dpjamnd.info

Summary
SPDN is not the largest or oldest way to short the S&P 500, but it’s a solid choice.
This ETF uses a variety of financial instruments to target a return opposite that of the S&P 500 Index.
SPDN’s 0.49% Expense Ratio is nearly half that of the larger, longer-tenured -1x Inverse S&P 500 ETF.
Details aside, the potential continuation of the equity bear market makes single-inverse ETFs an investment segment investor should be familiar with.
We rate SPDN a Strong Buy because we believe the risks of a continued bear market greatly outweigh the possibility of a quick return to a bull market.
Put a gear stick into R position, (Reverse).
Birdlkportfolio

By Rob Isbitts

Summary
The S&P 500 is in a bear market, and we don’t see a quick-fix. Many investors assume the only way to navigate a potentially long-term bear market is to hide in cash, day-trade or “just hang in there” while the bear takes their retirement nest egg.

The Direxion Daily S&P 500® Bear 1X ETF (NYSEARCA:SPDN) is one of a class of single-inverse ETFs that allow investors to profit from down moves in the stock market.

SPDN is an unleveraged, liquid, low-cost way to either try to hedge an equity portfolio, profit from a decline in the S&P 500, or both. We rate it a Strong Buy, given our concern about the intermediate-term outlook for the global equity market.

Strategy
SPDN keeps it simple. If the S&P 500 goes up by X%, it should go down by X%. The opposite is also expected.

Proprietary ETF Grades
Offense/Defense: Defense

Segment: Inverse Equity

Sub-Segment: Inverse S&P 500

Correlation (vs. S&P 500): Very High (inverse)

Expected Volatility (vs. S&P 500): Similar (but opposite)

Holding Analysis
SPDN does not rely on shorting individual stocks in the S&P 500. Instead, the managers typically use a combination of futures, swaps and other derivative instruments to create a portfolio that consistently aims to deliver the opposite of what the S&P 500 does.

Strengths
SPDN is a fairly “no-frills” way to do what many investors probably wished they could do during the first 9 months of 2022 and in past bear markets: find something that goes up when the “market” goes down. After all, bonds are not the answer they used to be, commodities like gold have, shall we say, lost their luster. And moving to cash creates the issue of making two correct timing decisions, when to get in and when to get out. SPDN and its single-inverse ETF brethren offer a liquid tool to use in a variety of ways, depending on what a particular investor wants to achieve.

Weaknesses
The weakness of any inverse ETF is that it does the opposite of what the market does, when the market goes up. So, even in bear markets when the broader market trend is down, sharp bear market rallies (or any rallies for that matter) in the S&P 500 will cause SPDN to drop as much as the market goes up.

Opportunities
While inverse ETFs have a reputation in some circles as nothing more than day-trading vehicles, our own experience with them is, pardon the pun, exactly the opposite! We encourage investors to try to better-understand single inverse ETFs like SPDN. While traders tend to gravitate to leveraged inverse ETFs (which actually are day-trading tools), we believe that in an extended bear market, SPDN and its ilk could be a game-saver for many portfolios.

Threats
SPDN and most other single inverse ETFs are vulnerable to a sustained rise in the price of the index it aims to deliver the inverse of. But that threat of loss in a rising market means that when an investor considers SPDN, they should also have a game plan for how and when they will deploy this unique portfolio weapon.

Proprietary Technical Ratings
Short-Term Rating (next 3 months): Strong Buy

Long-Term Rating (next 12 months): Buy

Conclusions
ETF Quality Opinion
SPDN does what it aims to do, and has done so for over 6 years now. For a while, it was largely-ignored, given the existence of a similar ETF that has been around much longer. But the more tenured SPDN has become, the more attractive it looks as an alternative.

ETF Investment Opinion

SPDN is rated Strong Buy because the S&P 500 continues to look as vulnerable to further decline. And, while the market bottomed in mid-June, rallied, then waffled since that time, our proprietary macro market indicators all point to much greater risk of a major decline from this level than a fast return to bull market glory. Thus, SPDN is at best a way to exploit and attack the bear, and at worst a hedge on an otherwise equity-laden portfolio.

You need to be accurate about the nutritional information that your body will require to accomplish maximum achievement. Every athlete generally desires to be unparalleled in their chosen sport. But if you want to be well-recognized as an athlete, you’ve got to have beneficial nutrients in a consistent food intake, this is particularly the case with sports nutrition protein. Whilst it is certain that drinking plenty of water and eating a balanced diet is enough for the regular guy, sports people — you included — need increased nourishment, for the adequate creation of physical energy.Your uncompromising training must be accompanied by the correct amount of sports nutrition protein. This will aid you in maximizing your athletic ability and in the process acquire more power, strength, and endurance as you train.The dynamic of these factors is simple: you’ve got the talent and are properly driven so you are into sports and need relentless training. To endure the training, you need sports nutrition protein. This will help in preparing you for your next training session, the more will be your need for a sustaining formula, like sports nutrition supplements such as protein.First of all you need to recognize where sports nutrition proteins come from. Proteins come in animal products such as meats, fish, poultry, eggs, dairy products and plant based stuff like beans, nuts, and other foods. These foods should supply 12-15 percent of your daily calorie intake. And this is where the challenge lies — how to extract the needed amount from this food without consuming the excess bulk becomes a problem. This is the reason why sports nutrition protein was formulated.The reason behind this is similar to what you would have with vitamins intake. You take vitamin C in its elemental form because, in order to get the needed amount of vitamin C, you have to eat several oranges frequently. Same with sports nutrition protein. You don’t need to consume kilos of meats and beans on a daily basis.The amount of sports nutritional protein you will need depends on your fitness level, work routine, and the intensity and duration of your exercise. Whole calorie intake, which includes carbohydrate, also plays a prominent role in your protein intake. But bear in mind that protein, is not only a source of energy, but gives your body the ability to build new muscle tissues.Figuring out how much protein you need can often be hard nutritional information to come across unless you have your own sports nutritionist or advisor at your local gym. To give you a rough idea of the proper amount of sports nutrition protein that should be consumed when performing regular exercise is as follows. If you weight was 80kg you would multiply that by 2.2 which would then give you your weight in pounds. 80 x 2.2 = 176. This means that you would need to eat 176 grams of protein a day. In order for this to be effective you will need to be working out daily. If you consume to much protein and are working out it will have a negative effect by turning to fat. It is essential that you get this sports nutrition supplement right if you are looking to build more muscle.In terms of the type of your exercise, sports nutrition supplements are deemed as necessary. If you’re a starting athlete, you will need much more sports nutritional protein compared with what you needed before you began working out. And if the type of sports that you are in is an endurance type, you will frequently burn protein for fuel. The need for sports nutrition proteins is more notable.You should also realize that the body burns more protein if you do not consume sufficient calories for this is the body’s way of compensating to maintain the correct balance. Not enough food and nutrients coupled with too much exercise causes this to occur.Your body can also use protein as a way of gaining energy as long as the exercises use up small of amounts of muscle glycogen (also know as sugar) or if you are doing a sustained amount of exercise that will use up a lot of carbohydrates. This is the reason why specially formulated nutrition, like sports nutrition protein is a requirement.

US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 1.14%. While S&P 500 was trading at 3,701.66, up by 0.98% and Nasdaq Composite 10,690.60 was also up by 0.71 per cent

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US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%
Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. Source: Reuters
US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 345.25 points or1.14 per cent. While S&P 500 was trading at 3,701.66, up by 35.88 points or 0.98 per cent and Nasdaq Composite 10,690.60 was also up 75.75 points or 0.71 per cent. A Reuters report said that today’s strength was on the back of a report which said the Federal Reserve will likely debate on signaling plans for a smaller interest rate hike in December, reversing declines set off by social media firms after Snap Inc’s ad warning.

Source: Comex

Nasdaq Top Gainers and Losers

Source: Nasdaq

Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. The BSE Sensex ended at 59,307.15, up by 104.25 points or 0.18 per cent from the Thursday closing level. Meanwhile, the Nifty50 index closed at 17,590.00, higher by 26.05 points or 0.15 per cent. In the 30-share Sensex, 13 stocks gained while the remaining 17 ended on the losing side. In the 50-stock Nifty50, 21 stocks advanced while 29 declined.