Buying SPXS inverse the SPY

This etf may be called Bear 3X, but it sure moves conservatively in slow movements at these low prices.
Since I am short the SPX, I am a buyer of this SPXS etf, which is the inverse of SPY. It is the Direxion Daily S&P 500 Bear 3X S. It is trading at a reasonable price.

My analysis of buying SPXS is based on my analysis of shorting the SPY and DOWI.

Here are some fun and interesting articles to read:
Carl Icahn Compares America to a “Broken Company”
marketrealist.com/2015/10/wall-street-working-broken-companies-carl-icahn/
finance.yahoo.com/news/carl-icahn-compares-america-broken-193252655.html

DOWI: tradingview.com/chart/DOWI/MTLOnpKj-DOW-Industrials-Pullback-Short-Opportunity/
SPY: tradingview.com/chart/SPY/XXKMq7Tj-SPY-Short-My-World/

Dagangan aktif

Rocketman

Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.

Juga pada:

Penerbitan berkaitan

SPY: Short My World

oleh Rocketman

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.

Rocketman

Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.