Is QID a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

696 people get QID articles and Market Currents by email alert.

Get email alerts on QID »

HEADLINES:

Pro Traders Never Mention These Secrets
Quoth the Raven • Sun, May 12 • 29 Comments
The Rise And Fall Of Apple And The Tech Sector
Wall Street Sector Selector • Sun, Apr 28 • 5 Comments
3 Moves To Make On The Verge Of Market Panic
Quoth the Raven • Tue, Apr 16 • 127 Comments
You Missed The Stock Market Run-Up...Here's How To Make Money On The Coming Decline
CorvetteKid • Mon, Apr 15 • 22 Comments
A 2013 Diversified Bullish Portfolio In 10 Positions
Quoth the Raven • Thu, Feb 28 • 59 Comments
Bullish Reaction, Bearish Response From Markets After QE 6.5% Announcement
Danny Furman • Thu, Dec 13, 2012 • 5 Comments
Margin Pressures Likely To Hurt Apple Over Time
Stock Traders Daily • Wed, Dec 5, 2012 • 42 Comments
Nasdaq Losing 2012 Lead Fast
Bespoke Investment Group • Mon, Oct 22, 2012 • 2 Comments
Wall Street Sector Selector Weekly Tech Report: Red Flags
Wall Street Sector Selector • Sun, Oct 21, 2012 • 7 Comments
Levitating Markets And Red Flags Over ETFs?
George Simone • Mon, Aug 27, 2012 • 3 Comments
Swing Trading Works Over Time
Stock Traders Daily • Wed, Aug 15, 2012 • 4 Comments
Markets Hit Resistance, Look To These ETFs
Epsilon • Tue, Jul 31, 2012 • 5 Comments
Sell Stocks On Wednesday Afternoons
Markos Kaminis • Wed, Jul 25, 2012 • 2 Comments
S&P Breaks Support: 83 Inverse Equity ETFs To Use As A Hedge
Epsilon • Wed, Jun 6, 2012 • 4 Comments
Go Away Or Stay In May? That's The Question
George Simone • Tue, Apr 24, 2012
Apple: Sell Or Hedge?
Alberto Quintana • Fri, Mar 23, 2012 • 8 Comments
Semiconductor Inventory: Correction Or Something More?
John Helzer • Tue, Mar 13, 2012 • 2 Comments
8 ETFs Poised To Rise In A Pullback Scenario
Stookle • Mon, Feb 13, 2012
How To Profit From A Stock Market Crash, Part II: Inverse Equity ETFs
Epsilon • Sun, Feb 12, 2012 • 6 Comments
Plunging Economic Indicators From ECRI, WSTS, and AAR.
John Helzer • Fri, Jan 13, 2012 • 4 Comments

To learn more about Seeking Alpha Pro, click here.

Fiddling (With ProShares) While America Burns
IndexUniverse • Thu, May 6, 2010 • 1 Comment
UltraShort ETFs: At a Tipping Point?
Trade Radar Operator • Sat, Nov 15, 2008 • 41 Comments
Watch the Double-Inverse ETF for Sentiment
Bill Luby • Fri, Jun 20, 2008 • 6 Comments
February Sales Drop - Not Unexpected.
Tyler Mayoras • Fri, Mar 14, 2008
Creating a Hedge with ProShares Ultrashort QID
Tyler Mayoras • Fri, Feb 29, 2008 • 10 Comments
New ETFs Use Same Tools as 'Portable Alpha'
Christopher Holt • Mon, Feb 5, 2007

Pro Traders Never Mention These Secrets
Quoth the Raven • Sun, May 12 • 29 Comments
The Rise And Fall Of Apple And The Tech Sector
Wall Street Sector Selector • Sun, Apr 28 • 5 Comments
3 Moves To Make On The Verge Of Market Panic
Quoth the Raven • Tue, Apr 16 • 127 Comments
You Missed The Stock Market Run-Up...Here's How To Make Money On The Coming Decline
CorvetteKid • Mon, Apr 15 • 22 Comments
A 2013 Diversified Bullish Portfolio In 10 Positions
Quoth the Raven • Thu, Feb 28 • 59 Comments
Bullish Reaction, Bearish Response From Markets After QE 6.5% Announcement
Danny Furman • Thu, Dec 13, 2012 • 5 Comments
Margin Pressures Likely To Hurt Apple Over Time
Stock Traders Daily • Wed, Dec 5, 2012 • 42 Comments
Nasdaq Losing 2012 Lead Fast
Bespoke Investment Group • Mon, Oct 22, 2012 • 2 Comments
Wall Street Sector Selector Weekly Tech Report: Red Flags
Wall Street Sector Selector • Sun, Oct 21, 2012 • 7 Comments
Levitating Markets And Red Flags Over ETFs?
George Simone • Mon, Aug 27, 2012 • 3 Comments
Swing Trading Works Over Time
Stock Traders Daily • Wed, Aug 15, 2012 • 4 Comments
Markets Hit Resistance, Look To These ETFs
Epsilon • Tue, Jul 31, 2012 • 5 Comments
Sell Stocks On Wednesday Afternoons
Markos Kaminis • Wed, Jul 25, 2012 • 2 Comments
S&P Breaks Support: 83 Inverse Equity ETFs To Use As A Hedge
Epsilon • Wed, Jun 6, 2012 • 4 Comments
Go Away Or Stay In May? That's The Question
George Simone • Tue, Apr 24, 2012
Apple: Sell Or Hedge?
Alberto Quintana • Fri, Mar 23, 2012 • 8 Comments
Semiconductor Inventory: Correction Or Something More?
John Helzer • Tue, Mar 13, 2012 • 2 Comments
8 ETFs Poised To Rise In A Pullback Scenario
Stookle • Mon, Feb 13, 2012
How To Profit From A Stock Market Crash, Part II: Inverse Equity ETFs
Epsilon • Sun, Feb 12, 2012 • 6 Comments
Plunging Economic Indicators From ECRI, WSTS, and AAR.
John Helzer • Fri, Jan 13, 2012 • 4 Comments

There are no Transcripts on QID.

Peter Brimelow: Decade’s top performer dubious

at MarketWatch.com (Jun 11, 2012)
A rule-based approach for June

at MarketWatch.com (Jun 4, 2012)
Go Blue!

at CNBC.com (Oct 7, 2011)
Corporate earnings are going to get hit

at MarketWatch.com (Sep 6, 2011)
What's better than being short today? Being double-short

at MarketWatch.com (Aug 18, 2011)
How to use paired trades to profit in July

at MarketWatch.com (Jul 5, 2011)
Answering Your Stock Market Questions With Twitter

at CNBC.com (Jun 7, 2011)
How to trade while keeping risk in check

at MarketWatch.com (May 2, 2011)
The Guru's Corner: Is this the final stage of the bull market?

at MarketWatch.com (Apr 18, 2011)
Sell anything vulnerable to a downturn

at MarketWatch.com (Apr 4, 2011)
The year’s best trade

at MarketWatch.com (Mar 1, 2011)
Take advantage of December’s volatility

at MarketWatch.com (Dec 1, 2010)
Short-term profits lead to long-term gains

at MarketWatch.com (Jul 1, 2010)
Lawmakers regulate firms, place bets: WSJ

at MarketWatch.com (Jun 17, 2010)
Newsletters & Research: Conspiracy flops and waterfall drops

at MarketWatch.com (Jun 2, 2010)
Don't get frantic, buy short-based ETFs

at MarketWatch.com (Jun 1, 2010)
Peter Brimelow: Nate's Notes fears 'waterfall drops'

at MarketWatch.com (May 31, 2010)

QID vs. ETF Alternatives

QID Description

ProShares UltraShort QQQ seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index® .
See more details on sponsor's website

Country: United States

Key Info

In Your Portfolio: Technology ETFs, A Guide to U.S. Total Market and Broad ETFs
Asset Class Performance: Market Cap

All
| Earnings
| Dividends
| M&A
| On the move

Sunday, May 19, 9:52 AM There is no precedent for the current market, writes The Fat Pitch. Consider: 1) The S&P (SPY) has been up 56 of 88 trading sessions this year 2) It's up an uncorrected 24% since the post-election low - the longest streak in over 3 decades 3) The Nasdaq (QQQ) is on pace for a 7th straight up month, an occurrence with a 3-in-100 probability. Long term it's bullish, writes Ukarlewitz, as this sort of strength is rarely the end of a trend. Short term? Stay nimble. 49 Comments
Thursday, May 16, 7:38 AM Cisco (CSCO) is now up 9.4% premarket following last night's earnings and guidance. Lazard's Ryan Hitchinson notes guidance was light, but likely beat a lot of the whispers out there. He also believes management is remaining conservative amid improving demand trends. A bellwether no more, Cisco's moonshot is having little effect on the QQQs, which are barely green at the moment. 6 Comments [Tech, On the Move]
Tuesday, May 14, 8:03 AM More from Tepper: "We're going to get this hyper-drive market," unless the Fed starts tapering its purchases, he says (referencing 1999), adding the June meeting wouldn't be a bad time to get started. He pulls out this chart from a recent FRBNY report, showing stocks remain cheap - the equity premium to bonds is as high as it's been in the last 50 years. 16 Comments
Tuesday, May 14, 7:52 AM Tepper stays bullish. Confounding gnomes who whispered the hedge fund honcho was turning cautious on stocks, David Tepper tells the CNBC crew the wave of liquidity that turned him bullish in the first place is getting even bigger. Fed tapering? So what, he says. The U.S. budget deficit over the next 6 months will only be $100B, while the Fed is scheduled to buy about $500B. That's $400B coming out of the bond market and going to investors who can buy more fixed-income, more real estate, more stocks. SPY erases losses and gets back to flat premarket. 11 Comments [Breaking News]
Wednesday, April 24, 10:10 AM Turning 10 this week, the Guggenheim S&P 500 Equal Weight ETF (RSP) has outperformed the SPY by 5,900 basis points since its launch. The RSP was one of the pioneers of equal-weighting - created in the aftermath of the 2000 bust to give investors exposure to stocks without so high a focus on large caps (the so-called "Cisco effect"). It's time for a renaming to the "Apple effect" as QQQE - the Nasdaq 100 Equal Weighted ETF - has outperformed the QQQ by 850 bps YTD. 3 Comments
Friday, April 19, 9:52 AM Most stocks are higher in early trade, but big moves in big names are dragging key indexes. IBM -6.4%, GE -3.9%, McDonald's -2.2% are hurting the Dow (DIA -0.3%) following earnings. H-P -5.5% as Blackstone looked under the hood of the PC business and said "no thank you." Down 1.3%, Apple is capping the Nasdaq 100 (QQQ +0.4%). Comment!
Thursday, April 18, 1:08 PM Stocks have bounced off their worst levels, but remain lower in afternoon trade. Tech (QQQ -1%) shows particular weakness, with Apple dug in below $400 and Google off 1.8%. Verizon, however, is an area of tech sector strength, +3.7% following earnings. S&P 500 down just 0.3%. 1 Comment
Friday, April 12, 8:45 AM The 10-year Treasury yield falls 5 basis points on the session to 1.74% following the weak retail sales print. TLT +1.1% premarket, with the last month's big rally in bond prices bringing it back to flat YTD. S&P 500 (SPY) futures dip to a session-low, -0.5%. The QQQs off 0.5% premarket. 1 Comment [U.S. Economy]
Thursday, April 11, 7:03 PM The pace at which new technologies are disrupting companies makes it dangerous to be a value investor, argues VC Ashvin Bachireddy. As mobile devices, cloud software, e-commerce, and much else upends old business models, investing in a BlackBerry or an OfficeMax/Office Depot due to a low P/E can prove painful. "While there may still be opportunities for value investing, you need to be cautious of businesses that appear to be on a slow decline." His remarks seem prescient in light of what happened today to several PC-related names with low multiples. 14 Comments [Tech, Consumer, Quick Ideas]
Thursday, April 4, 7:06 AM Stock index futures (SPY +0.4%, QQQ +0.4%) post gains after the BOJ outdoes the Fed with the breadth of its stimulative efforts. The Nikkei's 3.2% gain looks even more impressive when considering the index was off 2.3% before the central bank announcement. DXJ +4% premarket. Comment!
Tuesday, March 26, 10:50 PM Sentiment indicators tend to work best at bottoms, writes The Fat Pitch, but it doesn't mean we shouldn't pay attention to what's become a bit of froth in the bull camp. Low cash levels, rising margin debt, prominent bears capitulating, and the return of the Dow 36K crew have been well-documented. One you might not have heard of is the Canadian equivalent of Time screaming "BUY!" on its cover. 3 Comments
Thursday, March 21, 10:48 AM Jefferies' David Zervos has been as apocalyptic as they come (I, II) with regards to Cyprus, and his latest note says the country's eurozone exit (now openly talked about at the EU's highest levels) could be a Lehman-style systemic event. He sees about a 20% chance of such next week. "The risk/reward for chips on the table stinks; that's why I'm on the sidelines." 1 Comment [Global & FX]
Wednesday, March 13, 10:24 AM The percentage of bears in the Investors Intelligence poll declines to 18.8%. It's the first time below 20 since May 2011, and dips below 20 marked market tops in 2010 and 2011, notes a usually bullish Ryan Detrick. "Be aware." 7 Comments
Tuesday, March 12, 3:13 PM Soaring margin debt (and plunging cash balances) trigger a sell signal at BAML, which says the last time this big a move happend was April 2010 - just ahead of a 2-month, 16% decline in SPY. Alongside this is short-term sentiment which has risen to levels consistent with selloffs in the past. 25 Comments
Tuesday, March 12, 10:35 AM Is March 2013 90s month on the Street? Joining the Dow 36K guys in reemerging is Jeremy Siegel, calling for Dow 16K-17K this year and 18K in 2014. It's the old "cash on the sidelines" argument - it never goes out of style. "Take a mental note - at a point where investors can't possibly imagine how stock prices could decline," wrote John Hussman last week. 4 Comments
Thursday, March 7, 3:33 PM "Take a mental note - at a point where investors can't possibly imagine how stock prices could decline. This is what euphoria looks like," tweets John Hussman as the Dow 36,000 authors reemerge, Richard Bernstein says 2013 looks like 1982, and Richard Russell can't believe the bullish patterns he's seeing. 11 Comments

Quoth the Raven
Goldman Sachs is full of it on gold. http://seekingalpha.com/a/thir $SLV $GS $GLD $SPY $SSO $QID $QLD $QQQ
Apr 27, 9:46 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

iadops40
eyeing tomorrow morning pre-market ultrashort positions SKF QID
6/4/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Chinese_Plastic
Bought QID as a hedge for my tech holdings.
5/18/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Peter Cooper
FAZ, QID - leveraged bear ETFs
12/15/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

The_American
SKF QID FAZ EDC trend upward for mid month. GDX NUGT GDXJ may be good buys on pullbacks UGL go out to Jan calls
11/15/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

The_American
Valuations are coming down across the board from slow growth or Chinas fake number GLD, IAU would Be the trade. SDS, SPXU and QID. DUK
10/3/11
Reply (13)

• !Report Abuse
View all 13 replies
The_American: When the news media is out and the markets are down and when nobody is feeling bullish-do the opposite on what they say on CNBC. You BUY
10/22/11
• !Report Abuse
The_American: Check this post date and where these stocks were. SPY just had one of the biggest monthly gains up 9%. EDC IVV BCS. Now telecom FTR CTL T S
10/22/11
• !Report Abuse
Add a reply...

140 characters

The Last Boomer
CDS in Europe sharply up. Yields down. I am so happy I did not sell my TWM and QID Friday and stayed short over the long weekend.
9/5/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Nigam Arora
SPLV: The Best Equity ETF For These Volatile Times http://seekingalpha.com/a/68a0 (SPY) (QQQ) (SSO) (SSD) (QLD) (QID) (VNO)
9/3/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

The Last Boomer
Yesterday's purchase of TWM and QID worked very well today even though I had some tough moments when SLM came stronger than expected
9/1/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

The Last Boomer
Bought some TWM and QID again. It seems the market hit resistance and could not overcome it.
8/31/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

The_American
Valuations are coming down across the board from slow growth or Chinas fake number GLD, IAU would Be the trade. SDS, SPXU and QID. DUK
10/3/11
Reply (13)

• !Report Abuse
View all 13 replies
The_American: When the news media is out and the markets are down and when nobody is feeling bullish-do the opposite on what they say on CNBC. You BUY
10/22/11
• !Report Abuse
The_American: Check this post date and where these stocks were. SPY just had one of the biggest monthly gains up 9%. EDC IVV BCS. Now telecom FTR CTL T S
10/22/11
• !Report Abuse
Add a reply...

140 characters

QID ProShares UltraShort QQQ ETF

QID

ProShares UltraShort QQQ ETF