NewroadTrader

Buy $QID - NRPicks 09 Jul

Long
AMEX:QID   ProShares UltraShort QQQ
the fund invests in financial instruments that ProShare Advisors believes, in combination, should produce consistent daily inverse returns to the QQQ ETF . The index includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market by market capitalization.

The indexes have been making all-time highs, so the strategy chases a potential market correction and the $QID ETF is an attractive instrument below $20.
Trade closed: stop reached:
August 23

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