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Not sure how I missed these ETF debuts in June.

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  • Not sure how I missed these ETF debuts in June.

    NYSE: YINN and YANG

    Direxion 3x leveraged etfs.

    One is 3x bull, other 3x bear.

    You figure out which is which.
    “the misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all” -- Joan Robinson

  • #2
    You cannot be serious.

    Comment


    • #3
      I am dead serious.

      YINN: Summary for Direxion Daily China Bull 3x Sh- Yahoo! Finance


      Direxion Daily China Bull 3x Sh
      (NYSEArca: YINN )

      After Hours: 0.00 N/A (N/A) 10:00PM EST
      Last Trade: 21.69
      Trade Time: Oct 14
      Change: Up 1.11 (5.39%)
      Prev Close: 20.58
      Open: 20.81
      Bid: 21.70 x 100
      Ask: 22.28 x 300
      NAV¹: 49
      Day's Range: 20.80 - 21.86
      52wk Range: 13.43 - 60.00
      Volume: 157,906
      Avg Vol (3m): 96,373
      YTD Return (Mkt)²: -61.64%
      Net Assets²: 28.10M
      P/E (ttm)²: N/A
      Yield (ttm)²: 0.00



      Direxion Daily China Bear 3x Sh
      (NYSEArca: YANG )

      After Hours: 19.35 Up 0.36 (1.90%) 4:18PM EDT
      Last Trade: 18.99
      Trade Time: Oct 14
      Change: Down 0.78 (3.95%)
      Prev Close: 19.77
      Open: 19.50
      Bid: 18.47 x 2200
      Ask: 55.65 x 1000
      NAV¹: 19
      Day's Range: 18.80 - 20.94
      52wk Range: 12.01 - 32.00
      Volume: 34,856
      Avg Vol (3m): 63,052
      YTD Return (Mkt)²: 43.13%
      Net Assets²: 13.26M
      P/E (ttm)²: N/A
      “the misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all” -- Joan Robinson

      Comment


      • #4
        Side note. It is a 3x Direxion, DON'T play it if you have a weak heart.

        A single point drop = 3 points lost
        “the misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all” -- Joan Robinson

        Comment

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