Leveraged ETFs aim to deliver 2× or 3× the daily return of an index—not cumulative long-term returns. This distinction is critical. Compounding occurs from each day’s new starting point, not your original investment. So while you may get 3× the daily...
YTD the US S&P 500 Index (known to track the overall US market) is down ~13.74%. Many people have asked me, “isn’t the price cheap now?”. The short answer is not necessarily. Here’s a brief overview of how to look at overall US market drops and to ga...
Let’s analyze who is benefitting from AI today. It is clear that AI is revolutionary and will be here to stay. There winners though, aren’t completely clear.
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Nvidia, which supplies GPUs (graphics processing unit) that power large language models,...
This post may be more useful after reading SVB’s bank collapse post for context (blog posted 4/1/23). It’s interesting to see when one company’s stock falls to drag down an entire sector. In this type of instance, either the market completely m
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