Sep
9
Stock Pick Grid–Leveraged Inverse ETF’s Galore to End the Week
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Today, Friday September 9th, 2011 the DOW closed down 303 points and the S&P dropped almost 32.
Within the first 30 minutes of trading, the Research Lab scanners picked up on the weakness and filled the Grid with VIX ETF’s and the leveraged inverse (shorting) ETF’s. We said on the show “might as well go with the triples”
There were actually a few stocks that bucked the trend, see below.
Here’s the Grid at the close – (click to enlarge)
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