|Bid||0.00 x 38800|
|Ask||0.00 x 28000|
|Day's Range||18.07 - 18.93|
|52 Week Range||17.69 - 44.40|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-26.32%|
|Beta (5Y Monthly)||-1.66|
|Expense Ratio (net)||0.89%|
Insider Monkey's mission is to identify the best stocks to buy and sell using the signals that are sent by the best hedge funds and corporate insiders. I am Insider Monkey's research director. I have been sourcing potential investment ideas from hedge fund 13F filings, investor letters, and investment conferences, and then analyzing these stocks […]
The S&P 500 has not experienced a 1% or more move in either direction since mid-October, its six-longest streak on record since the end of 1969 and third-longest since the end of 1995, the Wall Street Journal reports. ETFs that track VIX futures allow investors to profit during rising volatility or hedge against short-term turns.
Exchange traded fund investors can also protect themselves against potential turns with alternative strategies as well. U.S. markets are rallying, but options traders have looked at the new high with caution, betting on the eventual misfortune of a S&P 500 pullback in the coming months, the Wall Street Journal reports. Emanuel underscored the high demand for stock protection for contracts expiring in a few months to a whole year from now, which has driven up the cost of bearish put options on the Cboe Skew Index, which measures expectations of extreme and unusual moves in the stock market, or so-called black swan events.
The third quarter corporate earnings season is looking gloomy and could test a market that has already been rocked by weak economic data and ongoing trade risks. According to FactSet, a number of companies, such as Wynn Resorts Ltd., Macy’s Inc. and Tyson Foods Inc., are already trying to temper investors' expectations ahead of the coming earnings season, warning that Q3 results could be lower than analysts had expected, the Wall Street Journal reports. Wall Street analysts have been cutting back earnings expectations for all 11 sectors in the S&P 500 in recent months as well.
The ProShares UltraShort S&P500; (SDS) is an inverse exchange-traded fund (ETF) that seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the S&P; 500, explains Jim Woods, editor of Successful Investing.