Methodology: each issue's direction is a live signal — long/short opens or holds a position, neutral means flat, and every direction change opens, flips, or closes it. Returns are direction-aware (a short gains when the price falls) and compound across positions from first observation to the latest issue. "Price move" is the stock's own raw change, shown separately. Neither represents actual portfolio performance.
Brief History (14 issues)
Up 0.71%, tracking the same index as UPRO at 3x. RSI 45.6, with the Fed decision landing inside a heavy earnings week — amplified volatility without a directional edge — sidelines
Down 3.7% — same as UPRO, cut leverage into event week
Same as UPRO: a +2.5% bounce still 6.2% off the high — event-dense weeks call for subtracting leverage
Down 3.1% to $265.73, structurally identical to UPRO — into event week, leveraged books get cut to minimum size
Down 1.6% to $274.24, same as UPRO — gear down before event night
Up 1.1% to $278.71, same as UPRO — a trend-day tailwind tool where sizing discipline comes first
Down 2.3% to $272.72, same story as UPRO — giving leverage the night off before an event is a virtue
Up 1.2% in step with UPRO, cruising at the 92nd percentile
Up 2.5% in step with UPRO, secure above the 20- and 50-day
Down 0.9% in step with UPRO; in a sideways tape, leveraged ETFs offer only decay, no reward
-1.3% 3x S&P mild pullback; decay stays low in this vol regime — quick in, quick out
+2.6% 3x S&P above the 20-day; decay is mildest in this low-vol regime
Structurally identical 3x S&P to UPRO — pick one, not both
Same construct as UPRO (3x S&P) — hold one, not both