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BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HROZF | HZOZF

HOU¿s investment objective is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the daily performance of the Horizons Crude Oil Rolling Futures Index. HOU is denominated in Canadian dollars.


TSX:HOU - Post by User

Comment by mjt2020on Apr 22, 2020 9:48am
134 Views
Post# 30938325

RE:RE:Perspective 2:30pm

RE:RE:Perspective 2:30pmAnyone who says they completely know how this plays out at 2:30 is either a mad genius or not being completely honest.  I think actual storage numbers and price of the June and July contract at the time are going to determine this.   It's also under the control of traders and doesn't have the normal mechanism to drag it back down to NAV in place.   

I would *think* it has a good day overall and retraces some of the carnage of the last little while.  However, if the oil markets do crazy/nasty things it could also tank again.   I'm hoping for a rebound... 
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