ProShares UltraShort S&P 500 (
This exchange-traded fund (
) seeks daily investment results, before fees and expenses, that
correspond to twice the inverse of the daily performance of the
S&P 500 Index (
We've mentioned this fund several times with little success
because the market continued higher. However, now could be the time
to jump on this volatile double-inverse fund.
If the S&P 500 falls under 1,175, and then 1,150, SDS could
make a quick run to $36-$38.
This leveraged ETF carries more risk than an ordinary ETF, so
investors should use stop-loss orders. And the SEC has determined
that "ultra" funds are not good long-term investments, and that
they are most appropriate for short-term trades.
Top 5 Stocks for the Recovery
With rising earnings, a strong balance sheet and a powerful new
product line (all despite the recession!) these five stocks are set
to outperform the market in the short-term.
Get their names here.