Why Inverse ETFs Fail Over Long Time Frames

The Kelly Letter uses leveraged long ETFs in two of its plans.

Readers have asked whether inverse leveraged ETFs could work, too. The answer is no, because the market rises more often than it falls.

This 10-min discussion with charts covering three different time frames makes the case.

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  1. ignacio badiola
    Posted May 12, 2020 at 12:54 am | Permalink

    Another Excellent video! Thanks for posting! -PS Nice Visconti Homosapiens pen 🙂

    • Posted May 16, 2020 at 12:33 pm | Permalink

      Thank you, Ignacio, and I am thoroughly impressed that you recognized my Visconti! You are correct. I love that pen. Did you know it’s made from lava rock?

  2. Jon Dearborn
    Posted May 10, 2020 at 9:39 am | Permalink


    Outstanding! Complete with your understandable explanation and rationale with charts that really made so much sense when comparing the different time frames.

    Thank you.

  3. tom luciani
    Posted May 9, 2020 at 3:07 am | Permalink


    I am in TQQQ and up 27%. I do not understand what this is telling me to do. Hold it until 2022?

    [omitted details from the paid subscriber site]


    • Posted May 9, 2020 at 10:00 am | Permalink


      Do nothing until the next quarterly signal at the end of June. Meantime, enjoy your accruing gains!


  4. K. Lacey
    Posted May 8, 2020 at 9:55 pm | Permalink

    Jason, One of your best videos – ever. The long term charts were powerful. Thank you.

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