I'm on about 2.85
Generally I hate these etfs due to the decay.
I heard something about a 20-1 reverse split or something?
As for gas I'm hearing the big traders are starting to go long. But that's from a dubious source.
I'm on about 2.85What did you get in at? I'm getting full on fomo/thinking about a rebuy now. Fomo usually means it's time to sell but we're also at the absolute peak of the euro summer right now so the weather is only going to get colder and colder and colder from here on out.
Not sure what they're fretting about. It's clear that they're still worried about inflation, even if headline CPI is heading down.
Gas where?As for gas I'm hearing the big traders are starting to go long.
North america.Gas where?
North America?
EU / UK?
Spot market LNG?
Reason I'm asking is there's multiple different gas markets in practice and price can vary hugely between them simply due to the logistical constraints. Someone could plausibly get the direction of prices right in, say, the EU but stuff up the trade implementation if they don't realise that North America is a separate market. etc.
Caution is needed about the detail when it comes to gas. Specifically the location.
I'm likely rebuying a bit tonightNorth america.
I was stopped out of the trade.
I probably should stop stirring general chat and pay attention.
Yeah I think there's a bigger hit here.I'm likely rebuying a bit tonight
Anything leveraged is. All leveraged plays have fees and downside biases built in to them. They're a trading instrument, not a buy & hold.Any newbs should know that BOIL decays over time. It's more of a trading punt rather than a buy and forget.
I remember people getting caught buying whatever they saw on stock forums before without checking.Anything leveraged is. All leveraged plays have fees and downside biases built in to them. They're a trading instrument, not a buy & hold.
They even state as such in their PDS's if you look (just to make it 1000% clear so they don't get sued).
I remember people getting caught buying whatever they saw on stock forums before without checking.
Hang on tight. The ride may get more bumpy yet.BoE surprises with a 50bps hike v. 25bps expected, now at 5%.
And the same with Norway - 50bps hike v. 25bps expected....
This doesn't look like the end of tightening
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"Here in europe we're about 6 months behind the U.S"
Aka "we started hiking 6 months too late".
They just need to throw a couple of 50's at it and get it over with. The yanks even gave us a 100 pointer at one point and the world didn't end so I'm sure europe can give it more than a pair of 25's.
I know europe's in a much more precarious position than the U.S but I'm still getting an overwhelming feeling of underaction from them nonetheless.
Called it.BoE surprises with a 50bps hike v. 25bps expected, now at 5%.
And the same with Norway - 50bps hike v. 25bps expected....
This doesn't look like the end of tightening
Is not boil one of the "tools" which is taxed on sale for us , foreigners , under the new us tax laws.Any newbs should know that BOIL decays over time. It's more of a trading punt rather than a buy and forget.
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