Think Your Stock Fund Stinks; Check out The Russian Stock Market
- Thread starter Go2Guy
- Start date
Wow.....Putin is going to have to go shirtless again to reassure everyone of his leadership abilities.
LoL.
Down 32% just today; I don't think even that shirtless Russian dude on Dancing With The Stars can revive their lousy market.
CRASH.
first of all that is a triple leveraged ETF, the Russian Index is only down 11% today. Track RSX for a better idea of what russia is doing.
Yes - You're correct about the daily crash today, thanks for the clarification. But RUSL is a proxy ETF and I was trying to show the chart pattern of the crash which tracks with the RSX.
The U.S. market has held up relatively well. The S&P 500 is "only" off 10% this year. The Nasdaq 100 is actually flat for the year.
Meanwhile, Europe and Asia have been getting killed. German market is down 30%. Italian market is down 35% year-to-date.
Meanwhile, Europe and Asia have been getting killed. German market is down 30%. Italian market is down 35% year-to-date.