Kinnick

Ultrashort Emerging Markets Should Come with a Warning Label

Bought it today for the 4th time, will sell it again high. This thing spikes like crazy at the least dip in the emerging markets, so you have to pay attention and take profits at a comfortable level. This is a trade, not an investment, but you can clear 40-60% in 2-3 days. Seems to bounce around between 100-180. Buy low, sell high.

If you think today was the absolute end of the volatility and we're smooth sailing from here on out, then avoid it. If you think the last two days were a bear market rally and there may be a selloff or more pain to come, this is a great play.