For those of you who don’t follow my investment activities here and here at Covestor, today I used roughly half of my US cash to buy Proshares Short QQQ (PSQ) at a price of $73.10. As before, I am going to use Chandelier stops.
FJP
ETF Timing That Works
{ 2 comments… read them below or add one }
Have you thought about doing the same for the Canadian market? Buy HXD …
HXD is a leveraged inverse ETF whereas PSQ is simply an inverse ETF. I’m not comfortable buying a 2X bear ETF right now.