High Beta Bear | HIBS | Long at $22.00 (September Only)Historically, September is one of the worst performing months in the stock market. A hedge against my bets for this month is to buy shares of Direxion Daily S&P 500 High Beta Bear 3X AMEX:HIBS as a volatility play. The index provider selects 100 securities from the S&P 500 Index that have exhibited the highest sensitivity to market movements, or “beta,” over the past 12 months based on the securities’ daily price changes. This isn't "buy and hold" play, whatsoever - you'll loose. It's a short duration hedge using seasonality odds that *may* be in my favor (i.e., September sucks)
Target #1 = $24.85
Target #2 = $26.00
Target #3 = $28.00+
A stop exists below $20.00.
HIBS trade ideas
HIBS - There be no bears here - only bullsThere be no bears here - only bulls!
TIP: Using a stochastic with settings of 5 for %K and 5 for %D you can get an idea when prices are bowing into the dance.
When bears become dominate, inverse ETFs become profitable.
Interest rates rise, tech get's kicked in the teeth.
HIBS:
Entry (Stop-Limit) - 5.18
Stop Loss - 4.59
First target - 5.5 (+6.8%)
Anticipated target - 6.64 (+28.2)
HIBS | Do I Smell a Pullback | Bear ETFThe fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets. The index provider selects 100 securities from the S&P 500 Index that have exhibited the highest sensitivity to market movements, or "beta," over the past 12 months based on the securities' daily price changes. It is non-diversified.
HIBS: SIGN ME UP
"the stock market rallies on stimulus hopes"
"markets make new all time highs on relief talks"
give me a break
Am I the only one getting tired of the media? and this nonstop bombardment of nothing but garbage ?
I just think it's funny how they don't tell us, politicians only have 7 days till they go on vacation till 2021
-
anyway, I think one of the two most important things a trader should ask themselves before taking a trade are:
who is on other side of this trade?
&
how much risk am I taking?
lets just say this- I don't think I've ever been more confident about a trade & I expect a higher high
... that gap is above the 78.6, and the 23.6 ext...
this wave will be a flat
Up to you where you see value
keep in mind - few things go to 0, and they usually don't stay there for long
(:
GL!