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LEVERAGED ETF LESSON
Sometimes, after highlighting a futures market trade opportunity, I get an email from a reader asking if they can put that trade on using levered ETFs. My answer is always the same – levered ETFs are fine for short-term trading, but you never want to hold them for a long period of time! Levered ETFs… Read More
Coronavirus Slams Chinese Economy
This post Coronavirus Slams Chinese Economy appeared first on Daily Reckoning. How bad is the coronavirus pandemic in China? It’s worse than the Chinese government knows and worse than the world believes. Here are the official statistics on the coronavirus (technically COVID-19) as of today: There are 75,685 confirmed infections worldwide, with 98% of that… Read More
Not Over by a Long Shot
This post Not Over by a Long Shot appeared first on Daily Reckoning. Are you tired of hearing about the coronavirus? Well, you shouldn’t be because it’s a serious situation with global consequences. Markets have been following the spread of the coronavirus (COVID-19) closely for good reason. The Chinese economy, second largest in the world,… Read More