EDZ - Direxion Emerging Markets Bear 3x Shares

Measuring comparative equity performance between countries requires conversion to a common currency. For USD investors, USD ought be the common currency so that the equity markets with the best unhedged returns can be…Read

The stock market proved one thing Friday: it had been discounting a double dip. The better-than-expected (but still depressionary) Employment Report relieved the pressure temporarily.... Now, if we could only get the…Read

Note: a bucket shop is an unofficial and usually illegal betting operation in which the prices of stocks and commodities are posted and the customers bet on the rise and fall of prices without actually buying stock,…Read

A trending move is very near. I know this because I am becoming disillusioned with the market. I’m starting to not care, the swings have been too short to swing and overnight positions are getting gapped one way or the…Read

The market had been growing ever more bearish in recent days and today's rally was simply a reaction to that fact. When too many bears crowd onto one side of the boat, the boat sinks. Wednesday's Results In The…Read

Morning Call [7:29am ET] With 21 minutes remaining in yesterday’s session I sold a 30% portfolio weighting in EDZ, which is a 3x emerging markets bearing position, so my exposure was 90% of the index. I sold at 38.83 a…Read

Note: a bucket shop is an unofficial and usually illegal betting operation in which the prices of stocks and commodities are posted and the customers bet on the rise and fall of prices without actually buying stock,…Read

The market is sitting right at the same boring level it has messed with traders for the last 4-5 days. Right at 1050 SPX. With so much news coming out overnight and tomorrow you would think it would be stupid to have a trade on…Read

Last year, we were loudly decrying the Obama stimulus plan, not for its misguided direction, but for its size. We could easily calculate that it was, at best, half of what was needed. At the same time, Paul Krugman…Read

We're almost there. Time to buckle up your seat belts. The fur is going to fly! The politicians who allowed the US to get into this mess of a Suicide Society are going to be pulling no punches this Fall as they…Read

Which pattern is going to happen? I think there is a chance of both. A possible slip to touch support and a pop. If we gap up and run we gap up and run that is fine. However, I moved back to the short side adding EDZ, FAZ, and…Read

Note: a bucket shop is an unofficial and usually illegal betting operation in which the prices of stocks and commodities are posted and the customers bet on the rise and fall of prices without actually buying stock,…Read

Note: a bucket shop is an unofficial and usually illegal betting operation in which the prices of stocks and commodities are posted and the customers bet on the rise and fall of prices without actually buying stock,…Read

The Yen is at a 15-year high. This is a sign of severe dislocation in the global markets. Other notable milestones include Treasuries at record low yields and housing sales at 1995 levels. You wouldn't know pressures in the…Read