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  • Ahhh someone's monetizing the famous buy-at-close, sell-at-open strategy that's worked well in the futures markets off-and-on for years. Interesting.
  • Thanks. Please keep us posted when the ETF starts trading.
  • Fund objectives/strategies are not fundamental and can be changed just by 60-day notice.

    If this ETF ever grows into multi-billion AUM, it may face regulatory constraints. A recent example of that was futures-based oil/WTI USO that was forced to change original strategy of rolling all near-term oil futures within a few days as the SEC, CFTC and Exchange became concerned by market impact.
  • I visited their website. It's, uh, exhibit A of something.

    They seemed to be more interested in people investing in their company than actually investing in their buzzword funds that don't exist at the moment.

    https://www.nightshares.com/

    You can count on "impactful teams."
  • Well, NightShares is part of AlphaTrAI, which is run by Analytics Ventures. So, the organizational layers (CAKE) are there and all they need is COFFEE (-:).

    https://www.alphatrai.com/

    https://www.analyticsventures.com/ai-startups/
  • Well, NightShares is part of AlphaTrAI, which is run by Analytics Ventures. So, the organizational layers (CAKE) are there and all they need is COFFEE (-:).

    https://www.alphatrai.com/

    https://www.analyticsventures.com/ai-startups/

    I'm not sure what's more corny, certain fund symbols or some of the convoluted names Congress creates in order to qualify using a single word to describe its contents (PATRIOT ACT, STOCK ACT, etc, etc...)

  • NightShares debuted NSPY and NIWM about two months ago (last week of June) and they have since trailed SPY and IWM by, 12 and 15% (not annualized), respectively.

    Any thoughts from forum members in trying to explain this big underperformance would be great.
  • No, avoid. results since inception 28 july are:
    s & p 500. +8.6%
    nspy 500. -3.7%
    niwm 2000 -5.8%
    inauspicious start
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