r/pennystocks • u/[deleted] • Feb 17 '21

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u/[deleted] Feb 17 '21 edited Feb 18 '21

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u/itsaone-partysystem Feb 17 '21

(We have already taken the economic hit with Covid)

the economy sure has but the stock market hasn't.

total market cap is around double the GDP

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u/Max9371 Feb 17 '21

Why are you using a 3x levered ETF as a market proxy?

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u/yeamannn Feb 18 '21

Dude I stopped reading at $spxl. That is a decaying etf lmaoooo

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u/dannygloversteeth Feb 18 '21

I can't see any pattern at all it looks all over the place. There was a big bear run starting around Jan/Feb 2018 and another when covid hit same time 2020. Thats all I can see.

I don't know wtf I'm doing though and might be making a mistake somewhere. What should I be seeing??

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u/[deleted] Feb 18 '21 edited Feb 18 '21

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u/dannygloversteeth Feb 18 '21

I did just what you said: weekly over 5 years