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George Simone
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I'm a long-time Market Participant who has criss-crossed the Market for more years than I care to remember, and a few years ago I got hooked on studying and trading ETFs, especially the leveraged kind. Charts, good charts are an absolute necessity in this field, so the Linchpin of my ETF... More
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  • Keep Things Simple.

    Wall Street nosedived during last Friday's trade as some large-cap companies missed the Street's estimates and some lousy durable goods orders combined to spark investors' concerns that corporate Investments into their businesses remains a non-event. That and rising skepticism is fuelling anxiety of a looming market correction.

    Some prominent market strategists claim that the market is at risk because of rising bond-yields and unsustainable high valuations. Add to this the rising geopolitical turmoil in the Middle East and Ukraine, and the stage is set for the market to head south for awhile.

    Other strategists point to the corporate profit reports that are coming in better than expected and that should carry the market to higher highs. But what the market "should" do according to some analysts' concepts doesn't carry much weight among market strategists who have proven track records. To them, the key to staying ahead of the crowd is not estimating what should happen, but determining why the market is behaving in a certain manner, and here the concept "should" does not enter into the equation. The fact is that the bulls in this game are just as smart but not smarter than the bears and vice-versa, and this is why correct interpretations of charts [or close to it] become imperative.

    But these charts have become so sophisticated and complex that even experienced chart-watchers are having a tough time deciphering which way is up or down for the market. This is why keeping it "simple" and easy to visualize what is going on behind the indexes is so important for any successful market strategist.

    Here is where the Troika featured in these series of blogs comes in. This Troika-combo was leading the market down between October /07 to March /09 and hasn't stopped leading the market from one record high to the next ever since. The interaction between the bulls and bears as depicted by the Moving-Average trend lines, the MACD momentum and RSI strength indicators all combine to keep market strategists on the right track with the market.

    Check this blog's latest Troika which this time appears on weekly charts, and note that while the two bull-components [RSP] and [SPXL] remain well supported by their respective bullish Moving Average lines configuration [green line below the red line] these indexes have stretched too far too fast and are in need of some consolidation, including some kind of a pullback.

    The respective RSI strength indicators are hitting overbought ceilings, which is a sign that the bulls are close to the point of exhaustion and need to take a rest. The bear of this Troika [SPXS] remains in deep hibernation, which means that a decent pullback by the market will be a buying opportunity. Note that the bear's MA lines configuration remains exceedingly negative [green line above the red] and that will keep the bear subdued for some time to come.

    (click to enlarge)

    (click to enlarge)

    (click to enlarge)

    Small-Caps [SML] suffered their third-straight down-week and are underperforming the large-caps. That is unusual and has market strategists wondering if that signals the end of the rally and causes the broader market to slide down from here.

    So far the SML remains well supported by its bullish MA lines configuration [green line below the red] but the gap is narrowing and that means creeping weakness among the small-caps. Its MACD momentum bars are hanging from their demarcation line into bearish territory as they have since the end of last year, hence the lousy performance of the small-caps. The RSI strength indicator keeps stuck on the neutral line, all of which is a caution signal for the broader market as well.

    (click to enlarge)

    This market forecasting junk-bond canary [JNK] is in a lousy mood lately. Although its MA lines configuration is still bullish [green line below the red] the gap is precariously narrowing. Should the red line slip below the green a sharp selloff has to be anticipated. Also note that the MACD momentum index and RSI strength indicator are still stuck in their respective bearish territories, which are further signs that this bull needs a rest.

    (click to enlarge)

    Everything about this weekly NASDAQ 100 index [NDX] is exceedingly bullish, in fact too much so. This index has shot up too far too fast and now finds itself in nosebleed territory. Even though well supported by its bullish MA lines configuration [green line below the red] its RSI strength indicator is hitting the overbought ceiling, which could give NASDAQ a headache and cause this index to pull back a bit. Meanwhile, the MACD momentum bars are well established in their bullish territories and that will give NASDAQ the fuel needed to move higher.

    (click to enlarge)

    The overall commodity market [DBC] appears to have hit bottom and is now consolidating. The RSI strength indicator appears to be doing the same and the MACD momentum bars are closing in on the neutral demarcation line. But with the MA lines configuration still bearish [green line above the red] commodities will have a tough time rallying anytime soon.

    (click to enlarge)

    It takes the consumer to give the market a push to higher highs. But even though the consumer discretionary index [XLY] remains well supported by its bullish MA lines configuration [green line below the red] this index appears to need still further consolidation. The RSI strength indicator sits on the neutral line and the MACD momentum bars are closing in to do the same, which means that consumer sentiment can go either way but appears to be leaning to the bullish side.

    (click to enlarge)

    The yellow metal [GOLD] appears to be in a consolidation phase. Its MA lines configuration is slowly turning bullish [green line below the red] and the MACD momentum index along with the RSI strength indicator are consolidating along their respective demarcation lines. All of this bodes well for gold in the weeks ahead.

    (click to enlarge)

    The weekly index of oil [WTIC] appears to be in zigzag fashion geared to the upside. Its MA lines configuration has turned bullish [green line below the red] and both the MACD momentum index and RSI strength indicator are hugging their respective demarcation lines. All of this bodes well for crude in the weeks ahead.

    (click to enlarge)

    Put it all together, and we're still in a market that guides to the sidelines. Trading ETFs in a situation like this it's just like going fishing. Let the small fry go and wait for the right-sized setups to come along as they always do, eventually.

    Here are some favored ETFs to keep on tap:

    Leveraged Bull ETFs:

    Gold-Explorers 3x (NYSEARCA:GLDX), Silver 2x (NYSEARCA:AGQ), Gold-Miners 2x (NYSEARCA:NUGT), Gold 3x (NASDAQ:UGLD), Silver 3x (NASDAQ:USLV), Jr. Gold Miners 3x (NYSEARCA:JNUG), Energy 3x (NYSEARCA:ERX), Oil & Gas 2x (NYSEARCA:DIG), S&P 500 3x (NYSEARCA:SPXL), DOW 30, 3x (NYSEARCA:UDOW), Mid-Caps 3x (NYSEARCA:UMDD), Technology 3x (NYSEARCA:TECL), S&P 500 2x (NYSEARCA:SSO), Financials 3x (NYSEARCA:FAS), NASDAQ 2x (NYSEARCA:QLD), Small-Caps 3x (NYSEARCA:TNA), Semis 3x (NYSEARCA:SOXL), Biotech 2x (NASDAQ:BIB), Health-Care 3x (NYSEARCA:CURE).

    None-Leveraged Long ETFs:

    Jr. Gold-Miners (NYSEARCA:GDXJ), Biotech (NYSEARCA:BBH), Discretionary (NYSEARCA:VCR), Technology (NYSEARCA:XLK), Semis (NASDAQ:SOXX), Financials (NYSEARCA:IYF), Russell 2000 (NYSEARCA:IWN), NASDAQ (NASDAQ:QQQ), Transports (NYSEARCA:XTN), S&P 500 (NYSEARCA:IVW), Gold-Miners (NYSEARCA:GDX), Russell 1000 (NYSEARCA:IWF).

    Leveraged Bear ETFs:

    Russell 2000, 3x (NYSEARCA:SKK), Mid-Caps 3x (NYSEARCA:MYY), Semis 3x (NYSEARCA:SOXS), Oil 2x (NYSEARCA:SCO), Technology 3x (NYSEARCA:TECS), Small-Caps 3x (NYSEARCA:TZA), Energy 2x (NYSEARCA:DUG), Financials 3x (NYSEARCA:FAZ), Materials 2x (NYSEARCA:SMN), NASDAQ 2x (NYSEARCA:QID), Gold-Miners 2x (NYSEARCA:DUST), Nat-Gas 2x (NYSEARCA:KOLD), Russell 2000, 3x (NYSEARCA:SRTY), S&P 500, 3x (NYSEARCA:SPXU), Biotech 2x (NASDAQ:BIS).

    Non-Leveraged Short ETFs:

    Mid-Caps (MYY), Materials (NYSEARCA:SBM), Financials (NYSEARCA:SEF), Russell 2000 (NYSEARCA:RWM), DOW 30 (NYSEARCA:DOG), Financials (SEF), Oil (SZOI), S&P 500 (NYSEARCA:SH), Small-Caps (NYSEARCA:SBB), Equity Bear (NYSEARCA:HDGE), EAFE (NYSEARCA:EFU).

    GOOD LUCK!

    Jul 28 3:12 PM | Link | Comment!
  • Tragedy And The Market.

    Wall Street took a sharp tumble last week's Thursday after the downing of a passenger jet in which 300 people died in Ukraine. At the same time Israel started all-out ground offensives in the Gaza strip, where most of the victims will again be among the civilian population.

    While this had market participants run for cover and the bears in this game licking their chops in anticipation of a steep correction, the market had a different idea and rallied strongly during Friday's trade, erasing most of Thursday's loss.

    Investors had realized that with the U.S. economy expanding, with the earnings season looking pretty good and with the Fed promising to keep interest rates at rock-bottom while goosing the easy money Q.E. a bit longer, the killings in Ukraine and Gaza actually presents a good buying opportunity, and so the market rallied after taking a steep nosedive the previous session.

    As the man said - you've got to buy when there is blood in the street, and there was plenty of it last week, with probably more on the way.

    It just shows how coldly analytical the market can be when faced with a buying opportunity.

    Meanwhile, an increasing number of market strategists figure that the market has reached nosebleed territory with a bull/bear ratio at four to one. According to "Investors' Intelligence" who runs this thing, that's the highest level since early 1987 and market participants can well remember what happened after that. But check this Troika and see what the market has in mind.

    Note that the two bull-components [RSP] and [SPXL] have snapped back from last week's selling squall and are now in a consolidation phase while being well supported by their respective bullish Moving-Average lines configurations [green lines below the red lines.]

    But these two bulls are also hitting a ceiling, and it remains to be seen if they have what it takes to break through to higher highs. For as long as the MACD momentum bars keep hanging from the demarcation line into bearish territory, the bulls will have a tough time advancing, if at all.

    It is the [SPXS] bear component of this Troika that is giving the bulls a chance. This index remains stuck at the bottom while under continued pressure from its exceedingly bearish MA lines configuration [green line above the red.] Also, the RSI strength indicator appears to be unable to rise above and stay above its demarcation line and that is a big negative for the bears and positive for the bulls. It may take a little time but the bulls do have the advantage in this game.

    (click to enlarge)

    (click to enlarge)

    (click to enlarge)

    Small-Caps [RUT] are usually instrumental in leading the market to higher highs, but this time they are certainly not much help for the market to decide which way is up. Although this index appears to be bouncing off the bottom, for as long as the MACD momentum bars are staying deep in bearish territory while ditto for its RSI strength indicator, the small-cap market remains vulnerable.

    But there is hope as the bullish MA lines configuration [green line below the red] suggests that after a consolidation period the small-caps may be able to lead the market in a renewed rally.

    (click to enlarge)

    The NASDAQ 100 index [NDX] keeps reaching deeper into nosebleed territory, which leaves this index facing an at least 100 point haircut, and that would be a good thing. It would bring the commodity market down to where it could find traction for a genuine advance. Sure, this index remains well supported by an exceedingly bullish MA lines configuration [green line below the red] and a RSI strength indicator that remains well in its bullish territory, but where is the MACD upside momentum? It has been stalling since the middle of last June, and that is the Achilles heel of the overall market.

    (click to enlarge)

    Check this [CRB] commodity producers' index and its twin the [BDI] commodity demand index and you can see why the commodity market is in such a mess. Both indexes are searching for a bottom while their respective MA lines configurations remain in a bearish mode [green lines above the red.] Also, their MACD momentum bars are hanging deep in bearish territories and the respective RSI strength indicators are blowing bubbles at the bottom. Now that is a sign that the commodity market is extremely oversold, which may lay the seed for a snap-back rally.

    (click to enlarge)

    (click to enlarge)

    This market-forecasting junk-bond canary [JNK] appears to have given up the ghost. That's no surprise after watching this thing blowing such a huge RSI bubble last month. Also note that ever since last March the rally of this junk-bond was fuelled by nothing more but the fumes of its empty MACD momentum gas tank. But for as long as the MA lines configuration of this index remain bullish [green line below the red] the market could find renewed traction and rally again. (click to enlarge)

    After the recent turmoil in the markets, this insiders' index [KNOW] remains remarkably stable, and that is a good omen for the markets. The insiders in this game appear to remain bullish for as long as the MA lines configuration of this index remains bullish as well [green line below the red.](click to enlarge)

    The yellow metal [GOLD] appears to be in a consolidation mode and in the process of building a takeoff plateau. While this index is moving sideways, its MA lines configuration has a bullish bias to it [green line below the red] and ditto for the RSI strength indicator. The MACD momentum bars are sitting on top of the demarcation line, all of which augurs well for the gold market in the months ahead.(click to enlarge)

    Oil [WTIC] sure seems to have a tough time getting its act together. During Wall Street's selloff last week, crude took to the sky in anticipation of a major supply disruption for the European energy market from Russia. But then crude took again a steep nosedive, which proves that it just hasn't got what it takes to rally to rally from here.

    (click to enlarge)

    During last week's selloff there was much talk in the media that the market's fear index [VIX] had spiked on its daily chart from the 11 to the 14 level. This was supposed to get the sky to fall and kill the little chickens down below.

    But to keep things in perspective, check the monthly chart of the VIX and note what a real VIX spike looks like. Also note that from the late 2010 to the present the VIX had a bearish MA lines configuration [green line above the red] which kept this fear index well contained during that time and the bulls in charge.

    But check the daily chart and note that last February the VIX did spike past the 20 level reading and it is at that point that Wall Street's little chickens will have something to worry about.

    (click to enlarge)

    (click to enlarge)

    All in all this market is setting up to rally again, but for now it's still consolidation time and that is a good time to just wait at the sidelines and watch the universe of the market unfold. Meanwhile keep the favored ETFs featured in these blogs on tap.

    Favored ETF sectors:

    Consumer Discretionary, Financials, Health-Care and Technology.

    Leveraged Bull ETFs:

    Energy 3x (NYSEARCA:ERX), Nat-Gas 3x (NYSEARCA:GASL), Oil&Gas 2x (NYSEARCA:DIG), Crude 2x (NYSEARCA:UCO), Banks 2x (NYSEARCA:KRU), China 3x (NYSEARCA:YINN), Real Estate 3x (NYSEARCA:DRN), S&P 500, 3x (NYSEARCA:SPXL), S&P 500, 3x (NYSEARCA:UPRO), DOW 30, 3x (NYSEARCA:UDOW), Mid-Caps 3x (NYSEARCA:UMDD), Technology 3x (NYSEARCA:TECL), S&P 500, 2x (SS0), Financials 3x (NYSEARCA:FAS), NASDAQ 2x (NYSEARCA:QLD), Small-Caps 3x (NYSEARCA:TNA), Developed Markets 3x (NYSEARCA:DZK), Japan 2x (NYSEARCA:EZJ), Financials 2x (NYSEARCA:UYG), Emerging Markets 3x (NYSEARCA:EDC), Semis 3x (NYSEARCA:SOXL), Health-Care 3x (NYSEARCA:CURE), Biotech 2x (NASDAQ:BIB), Gold Miners 2x (NYSEARCA:NUGT), Jr. Gold Miners 3x (NYSEARCA:JNUG).

    Non-Leveraged Long ETFs:

    Biotech (NASDAQ:IBB), Biotech (NYSEARCA:BBH), Pharma (NYSEARCA:XPH), Oil&Gas (NYSEARCA:FRAK), Oil-Services (NYSEARCA:OIH), Solar (NYSEARCA:TAN), Home-Construction (NYSEARCA:ITB), Discretionary (NYSEARCA:VCR), Industrials (NYSEARCA:IYJ), Technology (NYSEARCA:XLK), Semis (NASDAQ:SOXX), Financials (NYSEARCA:IYF), Russell 1000, (NYSEARCA:IWF), Technology (NYSEARCA:IYW), Japan (NYSEARCA:DXJ), S&P 500 (NYSEARCA:IVW), EAFE (NYSEARCA:EFA), Regional Banking (NYSEARCA:KRE), Gold-Miners (NYSEARCA:GDX).

    Leveraged Bear ETFs:

    Biotech 2x (NASDAQ:BIS), Health-Care 2x (NYSEARCA:RXD), Russell 2000, 2x (NYSEARCA:SKK), Oil 2x (NYSEARCA:DTO), Emerging Markets 3x (NYSEARCA:EDZ), Nat-Gas 3x (NYSEARCA:DGAZ), Mid-Caps 2x (NYSEARCA:MZZ), Small-Caps 3x (NYSEARCA:TZA), Technology 2x (NYSEARCA:REW), Mid-Caps 3x (NYSEARCA:MIDZ), S&P 500 3x (NYSEARCA:SPXU), Energy 3x (ERX), Oil&Gas 2x (NYSEARCA:DUG), NASDAQ 3x (NASDAQ:SQQQ), Small-Caps 2x (NYSEARCA:SDD), Financials (NYSEARCA:SKF).

    Non-Leveraged Short ETFs:

    Emerging Markets (NYSEARCA:EUM), Russell 2000 (NYSEARCA:RWM), Financials(NYSEARCA:SEF), Mid-Caps (NYSEARCA:MYY), NASDAQ 100 (NYSEARCA:PSQ), EAFE (NYSEARCA:EFZ), Equity Bear (NYSEARCA:HDGE), Oil (NYSEARCA:DNO), Real Estate (NYSEARCA:REK), S&P 500 (NYSEARCA:SH), DOW 30 (NYSEARCA:DOG), Small-Caps (NYSEARCA:SBB).

    GOOD LUCK!

    Jul 21 8:06 AM | Link | Comment!
  • Risk Will Again Be Rewarded.

    Last week the S&P 500 and the NASDAQ combo posted their biggest weekly losses since April. Some market strategists point to the Russell 2000 small-caps [RUT] as the trigger that pulled the market down. This index is the weather-vane of the market and lets investors know which way the wind blows.

    Now, according to these strategists the Russell 2000 has entered bear-market territory, and just as this index has led the market to higher highs, it will now lead the market to lower lows.

    Check this RUT chart and at first glance this index certainly appears to be headed for the nether regions and ready to take the market down with it.

    The sudden appearance of a sharply defined bearish double top put the kibosh on the rally, and down went the RUT in a steep nosedive last Monday. By Thursday the large sectors of the market had followed suit, with the DOW dropping 180 points shortly after the opening bell. But by the close of trade the market had shown its resilience once again, with the DOW recovered down only 70 points. Also note that while the RUT index took a steep nosedive along with the RSI strength indicator and the MACD momentum bars, its Moving Average lines configuration remained sharply bullish (green line below the red line) and that's the key. It means that the small-caps have a chance to sink down far enough to find good traction from which to lead the market back to higher highs.

    (click to enlarge)

    So what happened? Well, with the DOW reaching above its 1700 level for the first time and other major indexes setting new records on an almost daily basis, investors started to look for a reason to take profits and stay in cash for awhile. Well, they got it when rumors had it that the Portuguese banking system went into a meltdown mode and that contagion would soon engulf all of Europe.

    That brought back visions of Wall-Street 2008 and early 2009 and the rout was on.

    Add to this the geopolitical tensions out there and the Fed's tapering of its easy-money spigot, and it is no wonder that market participants are getting a bit jumpy. On top of that, the U.S. corporate earnings season will start in earnest this week. Here it is believed that the market ran way ahead of what these earning can deliver, all of which has the potential for interesting times in the market.

    Last week's selloff squall is a reminder that market volatility is far from comatose and can flare up in a flash.

    Check this [ACIM] index which tracks the performance of developed and emerging markets and is sending a wakeup call to global investors that complacency at this stage of the game is certainly misplaced.

    (click to enlarge)

    Check this Troika and note that while volatility shows signs to heighten again, it is far from calling for a sellers' market. Volatility will afford investors the opportunity to enter the market or take profits at opportune times.

    Check the two bull-components of this Troika [SPX] and [SPXL] and note that both indexes are well supported by their respective MA lines configurations [green lines below the red.] Sure, these indexes appear to be pulling back from the top, and that would be a good thing. The respective RSI strength indicators are still in nosebleed territories despite last week's selloffs and will have to come down along with the indexes before a sustainable rally can kick into gear. Also note that since last June and for the first time this year the MACD momentum bars managed to rise into their respective bullish territories, and that bodes well for this bull-market.

    Now check the bear-component of this Troika [SPXS] and note that there is no change with this bear being mired at the bottom of a deep hole on the bottom of a deep pit. It will stay down there unable to do any damage to the bulls in this game, for as long as its MA lines configuration stays negative for the bears [green line above the red.]

    (click to enlarge)

    (click to enlarge)

    (click to enlarge)

    The NASDAQ 100 index [NDX] hardly twitched during last week's selloff squall, and that is too bad. It sure would be a blessing for the bulls if this index dropped to around the 3800 level where it could find some solid traction to the upside again. The NDX will also have to deflate the RSI bubble some more and get down from the nosebleed territory up there.

    While still well supported by an extraordinary strong MA lines configuration [green line below the red] the MACD momentum bars remain at dead neutral, which means that NASDAQ has lost any momentum to either side. This is also an indication that new money is scared to get into the market, while old money is scared to get out.

    As mentioned, these are going to be some interesting times ahead for the market.

    (click to enlarge)

    This market-forecasting junk-bond canary [JNK] is making every bear in the market smile. It appears to have given up the ghost, and if that holds true, watch out down below!

    After blowing a bubble on top of the RSI range the JNK totally collapsed and nosedived right into negative territory. This index has fallen out of bed along with the MACD momentum bars which also are down in bearish territory, ready to take the market down as well.

    The only saving grace for the market as far as this JNK index is concerned is its MA lines configuration which remains remarkably bullish [green line below the red.] We'll see.

    (click to enlarge)

    This chart with the commodity index [DBC] looks like a disaster area for the bulls. The RSI strength indicator has hit bottom in its bearish territory and the MACD momentum bars are trying hard to do the same. But again, the saving grace for the commodity market could be it MA lines configuration [green line below the red] which is still strongly bullish.

    (click to enlarge)

    [GOLD] is trying its best to morph into a bull. Problem is that it rallied too far too fast and that put its RSI strength indicator into overbought, nosebleed territory and ditto for the index. Meanwhile, the MACD upside momentum which had been exceedingly strong during this rally has shrunk to practically nothing, which leaves gold with nothing more but the fumes of an empty gas tank to rally on.

    But gold is still sporting a bullish MA lines configuration [green line below the red,] and that could be enough to get the yellow metal to rally further, after it has come down to find some renewed traction.

    (click to enlarge)

    Crude oil [WTIC] displays the same lousy chart pattern as gold, and also shows the same bullish MA lines configuration with the green line below the red. This week should show if that's enough to spark rallies not only in commodities, but equities as well.

    (click to enlarge)

    Put it all together and it becomes clear that for now it is still best to observe the market's action from the sidelines and wait for the right time to reenter the game. That time will be at hand when investors' risk appetite returns and the Russell 2000 small caps will be among the market's leadership again.

    During the recent selloff it were these small and mid-cap sectors that were hammered the most, and that is a good thing because it cleared overhead space in the market for these sectors to rally back into, and lead the market to higher highs.

    Meanwhile, keep track of these favoured ETFs and have them ready for when the time is right.

    Leveraged Bull ETFs:

    DOW 30, 2x (NYSEARCA:DDM), S&P 500, 3x (NYSEARCA:SPXL), Mid-Caps 2x (NYSEARCA:MVV), Real Estate 3x (NYSEARCA:DRN), Mid-Caps 3x (NYSEARCA:MIDU), Industrials 2x (NYSEARCA:UXI), Financials 3x (NYSEARCA:FAS), Small-Caps 3x (NYSEARCA:TNA), DOW 3O, 3x (NYSEARCA:UDOW), Russell 2000, 2x (NYSEARCA:UWM), Russell 2000, 3x (NYSEARCA:URTY), NASDAQ 100, 2x (NYSEARCA:QLD), NASDAQ 100, 3x (NASDAQ:TQQQ), Biotech 2x (NASDAQ:BIB), Jr. Gold Miners 3x (NYSEARCA:JNUG).

    Non-Leveraged Long ETFs:

    Discretionary (NYSEARCA:VCR), Mid-Caps (NYSEARCA:IWP), Regional Banking (NYSEARCA:KRE), Industrials (NYSEARCA:IYJ), EAFE (NYSEARCA:EFA)

    Mega-Caps (NYSEARCA:MGK), Info-Tech (NYSEARCA:VGT), Materials (NYSEARCA:XLB) VIX-Bull (NYSEARCA:SVXY).

    Leveraged Bear ETFs:

    Nat-Gas 3x (NYSEARCA:DGAZ), DOW 30, 2x (NYSEARCA:DXD), Financials 3x (NYSEARCA:FAZ), NASDAQ 100, 2x (NYSEARCA:QID), DOW 30, 3x (NYSEARCA:SDOW), S&P 500, 2x (NYSEARCA:SDS), S&P 500, 3x (SPX), Energy 2x (NYSEARCA:DUG), NASDAQ 100, 3x (NASDAQ:SQQQ), RUSSELL 2000, 3x (NYSEARCA:SRTY).

    Non-Lev Short ETFs:

    Gold (NYSEARCA:DGZ), Small-Caps (NYSEARCA:SBB), DOW 30 (NYSEARCA:DOG), Financials (NYSEARCA:SEF), Russell 2000 (NYSEARCA:RWM), Oil-Fund (NYSEARCA:DNO), Equity-Bear (NYSEARCA:HDGE), S&P 500 (NYSEARCA:SH), Mid-Caps (NYSEARCA:MYY).

    GOOD LUCK!

    Jul 14 9:30 AM | Link | Comment!
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