Headlines & Special Reports

Brexit or Bust: ProShares UltraShort Dow30 (ETF) (NYSEARCA:DXD)

The Brexit vote comes on the 23rd, and many investors are on edge.  It is very important that we wrap our heads around the potential impact of either a yes or no decision, while maintaining our focus on what is most important.

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Watch for a Dead Cat Bounce in QLD, UWM, SSO, and DDM

What is a Dead Cat Bounce?

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The Russell 2000 and the FOMC: iShares Russell 2000 Index (ETF) (NYSEARCA:IWM)

After running up fast during the low volume environment that surrounded Memorial Day, which was largely based on the buying demand of smaller investors, the Russell 2000 has fallen equally as fast.  Today, before the FOMC decision, there is a reprieve, iShares Russell 2000 Index (ETF) (NYSEARCA:IWM) was up for the first day in a week, so far at least, but there is more downside risk, and some of that could come from the FOMC later today.

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Stop Trading Oil: ProShares Ultra DJ-UBS Crude Oil (NYSEARCA:UCO) and Proshares Trust II (NYSEARCA:SCO)

Stock Traders Daily is continuing to advise its clients to avoid trading oil.

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Multiple Contractions Loom for SPY and DIA

A few weeks ago I was discussing the short covering rally that led up to memorial day, and in doing so discussed the odd market environment that often surrounds that holiday.  The short covering rally was only part of it, but it was crystal clear that shorts were increasing aggressively the week before Memorial Day.  The markets were increasing aggressively on news that did not seem to be that positive, and it was doing so on the heels of a decline that happened just prior.

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