SSO / CMI Stock Revisited: What Made It Work This Time?

ProShares Ultra S&P500 ETF is a leveraged exchange-traded fund designed to offer a 2x return on a daily basis as compared to the S&P 500. It mimics th more_horizontal

Bank of America recently raised its 2023 price target for the S&P 500 to 4,300 and to 4,600 in a bullish case scenario. more_horizontal

The AMI market risk indicator is risk-on since December 2. The S&P 500 is in uptrend since the October bottom. Simulations of the AMI strategy for two more_horizontal

Each week, readers can see a few distinct tiers, from the Vanguards and BlackRocks of the world to the upstarts like Dimensional Fund Advisors and Fir more_horizontal

Bearish investor sentiment is rapidly increasing again. Contrarily, this is positive for stock prices. At major buying points in the market, it is app more_horizontal

Over short time periods, the performance of SSO has averaged close to 2x the S&P 500 during normal markets. Since January 1st, 2020, a period that inc more_horizontal

Two trades in the same stock just weeks apart. What was the secret of success the second time around? more_horizontal

The market as a whole, including the Tech-heavy S&P 500, has been rallying in the immediate term. This has allowed SSO, which is a 2X S&P 500 play, to more_horizontal