Other than market coverage via 3x inverse ETFs like SRTY, SQQQ, SPXU, SKF or FAZ (2x and 3x leveraged Financial Short ETFs respectively), continue to be one of my favorite positions here.
This looks like a big rounding top with a potential head fake move put in yesterday as by now the distribution through yesterday is quite obvious.
Outside of the market exposure short ETF's FAZ remains one of my favorite positions.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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