quant ratings not making sense
SOXL is a 3x bull instrument based on SOXX. Currently, SOXX has a "buy" quant rating, but SOXL has a "strong sell" quant rating. It's hard to have faith in a supposedly "objective" system that produces strongly contradictory results. Taken with the fact that only extremely vague explanations are given for how they work, makes me questions whether the quant ratings are even trustworthy at all.