Guys, the daily moves can be deceiving...as I have explained previously with futures moves etc. This is also publicly traded so it has a human psychology factor to it also.
BBUS is working well in my opinion. In fact perfectly as described if you just look past the daily moves. Check out the recent highs/lows and compare them to BBUS high/lows then you get a 2.73 multiple of returns. See below:
Low Current Gain/Loss 1 BBUS 2.62 3.97 51.53% 2 3 High Current Gain/Loss 4 S&P 500 3386 2746 -18.90% 5 6 Multiple 2.73%
BBUS is up 51.5% on S&P being down 18.9%.
I didn't see anyone complaining when BBUS was up 13% yesterday after the S&P was only 1.8% down on Friday.
BBUS is still a good place to be in my opinion. Good luck all
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