Stocks to Buy Today - Stock Message Board, Discussion Forum, Blog
Small Cap 3X ETF's (TNA/TZA)
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.
The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000® Index, representing approximately 10% of the total market capitalization of that index. It includes approximately 2000 of the smallest securities based on a combination of their market cap and current index membership. The companies included in the index have an average market capitalization of more than $791 million dollars and a median market capitalization of $559 million dollars as of March 31, 2011. One cannot invest directly in an Index.
Index Sector Weightings
| 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% |
Views: 23638
Replies to This Discussion
-
Permalink Reply by roger podacter on -
While I think a drop is coming, I can't help think that a bunch of investors are bullish these last few weeks in anticipation of a Xmas rally. So nobody wants to get totally out right now. Hence these mixed flat days like today. Plus this Friday the euro news has people hopeful for a big up day or so on some type of positive news from it. I'm long tna right now. But who knows I always miss the mark heh.
-
Permalink Reply by Stocks To Buy on -
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 Stocks To Buy on
-
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
-
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
-
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
-
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...
- ‹ Previous
- 1
- …
- 40
- 41
- 42
- Next ›
© 2012 Created by Stocks To Buy.
