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MDM - Model switches to sell on November 10, 2011

The model has switched to a sell signal. Lackluster rallying on the part of leading stocks and major indices greatly increase the odds that the market will head lower. While quantitative easing is an important factor to lifting markets, many leading stocks are acting poorly such as AAPL and BIDU and former leaders have imploded such as GMCR and NFLX. Markets tend to drop faster than they rise, so the model sees an opportunity here to buy inverse ETFs.

 

Suggested inverse ETFs:

1-times inverse

RWM - Russell 2000 small cap 1x bear. It should approximate 1x the inverse of the Russell 2000.

PSQ - NASDAQ-100 1x bear. It tracks 1x the inverse of the NASDAQ-100.

XLF - Financial Select Sector Index 1x bear. Since banks are getting squeezed due to "Operation Twist", and banks in Europe are even worse off, this ETF has been one of the weakest to date.

2-times inverse

TWM - Russell 2000 small cap 2x bear.

QID - NASDAQ-100 2x bear.

SKF - Financial Select Sector Index 2x bear. Since banks are getting squeezed due to "Operation Twist", and banks in Europe are even worse off, this ETF has been one of the weakest to date.

3-times inverse

TZA - Russell 2000 small cap 3x bear.

SQQQ - NASDAQ-100 3x bear.

FAZ - Financial Select Sector Index 3x bear. Since banks are getting squeezed due to "Operation Twist", and banks in Europe are even worse off, this ETF has been one of the weakest to date.

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. ©2018 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
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