TZA/TNA and the market
Moderator: Aitrus
TZA/TNA and the market
For some reason this is the first time I have seen TZA negative (.65%) and the wilshire 4500 negative to neutral. Does that usually happen? Usually its always been one being the opposite of the other.
Re: TZA/TNA and the market
Although that is generally the case, TZA is not always the opposite of the W4500 (S) fund. From the explanation of the fund:
TZA Fund Summary
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 2000® Index
TZA will perform 3x opposite of what the Russell 2000 (^RUT) does.
Are you planning on purchasing TZA any time soon?
TZA Fund Summary
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 2000® Index
TZA will perform 3x opposite of what the Russell 2000 (^RUT) does.
Are you planning on purchasing TZA any time soon?
Re: TZA/TNA and the market
I bought quite a bit when it was around 16.50 but had bought some acouple weeks ago when it was hitting 17.30ish expecting it to come down, but its taking longer than I planned and just watching now.
Re: TZA/TNA and the market
I bought some at $21.82 and then tripled down at $16.68. I too am expecting a pullback but all this talk of QEIII is making me nervous, not gonna lie.
Re: TZA/TNA and the market
21.82 ouch.... Yea this week is gonna be a big one with all the news but seems most are running to f/g funds along with setting up for quite a bit of shorts after this week.
Fund Prices2024-04-17
| Fund | Price | Day | YTD |
| G | $18.19 | 0.01% | 1.25% |
| F | $18.68 | 0.50% | -2.85% |
| C | $78.62 | -0.58% | 5.72% |
| S | $76.27 | -0.89% | -1.07% |
| I | $40.66 | -0.17% | 1.19% |
| L2065 | $15.60 | -0.47% | 3.17% |
| L2060 | $15.60 | -0.47% | 3.18% |
| L2055 | $15.60 | -0.47% | 3.18% |
| L2050 | $31.39 | -0.35% | 2.57% |
| L2045 | $14.34 | -0.33% | 2.47% |
| L2040 | $52.43 | -0.31% | 2.41% |
| L2035 | $13.87 | -0.28% | 2.31% |
| L2030 | $46.25 | -0.25% | 2.24% |
| L2025 | $12.93 | -0.12% | 1.78% |
| Linc | $25.29 | -0.09% | 1.55% |