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home / news releases / UVXY - George Costanza At It Again: The Leveraged ETF Episode


UVXY - George Costanza At It Again: The Leveraged ETF Episode

Source: NBC

Sometime in late 2018…

George: How about this stock market? Down 14% in three months. It's killing me. Day after day and all I see are big red numbers next to every single one of my investments. Everything I buy goes straight down – I can't take it!

Kramer: Ooooooweee, buying stocks is no good.

George: No good?

Kramer: Here's a can't-lose strategy for you: invest half your money in [[SPXL]] and the other half in [[SPXS]].

George: I never heard of these stocks before – what are they?

Kramer: They're not stocks,

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Stock Information

Company Name: ProShares Ultra VIX Short-Term Futures ETF 2x Shares
Stock Symbol: UVXY
Market: NYSE

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