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Wednesday, May 19, 2010

Buy with confidence Stocks for 051910: FAZ, CZI, LHB, DRV, TYP, DPK

As predicted on Monday the market is going to remain down this week, so invest carefully. I read the news stop trading on Jim carmer show, but why do you want to stop trading. Wall street earn their bread and butter through trading. The sell off will continue because of the anxiety and fear in European market and financial regulation being imposed this week by government.
If the sell off continues go with the bear instead of bull. Trade ETF because the price fluctuation is less compare to common stock.

Buy any of the bear ETF listed below for short term gain. But this is a good buying opportunity for the good quality stock at low price. The market will correct itself because the economy has to grow. Don't sell off in panic in case of loss but don't average your stock at this time either.

My personal opinion is that the big company are taking advantage by creating fear among investor to sell off the position so that the price goes down sometime the reason is dubai debt fear, now Greece economy, then German banning. I don't see reason to sell off because even if the Dubai collapse or Greece collapse, US economy wont be affected. Even bailing out Dubai or Greece or any European country wont happen overnight, it takes time may be month or year to correct it. The market is over reacting in one day its down and the other day its easing out. I'ld say take advantage if the market is down go with bear and if it up go with the bull. The stocks with good fundamental will survive, so buy those good quality stock. Buy with confidence.
Good luck.

Direxion Daily China Bear 3x Shares ETF     NYSE     CZI     39.18         +1.03 (2.70%)     13.71M    

Dirn Daily Latin Arica Bear 3x Shs ETF     NYSE     LHB     47.65         +2.84 (6.34%)     7.15M    
   
Direxion Daily Real Estate Bear 3X (ETF)     NYSE     DRV     7.40         +0.53 (7.71%)     81.77M    
   
Direxion Daily Tech Bear 3x Shs(ETF)     NYSE     TYP     8.23         +0.32 (4.05%)     58.43M    

Direxion Daily Energy Bear 3X Shs(ETF)     NYSE     ERY     11.05         +0.28 (2.62%)     53.05M    

Direxion Daily Mid Cap Bear 3X Shs(ETF)     NYSE     MWN     18.45         +0.84 (4.77%)     13.38M    

Direxion Daily Dpd Mkts Bear 3x Shs(ETF)     NYSE     DPK     18.95         +1.14 (6.39%)     20.85M    

Direxion Daily Small Cp Bear 3X Shs(ETF)     NYSE     TZA     6.43         +0.33 (5.41%)     542.69M    

Direxion Daily Large Cp Bear 3X Shs(ETF)     NYSE     BGZ     15.02         +0.61 (4.23%)     280.87M    

Direxion Daily Emr Mkts Bear 3x Shs(ETF)     NYSE     EDZ     51.90         +3.05 (6.24%)     181.13M    

Direxion Daily Finan. Bear 3X Shs(ETF)     NYSE     FAZ     14.99         +1.22 (8.86%)     1.10B   

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