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VelocityShares 3x Long Crude ETN linked to the S&P GSC (UWTI-N)
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$3.410
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Super leveraged oil commodity ETF. It is total speculation. It gets reset every day. This isn’t even investing. Three times the return on Natural Gas to the upside. You are better to go to the futures market.
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VelocityShares 3x Long Crude ETN linked to the S&P GSC(UWTI-N) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
VelocityShares 3x Long Crude ETN linked to the S&P GSC(UWTI-N) Frequently Asked Questions
What is VelocityShares 3x Long Crude ETN linked to the S&P GSC stock symbol?
VelocityShares 3x Long Crude ETN linked to the S&P GSC is a OTC stock, trading under the symbol UWTI-N on the (). It is usually referred to as or UWTI-N
Is VelocityShares 3x Long Crude ETN linked to the S&P GSC a buy or a sell?
In the last year, there was no coverage of VelocityShares 3x Long Crude ETN linked to the S&P GSC published on Stockchase.
Is VelocityShares 3x Long Crude ETN linked to the S&P GSC a good investment or a top pick?
VelocityShares 3x Long Crude ETN linked to the S&P GSC was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for VelocityShares 3x Long Crude ETN linked to the S&P GSC.
Why is VelocityShares 3x Long Crude ETN linked to the S&P GSC stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is VelocityShares 3x Long Crude ETN linked to the S&P GSC worth watching?
In the last year, there was no coverage of VelocityShares 3x Long Crude ETN linked to the S&P GSC published on Stockchase.
What is VelocityShares 3x Long Crude ETN linked to the S&P GSC stock price?
On , VelocityShares 3x Long Crude ETN linked to the S&P GSC (UWTI-N) stock closed at a price of $.
The problem with leveraged ETF’s is that they are actually reset every day. If the stock market moved up and down 10% every day, and a $10 share went up 3 times in a single day, it means it went up 30% and your $10 turns into $13. Next day it falls 10%. That means your $13 times 10% times 3 is going to fall to something like $9.60. The next day it goes back up 10%, but you are only at about $11.50. Your big swings by the day, because of re-balancing, are all over the map.