06-07-2021, 12:39 AM
SPXU inverse leveraged. Advice
<!-- SC_OFF --><div class="md"><p>Hello all, quick question/thought. I know how dangerous shorting stocks can be and how quickly profit can decrease along with the fact these are meant for daily trading. But with current times, predictions, and worries (stock crash, recession, inflation, exc) does anyone have any insight in this stock? Currently at the lowest it has ever been while the SPY is the near all time highs. Do you think SPY will decrease? Can SPXU reach 100% 0? This is an awful investment or could this be game changing if there is a 15% decrease in spy. Stock currently between 19-20 usd. Thanks for any time and responses!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/leomedic21"> /u/leomedic21 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/ntn00f/spxu_inverse_leveraged_advice/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/ntn00f/spxu_inverse_leveraged_advice/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Hello all, quick question/thought. I know how dangerous shorting stocks can be and how quickly profit can decrease along with the fact these are meant for daily trading. But with current times, predictions, and worries (stock crash, recession, inflation, exc) does anyone have any insight in this stock? Currently at the lowest it has ever been while the SPY is the near all time highs. Do you think SPY will decrease? Can SPXU reach 100% 0? This is an awful investment or could this be game changing if there is a 15% decrease in spy. Stock currently between 19-20 usd. Thanks for any time and responses!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/leomedic21"> /u/leomedic21 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/ntn00f/spxu_inverse_leveraged_advice/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/ntn00f/spxu_inverse_leveraged_advice/">[comments]</a></span>Kind Regards R