When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Long traders in the ProShares Ultra VIX Short-Term Futures ETF (UVXY) caught some relief today with shares rallying by around 1.5% through close of trading. While these returns are certainly enjoyable for the long crowd, it is important to take a step back and examine the history of the instrument to get some perspective. Specifically, as you can see from the momentum table provided by Seeking Alpha, UVXY has almost completely erased wealth over anything longer than a 3 year timeframe and has delivered a whopping 80% year-to-date decline.