Jun. 5 at 3:24 PM
Even on ugly red days, the Leopold Tracker somehow still finds a way to have something ripping
One of the bigger positions right now is the inverse Nvidia ETF
$NVDS currently the 8th largest holding and today it’s up 5%
Not gonna lie, it’s kinda funny watching NVDA bulls panic while inverse holders are suddenly acting like trading geniuses for a day
This is why hedging matters though. In markets like this, having at least SOME exposure that benefits from downside can really smooth out the emotional rollercoaster.
A few days ago everyone thought semis only went up. Now suddenly inverse ETFs are getting attention again. Funny how fast sentiment changes