Stocks to Buy Today - Stock Message Board, Discussion Forum, Blog
Another way to play the current volatility in this market is with these 3x leveraged ETF's. You must have a good plan and you must be careful holding these for long periods of time as they are very volatile and will gap up and down as the market does.
These have been moving around 10% on average from high to low on any given day recently so you could even play in both directions
If you would have played TNA last Tue/Wed you would have been up over 20% and then turning around and playing TZA Thu/Fri would have gotten you another 20%+
Direxion Daily Small Cap Bull 3X Shares (TNA)
Direxion Daily Small Cap Bear 3X Shares (TZA)
These Small Cap 3X ETF's seeks daily investment results, before fees and expenses, of 300% of the price performance of the Russell 2000® Index ("Small Cap Index"). There is no guarantee the fund will meet its stated investment objective.
| Financial Services | 21.33% |
| Technology | 16.17% |
| Consumer Discretionary | 14.77% |
| Producer Durables | 14.09% |
| Health Care | 12.58% |
| Materials & Processing | 7.17% |
| Energy | 6.67% |
| Utilities | 4.29% |
| Consumer Staples | 2.92% |
Permalink Reply by roger podacter on December 6, 2011 at 12:19pm
Permalink Reply by Vic on December 8, 2011 at 10:20am whats it looking like now ? tza for awhile or still tna ?
Permalink Reply by Stocks To Buy on December 8, 2011 at 11:52am I think you can buy TNA here with a very tight stop, if we close below 1240 on S&P I wouldn't hold it. Look to start buying down at 1200 and below
Permalink Reply by Vinay S on December 8, 2011 at 1:16pm S&P below 1240. Good to wait till tomorrow before buying TZA/TNA....?
Permalink Reply by Stocks To Buy on December 8, 2011 at 2:39pm Yea I think it is good to wait until tomorrow. The market trend is now shifting down again though.
Permalink Reply by Vinay S on December 8, 2011 at 3:51pm Thanks Tim. If possible, let us know when you think would be a good entry point. just wanted to know your opinion.
Permalink Reply by Stocks To Buy on December 9, 2011 at 6:57am I bought some TNA near the close....wish I would have bought in post market because it was trading below $41.80 at one point. Anyway, I am unloading it in pre market this morning. I would say the market has a downward bias but they might try to take the S&P 500 back up to 1265 before the end of the year. Anything above 1265 you short the market, buy TZA, or short TNA
Permalink Reply by Stocks To Buy on December 12, 2011 at 10:29am It may not be to late - buy i'm looking to get back into TNA as these levels - http://www.stockstobuy.org/forum/topics/tna-tza-buy-or-sell-decembe...
- Subscribe Via RSS Feed or - Subscribe to Stocks To Buy by Email
What Stocks to Buy? Oil prices continue to rise and oil stocks are a good buy for the long term. For oil stock ideas, check out the latest hot shale plays in the US.
Utica Shale
Bakken Shale
Eagle Ford Shale
© 2012 Created by Stocks To Buy.