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”
DOWI:
SPY:
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”
DOWI:
SPY:
Trade active:
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
