The End of Leveraged ETNs & ETFs???

SYNOPSIS

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Magic does pay better than facts. That’s why ill-informed investors are so quick to lose the money that they’ve invested. They go with someone’s (magic) stock picks, because they think that the stock picker must be smart. They’re not! Investors need a disciplined personal strategy to be successful. You need to control your own investments with a well-defined methodology.

Last week… This is getting redundant. The most recent week is the opposite of the week before. So, we’re back on the plus side this time.
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PTP… The S&P 500 and S&P/TSX Composite Index APARs have pulled back this week, while we managed to almost double the PTP score. No secrets. Just buying some of the best stocks with positive trends.

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PTA Perspective… The End of Leveraged ETNs & ETFs???
We need to talk. Although we’ve encouraged leveraged ETFs for a number of reasons over the years, there may be a concerted plan to shut many of them down. This is an important update, and we’ve deferred the previously planned topic to make you aware that this is serious.