BBUS, page-695

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freshinvestor93

2,505 Posts.

206

02/04/20

17:50

Post #: 43846804

Originally posted by jimk3758: ↑
Originally posted by Big_Fella
This ASX:BBUS chart may assist as to why I hold this ETF....

If you believe that the S&P 500 will retreat to at least the February 2016 levels, then this ETF will go to at least $14 (inclusive of mgmt fees) during the period it takes to get there. Regardless of day to day and intraday swings. Again, I have no idea about timing. Zero. But to me, given the economic reality around the world, and regardless of the stimulus, we are going to lose so much GDP that I can’t see how it avoids that end point (or greater). Some people argue we are going back to 2012 levels which if so, would have the S&P retrace to under 1500 and see this bad boy at $20+ levels.

I don't need to be convinced BBUS does well in a downturn I've already made heaps on it. I want to find a easy way to know how much profit/loss one should make each day. Here's a chart using daily NAV and SP500 futures but I can't see a reliable daily percentage inverse change to the BBUS price. Here's all the data what should I calculate?

Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9
1 Date NAV % Change SPF Close % Change BBUS Open % Change BBUS Close % Change
2 01-Apr-20 4.94 1.26 2,448.00 -4.74% 4.45 5.70 4.64 6.67
3 31-Mar-20 4.44 3.74 2,569.75 -1.59% 4.21 -16.80 4.35 -4.61
4 30-Mar-20 4.28 -7.56 2,611.25 3.46% 5.06 10.00 4.56 -0.87
5 27-Mar-20 4.63 2,524.00 4.6 4.6
Expand
Maybe something like SPXS if you are into international trading might better meet your requirement to match the market - It is extremely volitile and will require stone cold judgement but the potential is there. It can be nerve racking sleeping on it but set your stop losses and have a go.

Value at posting: 2,958.8

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Last 2,958.8		Change 17.070(0.58%)		Mkt cap ! n/a

BBUS, page-695

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	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7	Column 8	Column 9
1	Date	NAV	% Change	SPF Close	% Change	BBUS Open	% Change	BBUS Close	% Change
2	01-Apr-20	4.94	1.26	2,448.00	-4.74%	4.45	5.70	4.64	6.67
3	31-Mar-20	4.44	3.74	2,569.75	-1.59%	4.21	-16.80	4.35	-4.61
4	30-Mar-20	4.28	-7.56	2,611.25	3.46%	5.06	10.00	4.56	-0.87
5	27-Mar-20	4.63		2,524.00		4.6		4.6

Open	High	Low
2,958.8	0.00	0.00

BBUS, page-695

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