Our market direction model switched to a sell signal today after a number of distribution days had occurred in a short period of time within the NASDAQ Composite.
We suggest buying any of the following inverse ETFs:
RWM- Russell 2000 1x bear. It should approximate 1x the inverse of the Russell 2000.
PSQ - NASDAQ 1x bear. It should approximate 1x the inverse of the NASDAQ Composite.
TZA - Small cap 3x bear. This should provide one of the greatest gains should the market begin a downtrend as small caps tend to be the most volatile of the major indices.
TYP - Technology 3x bear. This will behave similarly to the SQQQ.
SQQQ - NASDAQ 3x bear. It should approximate 3x the inverse of the NASDAQ Composite.
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.