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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

Comment by bullcharton Sep 02, 2015 8:47am
126 Views
Post# 24070976

RE:RE:RE:Today's 2-3 o'clock move

RE:RE:RE:Today's 2-3 o'clock moveBrent dropped to $48.40 overnight compared to yesterday where he moved to $48.25. Crewed on the other hand dropped to $43.90 after hours, below its yesterday low. Possible that crude could drop by as low as $41-$42 as the HOD continues this leg up into the 14 and $15 area. I have first resistance on HOD at 14.35 but the August 28 trading range looks certainly possible today. If the oil traders last one at 10:30, all bets are off. In three trading days the HOD Droped from $19 to $11. Now were back above the 50 day moving average but I am still cautious as this area between the 200 day moving average in the 50 day moving average has a history of staying there longer then what we think. 
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