Shorting The Market? Here is How I Recommend It

Tags: SDS, Markets, shorting, QID, QQQQ, Nasdaq
5 Mar 9:49pm
I try to avoid shorting the market, but if you feel compelled to do so, I recommend QID and SDS. QID is an ETF that shorts the Nasdaq. It is the anti-QQQQ's with a kick in that it magnifies the movement in QQQQ by a factor of 2. So for example, a 1% down move in QQQQ implies a 2% gain in QID. Similarly SDS is QID's counterpart for the S&P 500. If you think the stock market is heading lower, and I don't argue that, I recommend you play these for the short term.

-- Faisal Laljee
Full Disclosure: I do not own any shares of QQQQ, QID or SDS but my position might change anytime without notice.

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flaljee

StocksandBlogs.com provides stock tips, equity research and markets commentary. This blog gives you money making investment ideas that can be applied to your financial portfolio, whether you are a long-term investor or looking for a quick trade. From Wall Street to Walmart, Investing to Intel and Commodities to Coffee, you will find it all here. My name is Faisal Laljee and you can email me anytime. To check how my stock picks have panned out, check out my performance using Performance Tracker. Disclaimer: The stock picks and trades listed on this blog are for educational purpose only. You should do your own research before making a trade. This blog, its affiliates, partners or authors are not responsible or liable for any losses you might sustain from the opinions stated.