Jobs Alert Shop: 3 Top Ways to Trade the Post-Election Pullback

الأربعاء، 20 نوفمبر 2024

3 Top Ways to Trade the Post-Election Pullback

You are receiving this email because you are subscribed to Daily Guru Trades. If you no longer wish to receive these emails, please unsubscribe here.

Dear Fellow Investor,

The latest pullback in the major indices isn’t a big surprise.

After an explosive election-fueled run, the Dow Jones, for example, became technically overbought on RSI, MACD and Williams’ %R. When these three get as overbought as they became, it’s only a matter of time before they pivot lower with the index.

In fact, if you pull up a three-year chart of the Dow, you can see that every time those indicators became severely overbought, the Dow pivoted lower.

One way to trade the current – and future pullbacks in indices is with inverse exchange-traded funds (ETFs), which will run higher as the underlying asset drops.

With the Dow, we can use the ProShares UltraPro Short Dow 30 ETF (SDOW).

We will typically use the SDOW ETF when we see the Dow Jones becoming overbought. Then, when the Dow does start to drop, the SDOW ETF will push higher. It’s not a long-term trade idea. It’s more of a “until the Dow bottoms out” trade. With an expense ratio of 0.95%, the ETF seeks daily investment results that correspond to -3x the daily performance of the Dow 30.

With the NASDAQ, we can use the ProShares UltraPro Short QQQ (SQQQ).

Much like the SDOW ETF, we’ll use this one when the NASDAQ gets overbought. With an expense ratio of 0.98%, the ETF seeks daily investment results that correspond to -3x the daily performance of the NASDAQ.

With the S&P 500, we can use the Direxion Daily SPX Bear 1x Shares ETF (SPDN).

With an expense ratio of 0.63%, the SPDN ETF seeks daily investment results of 100% of the inverse (or opposite) of the performance of the S&P 500 Index.

Did you miss yesterday's Chart of the Day? Click here to see it now.

DC2 Publishing LLC
4260 NW 1st Avenue Suite # 55
Boca Raton, FL 33431 – 4264

Daily Guru Trades

If you have any questions, please contact us at support@dailygurutrades.com.
Daily Guru Trades is a newsletter offered to the public on a subscription basis.

While subscribers receive the benefit of Daily Guru Trades opinions, none of the information contained therein constitutes a recommendation from Daily Guru Trades that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You further understand that we will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. To the extent any of the information contained in Daily Guru Trades may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. Daily Guru Trades’ past results are not necessarily indicative of future performance. Employees of Daily Guru Trades are subject to certain restrictions in transacting for their own benefit. SPECIFICALLY, EMPLOYEES ARE NOT PERMITTED TO BUY OR SELL ANY SECURITY RECOMMENDED FOR THREE (3) TRADING DAYS FOLLOWING THE ISSUE OF A REPORT OR UPDATE. Daily Guru Trades’ Newsletter contains Daily Guru Trades’ own opinions, and none of the information contained therein constitutes a recommendation by Daily Guru Trades that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. Daily Guru Trades’ past results are not necessarily indicative of future performance. DO NOT EMAIL Daily Guru Trades SEEKING PERSONALIZED INVESTMENT ADVICE, WHICH WE CANNOT PROVIDE. The Editor's personal investing goals and risk tolerance may be substantially different from those discussed in the Newsletter and/or circumstances may have changed by the expiration of the three day restricted period, the investment actions taken by the Editor in the accounts the Editor directly or indirectly owns may vary from (and may even be contrary to) the advice and recommendations in the Newsletter.Investing involves substantial risk. Neither the Editor, the publisher, nor any of their respective affiliates make any guarantee or other promise as to any results that may be obtained from using the Newsletter. While past performance may be analyzed in the Newsletter, past performance should not be considered indicative of future performance. No subscriber should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing the prospectus and other public filings of the issuer. To the maximum extent permitted by law, the Editor, the publisher and their respective affiliates disclaim any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations in the Newsletter prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses. The Newsletter's commentary, analysis, opinions, advice and recommendations represent the personal and subjective views of the Editor and are subject to change at any time without notice.The information provided in the Newsletter is obtained from sources which the Editor believes to be reliable. However, the Editor has not independently verified or otherwise investigated all such information. Neither the Editor, the publisher, nor any of their respective affiliates guarantees the accuracy or completeness of any such information. The Newsletter is not a solicitation or offer to buy or sell any securities. Further, the Newsletter is in no way intended to be a solicitation for any services offered by Daily Guru Trades Neither the Editor, the publisher, nor any of their respective affiliates are responsible for any errors or omissions in the Newsletter.

You are receiving this email because you are subscribed to Daily Guru Trades. If you no longer wish to receive these partner emails, please unsubscribe here.

Jobs Alert Shop

الأربعاء، 20 نوفمبر 2024

3 Top Ways to Trade the Post-Election Pullback

ليست هناك تعليقات:

إرسال تعليق

Top 4 Stocks About to Reach Their 52-Week High

بحث هذه المدونة الإلكترونية