Today I took a look at these leveraged ETFs: $GraniteShares 2x Long PLTR Daily ETF(PTIR.US) is surprisingly still positive, but the other 2x leveraged ones got wiped out: RKLX and OKLL dropped nearly 10% in a single day, and KPDD also tanked.
Leverage is truly the devil, arrogant when the market is good, but gets hammered to the floor when the wind changes.
The high-dividend "retirement-type" like JEPQ falls slowly and earns slowly. If you want excitement, you still have to look at tech 2x, but with this current wave of pullback, it's really a bit unbearable, who understands...
I almost recklessly added to my position again last night, thankfully I held back 🙏🙏
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