As ETFs control a larger number of assets under management, it is no surprise that the options available to investors are getting ever more exotic. One of the early examples (and thus we actually have history available) of exotic ETFs are leveraged ETFs.
Last week, we went into all of the details of our proprietary point-and-figure methodology (see here).
Familiar readers are aware that we use point-and-figure methodology as a technical complement to our extensive fundamental analysis. For a brief discussion of how it works, you may watch a video blog on the subject here. For more details, read on.