Brace for Impact!!!!!Tell tale chart that only has one outcome....Brace for impact. Expect the worst?
Key stats
About ProShares Ultra Dow30
Expense ratio
0.95%
Home page
Inception date
Jun 19, 2006
ISIN
US74347R3057
DDM is a short-term tactical tool that delivers 2x returns for a single day. Investors holding the fund for longer than a day will need to monitor and rebalance their position to achieve the 2x multiple. Aside from the leverage, DDM's underlying indexthe venerable Dow Jones Industrial Averagehas its warts despite its popularity. As an under-diversified, price-weighted index, the Dow Jones Industrial Average draws serious skepticism about its utility as the foundation for a long-term buy-and-hold strategy. Still, investors betting on short-term market moves might be less deterred by the Dow's shortfalls. As a short-term play, DDM's liquidity and associated trading costs are critical.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Cash
Stock breakdown by region
DEATH CROSS ON THE DOW?Looks to be the day we may have the final Death Cross of 2018...The DOW 30! Let watch this in amazement!
Dow Jones Death Cross on the Horizon!The Dow Jones is on track to have its first Death Cross since August of 2015. This is bad news due to the fact that there is little good economic news to jump it up in price significantly enough to change it. December 14, 2018 is the current Trajectory...
Dead Cats all along the way!
BULLISH CHANNEL TRENDIn the chart is represented the PrShs Ult Dow30 Shs (DDM) ETF in a long period of 4 month appreciating a bullish channel trend
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