If you have followed me today, you saw this morning I bought, YZC, UYM, RSX, SSO, and TNA. I also went long with Rydex double funds and got filled at 10:45 at a entry price. Over there I went long the SPX, RUT, and NDX.
All trades bought today closed with nice healthy gains.
I sold my [...]

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I sold my index shorts this morning taking the loss and walking away. This morning’s upmove just shows there is probably a larger down move brewing in the not too distant future (October). I may have gotten out early and we could close flat, but we’ll see. The position I had on was roughly a [...]

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I mentioned yesterday that I went short with a “medium” position. This morning I’ve added to the index funds in the RUT only. I also bought TWM and EFU (2x inverse MSCI etf). The EFU is a play on the strengthening dollar. If the US dollar strengthens, the emerging markets will go down. The weak [...]

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These are often called inverse etfs or funds. They are a way to long an etf that performs opposite or inverse the performance of particular etf.
Single Beta Inverse ETFs
EUM - This is a single beta short ETF of the MSCI Emerging Markets index. If EEB closes up 1%, EUM will be down 1%.
EFZ - This [...]

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