First of all, I would like to welcome new subscribers to the site. The premise of this blog is that timing matters and by using good timers in conjunction with 2X levered ETF’s you can vastly improve your portfolio return, reduce drawdown and reduce risk as measured by the ulcer index.
My Canadian timer is still at least three days from generating a long signal. However, yesterday I bought more Horizons Beta Pro S&P/TSX 60 Bull (HXU) and Horizons Beta Pro S&P/TSX Capped Energy Bull (HEU).
My US timer will go long tomorrow evening if the markets don’t lose ground between now and then. I may add to my Proshares Ultra QQQ (QLD) holdings today.
I have Chandelier Exits set on all my ETF’s.
FJP