S&P Breaks Support: 83 Inverse Equity ETFs To Use As A Hedge

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 |  Includes: BIS, BRIS, BXDB, BXDC, BZQ, COWS, DDG, DOG, DPK, DUG, DUST, DXD, EDZ, EEV, EFU, EFZ, EMSA, EPV, ERY, EUM, EWV, FAZ, FSA, FXP, GASX, HDGE, INDZ, JPX, KRS, LHB, MATS, MFSA, MIDZ, MLPS, MYY, MZZ, PSQ, QID, RETS, REW, ROSA, RSW, RTSA, RUSS, RWM, RXD, SBB, SBM, SCC, SDD, SDK, SDOW, SDP, SDS, SEF, SFK, SFSA, SH, SPXS
by: Epsilon

The S&P 500 recently broke support and is now-- as of this writing-- lingering just below its 200-day simple moving average (SMA). Though there is hope for our equities markets to stay strong throughout the year, a major break in support raises a big red flag.

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If the S&P 500 continues to fall, breaking its 200-day SMA, additional support will likely not be found until the index reaches the-- somewhat far off-- $1,200 level.

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As the red flag has already been raised with the S&P 500's recent break in technical support, a further fall through the index's 200-day SMA will likely send investors running for the hills; i.e. into cash or other hedge investments.

Inverse exchange traded funds move inversely to the index of which they track and, therefore, can be a good option for those looking for this kind of hedge. Below is a list of 83 inverse equity ETFs, sorted by their tracked index:

Alerian MLP Infrastructure Total Return Index MLPS E-TRACS 1xMonthly Short Alerian MLP Infrastructure Total Return ETN
Bank of New York Mellon BRIC Select ADR Index BRIS Direxion Daily BRIC Bear 2X Shares
Bank of New York Mellon China Select ADR Index YANG Direxion Daily China Bear 3X ETF
DAXglobal Agribusiness Index COWS Daily Agribusiness Bear 3x Shares
DAXglobal Russia Index RUSS Daily Russia Bear 3x Shares
Dow Jones Industrial Average SDOW ProShares UltraPro Short Dow 30 Fund
Dow Jones Industrial Average Index DOG Short Dow 30 Proshares
Dow Jones Industrial Average Index DXD ProShares UltraShort Dow 30
Dow Jones U.S. Basic Materials Index SBM ProShares Short Basic Materials
Dow Jones U.S. Basic Materials Index SMN ProShares UltraShort Basic Materials
Dow Jones U.S. Consumer Goods Index SZK ProShares UltraShort Consumer Goods
Dow Jones U.S. Consumer Services Index SCC ProShares UltraShort Consumer Services
Dow Jones U.S. Financials Index SEF ProShares Short Financials
Dow Jones U.S. Financials Index SKF ProShares UltraShort Financials
Dow Jones U.S. Health Care Index RXD ProShares UltraShort Health Care
Dow Jones U.S. Industrials Index SIJ ProShares UltraShort Industrials
Dow Jones U.S. Oil & Gas Index DDG Short Oil and Gas Proshares
Dow Jones U.S. Oil & Gas Index DUG ProShares UltraShort Oil & Gas
Dow Jones U.S. Select Telecommunications Index TLL ProShares UltraShort Telecommunications
Dow Jones U.S. Semiconductors Index SSG ProShares UltraShort Semiconductors
Dow Jones U.S. Technology Index REW ProShares UltraShort Technology
Dow Jones U.S. Utilities Index SDP ProShares UltraShort Utilites
FTSE/Xinhua China 25 Index FXP ProShares UltraShort FTSE China 25
FTSE/Xinhua China 25 Index YXI ProShares Short FTSE China 25
Health Care Select Sector Index SICK Daily Healthcare Bear 3X Shares
Indus India Index INDZ Direxion Daily India Bear 2X Shares
ISE-REVERE Natural Gas Index GASX Direxion Daily Natural Gas Related Bear 2x ETF
KBW Regional Banking Index KRS ProShares Short KBW Regional Banking
Materials Select Sector Index MATS Daily Basic Materials Bear 3X Shares
MSCI Brazil Index BZQ ProShares UltraShort MSCI Brazil
MSCI EAFE Index DPK Developed Markets Bear 3x Shares
MSCI EAFE Index EFU ProShares UltraShort MSCI EAFE
MSCI EAFE Index EFZ Short MSCI EAFE Proshares
MSCI EAFE Index MFSA iPath Short Enhanced MSCI EAFE Index ETN
MSCI Emerging Markets Index EDZ Emerging Markets Bear 3x Shares
MSCI Emerging Markets Index EEV ProShares UltraShort MSCI Emerging Markets
MSCI Emerging Markets Index EMSA iPath Short Enhanced MSCI Emerging Markets Index ETN
MSCI Emerging Markets Index EUM Short MSCI Emerging Markets Proshares
MSCI Europe Index EPV ProShares UltraShort MSCI Europe
MSCI Japan Index EWV ProShares UltraShort MSCI Japan
MSCI Mexico Investable Market Index SMK ProShares UltraShort MSCI Mexico Investable Market
MSCI Pacific ex-Japan Index JPX ProShares UltraShort MSCI Pacific ex-Jpn
MSCI US Broad Market Index TOTS Daily Total Market Bear 1X Shares
n/a HDGE AdvisorShares Active Bear ETF
NASDAQ Biotechnology Index BIS ProShares UltraShort Nasdaq Biotechnology
NASDAQ-100 Index PSQ Short QQQ Proshares
NASDAQ-100 Index QID ProShares UltraShort QQQ
NASDAQ-100 Index SQQQ ProShares UltraPro Short QQQ Fund
NYSE Arca Gold Miners Index DUST Direxion Daily Gold Miners Bear 2x Shares
PHLX Semiconductor Index SOXS Direxion Daily Semiconductor Bear 3X Shares
Russell 1000 Energy Index ERY Daily Energy Bear 3x Shares
Russell 1000 Financial Services Index FAZ Direxion Financial Bear 3X Shares
Russell 1000 Growth Index SFK ProShares UltraShort Russell 1000 Growth
Russell 1000 Index BGZ Direxion Large Cap Bear 3X Shares
Russell 1000 Index ROSA iPath Short Extended Russell 1000 TR Index ETN
Russell 1000 Retail Index RETS Direxion Daily Retail Bear 2x Shares
Russell 1000 Technology Index TYP Direxion Daily Technology Bear 3X Shares
Russell 1000 Value Index SJF ProShares UltraShort Russell 1000 Value
Russell 2000 Growth Index SKK ProShares UltraShort Russell 2000 Growth
Russell 2000 Index RTSA iPath Short Extended Russell 2000 TR Index ETN
Russell 2000 Index RWM Short Russell 2000 Proshares
Russell 2000 Index SRTY ProShares UltraPro Short Russell2000 Fund
Russell 2000 Index TWM ProShares UltraShort Russell 2000
Russell 2000 Index TZA Direxion Small Cap Bear 3X Shares 2013 Russell 2000
Russell 2000 Value Index SJH ProShares UltraShort Russell 2000 Value
Russell 3000 Index TWQ ProShares UltraShort Russell 3000
Russell MidCap Growth Index SDK ProShares UltraShort Russell MidCap Growth
Russell Midcap Index MWN Direxion Daily Mid Cap Bear 3x Shares
Russell MidCap Value Index SJL UltraShort Russell Mid Cap Value Proshares
S&P 500 Bull/TBond Bear Index FSA FactorShares 2X: TBond Bull/S&P500 Bear
S&P 500 Index RSW Rydex Inverse 2x S&P 500 ETF
S&P 500 Index SDS ProShares UltraShort S&P 500
S&P 500 Index SFSA iPath Short Extended S&P 500 TR Index ETN
S&P 500 Index SH Short S&P 500 Proshares
S&P 500 Index SPXU ProShares UltraPro Short S&P 500
S&P 500 Total Return Index BXDB Barclays Short B Leveraged Inverse S&P 500 Total Return Index
S&P 500 Total Return Index BXDC Barclays Short C Leveraged Inverse S&P 500 Total Return Index
S&P Latin America 40 Index LHB Direxion Daily Latin America Bear 3x Shares
S&P MidCap 400 Index MYY Short MidCap 400 Proshares
S&P MidCap 400 Index MZZ ProShares UltraShort MidCap400
S&P MidCap 400 Index SMDD ProShares UltraPro Short Mid Cap 400 Fund
S&P SmallCap 600 Index SBB Short Small Cap 600 Proshares
S&P SmallCap 600 Index SDD ProShares UltraShort SmallCap 600
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A full list, including Alternative, Bond, Commodity, Currency, Equity, and Real Estate inverse ETFs can be found at http://www.epsilonfinancial.com/research/

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Additional disclosure: Inverse ETFs are generally suggested as short term investments only.