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BetaPro Crude Oil Inverse Leveraged Daily Bear ETF T.HOD

Alternate Symbol(s):  HBTPF

ng of shareholders on July 2, 2020 (see Recent Developments). HOD's investment objective, which became effective at the close of business on July 9, 2020, is to seek daily investment resHOD's investment objective was changed after gaining approval at a meetiults, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the inverse (opposite) of the daily performance of the Horizons Crude Oil Rolling Futures Index (the Underlying Index, Bloomberg ticker: CMDYCLER). HOD is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment are hedged back to the Canadian dollar to the best of its ability. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HOD employs absolute leverage.


TSX:HOD - Post by User

BetaPro Crude Oil Inverse Leveraged Daily Bear ETF
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Post by mikerosoft666on Jan 28, 2009 10:40am
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Post# 15733376

Big disappointment... errr... is it ?

Big disappointment... errr... is it ?
So crude is bouncing around...

Action is furious if you watch a real-time COMEX ticker,  but not moving POO very heavy.  However,  day isn't over yet.

Almost looks like oil wants to go up today.... like last week.  Same inventory disappointment and yet oil had a 2 day run if I recall it correctly.

Makes sense ?  NOT AT ALL ?

Think I will hold the HOU in a spirit of contrarian stupidity,  running against the grain and what all logic tells me I should do... and sell it if I get any lift at all...  this has a little bit of a "bottom" kind of feel to it...

Remember,  if I CAN be wrong ?  I probably AM...

Notice Gold is also trying to recover too...

GLTA   -   gotta suit up and head for work...
Bullboard Posts
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