These leveraged ETFs in biotech are really something I'm too timid to touch; sometimes it feels like playing with fire. Lately, the 2x long positions in CRCL and CRWV have plummeted disastrously (starting at -10%), and even LABU hasn't made much of a splash. Core stocks like XBI are also stagnant. I used to think biotech could offer some big swings, but now I just feel like I'm on a rollercoaster. The faith premium can't be held onto anymore; preserving my capital comes first. I'll be more zen about it. As for bottom-fishing, I'll leave that to time. 🙏
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