Australia's largest stock trading and investment forum Australia's #1 stock forum

SP500

Click for more information

0.42%

2,806.7 standard & poor's 500

BBUS, page-9

First 9 Last

Share
Profile

Follow
Womtrade

1,441 Posts.

270

16/08/18

07:11

Post #: 34965921
Share

Originally posted by pete11 ↑

Hi guys, this stock BBUS is a strong bear fund for the S&P 500 ETF
It says if the S&P 500 falls 1% than BBUS should go up 2-2.75%
and if the S&P 500 goes up 1% BBUS falls 2-2.75%

Yet a couple of days ago the S&P 500 fell 4% yet BBUS only went up 5.3%, according to their stats it should have gone up like 8-10%

anyone following this one, as someone who thinks the US markets could crash, I was looking at something that I could short the US market with, this looked perfect but if it barely follows the ETF managers formula, I don't know.

anyone got any thoughts on this one?

I know there is a BEAR ETF but that's only against aussie stocks, I think the US stocks will fall a lot more than ours will as the US market is so overvalued.

Expand

I'm with you Pete on this one if you are still following Bbus.

US market and more importantly global markets just about at the cliffs edge imo.

Would be interested to hear your thoughts on where the US market and global markets are heading.

Value at posting: 2,840.2
1 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ENV

Anteris Tech eyes US market liquidity with early-stage NASDAQ IPO paperwork

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 143 more messages in this thread...

First 9 Last

Add SP500 (INDEXSP) to my watchlist

SPONSORED BY