Frequently Asked Questions
Dr K Market Direction Model
What do you mean by inverse ETF?
When the model issues a buy or sell signal, all ETFs we recommend are meant to be bought. So a normal ETF that is bought, such as QQQ, mirrors the movement of the NASDAQ-100 index. An inverse ETF that is bought, such as PSQ, mirrors the opposite movement of the NASDAQ-100 index. So if the NASDAQ-100 falls by 1%, PSQ should rise roughly 1%.
Published: May 6 2011