Seeking Alpha

Bruce Pile » Comments » AGQNF.PK

  • ETF Shuffles in My Portfolio [View article]
    SDS and the other double shorts on the stock market are a weird and useless family of products. They are supposed to accurately track for just a one day period, I've read, and they can do any unpredictable thing over any other investment time period, severely distorting any tracking of an index, usually to the shorter's disadvantage.

    Shorting the stock market may be better done nowadays with an array of quality gold stocks. The period where gold was moving in synch with stocks last year appears to be over and it has returned to its more typical behavior of being an inverse investment to stocks. Thus far this year, the GDX gold miners index is up about 12%, about the same amount that the Dow is down year-to-date. And picking the quality gold stocks like HMY (up about 25% on the year) outperforms the flawed, undependable products like SDS.
    Feb 20 09:53 am |Rating: 0 -1 |Link to Comment
More on AGQNF.PK by Bruce Pile
Comments by Ticker
AA, AAPL, ABHPF.PK, ABX, ACAS, ADP, ADRE, AEM, AEO, AGG, AGOGF.PK, AGQNF.PK, AGU, AIG, AMD, AMZN, ANF, APA, APC, APY, ARO, AU, AUY, BAC, BBBY, BBH, BDD, BGR, BHI, BHP, BJS, BK, BND, BOM, BOS, BP, BRK.A, BRK.B, BVN, BWX, BX, C, CA, CEF, CF, CFC, CFWFF.PK, CGR, CHK, CLNE,
Bruce Pile's
Comments Stats
246 comments
Rating: 219 (269 - 50 )