Re: Biotech is persona non grata
Can't remember how long it's been since I've posted on this board (or if ever) but correct -as a general rule leveraged ETF's can't be held long term. Looking at very long term charts will show they continue to decay over time and do lots of reverse splits. Not so much evident in LABU as in almost all others. But what is very curious about LABU is the extraordinary increase in volume in 2022. Maybe ten to fifteen fold higher than any other time in its history. Worth bringing up a chart just to see that.