Direxion Daily S&P 500 High Beta Bear 3X Shares HIBS

Let’s roll

Let’s go!

Awe ya. Monday this will be shooting up to $4 at least, the market is about to face another correction, it’s at a high right now but it shouldn’t be with lock downs and everything going on. This week will be bad for the market but good on these stocks. Loaded up at $2.81, have a few call contracts for $SPXS. Can’t go wrong

This will only go up in the coming weeks. But now. All time low right now. When Biden shuts shit down this will be at 20$

This should be posting better results

The top 10 holdings (weighted as per the prospectus) are showing a collective daily return of -1.31%
At the same time HIBS had a return closer to .30%

Yesterday the same set of facts (top 10 return) allowed HIBS to perform very closely to the goal of 3x inverse

My observation is this etf struggles on days the market is green and moves to red

I get this isn’t easy ... HIBS being red when the market is red isn’t exactly what was advertised ... regardless of the reasons why