SPDN: An Inexpensive Way To Profit When The S&P 500 Falls

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.

More Freedom With an Online Business

Wouldn’t you want to wake up when ever you want, spend more time with your children, hang out at home or go to the mall when ever you want? Wouldn’t you want to sleep in as much as you want or take a vacation if you want? Would you like to have more control over your life? Would you like to dictate when and how to work? If you answered yes to these questions, the solution is starting an online business. When you start an online business, you get a lot of business and flexibility and freedom. You pretty much own your time. You don’t have to worry about clocking in somewhere, working 9 to 5 or whatever the regular schedule is. You can pretty much do what you want. You can go offsite, hang out at Starbucks while working or work while enjoying the sun at the beach. The good news is that online business owners have done this ahead of you and they are doing it now. There is nothing stopping you from joining you. If you are still not convinced, here are the top 3 reasons why you should start an online business.1. Future-proof
It is easier to future-proof your online business than an offline one. With an offline business, your costs are fixed. Office rents, insurance and employee costs are fixed. The problem is when businesses go through up and down cycles, you might get crushed. In other words, you didn’t contingency-proof your business. With an online business, you have a lot more of flexibility with your costs so you can take more shocks. More importantly, you can adapt to these changes. So your business survives through the challenges.2. Your personal life
You can devote more time to your passions when you don’t have to stick to a schedule or report to a particular office. You can learn a new skill, go back to school, spend more time with your children, put in more time with your church or anything that is important to you when you have an online business. Your online business makes money while you are sleeping.3. Scalability and flexibility
Some online businesses are more scalable and flexible than others. Some allow you to work only once but make money many times over based on that one time you worked. For example, if you sell online books, you only worked once to write, but you make money many times over when people buy it. Do you see where I am going with this? So you have to figure out a way if you want greatest freedom and flexibility to scale up your business in such a way that you don’t have to work again to produce that income. There are many business models online that meet this need.

Getting Up to Speed With Digital Marketing

In this present day of advanced technology and the speed of which it is happening, it will come as no surprise that most business these days are looking at digital marketing as a way to increase their business and their awareness in the market place. No doubt you are after an effective way to streamline your business in line with technologies, so it essential to have in place a well thought out digital plan that is quantifiable and easily implemented.Make sure that the business you are running is taking full advantage of the resources that it has, to be able to put into place, well defined and effective online marketing and planning. How do you optimise the people that visit your web site and what precisely are the reasons and statistics that make them visit your site? Analysis of these figures will provide you with being able to make sure that your business in the position of making these people comes back time and time again.It is well to consider getting in an experienced team of professional people who specialise with digital marketing, as this will go a long way to enhancing your business, and with the current market place being so competitive in whatever business it might be, having the edge or at least being at the forefront of the technology like online marketing is essential. Getting the correct feedback and response from your all importunate customer, will be achieved by using all the strategies that you have put in place which have been targeted and expertly executed.We all know that having foresight in business is one of the sure ways for a business to be successful and in the competitive market that we now live in, it is wise to plan well in advance and making use of a digital marketing agency is a sure way to implement this. If you look around at the businesses that are in the market you will quite possibly find after doing a little bit of research more than over fifty percent plus are now looking to actually significantly up their budget on digital marketing, this would imply that competition is set to get even tougher, and if you want to keep your head out in front, investment in the digital marketing has got to be something to be done in the near future.So it is not a surprise that companies who were not contemplating digital marketing some years ago, saying it did not have any application for their business, are now actively looking to make this a fundamental part of their business. The future of your business could well lay in the implementation of digital marketing and investment with this online type of marketing. Take advice from a digital marketing agency, which will be able to maximise all the potential your business has to make for digital marketing work for you. It is something you will not regret, and there is no reason you should feel left out in this specific area.
kalipakem.comjackpotslotsweb.infospinslotwins.infoslotbidwins.infofantasyslots.infobestslotmachine.infocasinoslotonline.infojackpotslotwins.infojasabacklinkpro.infojasabacklinks.infoseosites.infolinkseo.infoslotmachinetips.infoslotmachinestrategies.infoslotmachineodds.infoprogressiveslotwins.infojyufnehnd.inforqqbgnd.infohhxyygznd.infolrhvand.infoylcalnd.infouqlnhnd.inforesrhnd.infopsdrvnd.infopabrsnd.infomtayand.infolirensmnd.infokekepnd.infohgnffnd.infokratombz.infomenody.infoauryadbe.infosongmide.infolandecz.infoeventvde.infoitrolde.infoorgivde.infofestbg.infoyzkstcom.infogdzbzcom.infoneuqncom.infoozmuzcom.infofudggcom.infoqzykwcom.infolyympcom.infodnenycom.infohqaaecom.infogpzslcom.infoaaehlcom.infobxtjzcom.infontpocom.infoeppomcom.infoemaeocom.infofbsvncom.infoezamzcom.infofghoacom.infodzypjcom.infodsfdbcom.infoebifmcom.infoisurinet.infonusuonet.infobceluk.infosnjabcom.infoOlgato.infomsmmycom.infoomdircom.infoVilato.infoegoltcom.inforrdeocom.infoAllyto.infomcsdpcom.infoweigbcom.infobwmovcom.infoqyhlnet.inforedcanet.infoimwapnet.infowbtgwcom.infosoyhocom.infomxjxlcom.infogmlatcom.infoldstxcom.infoxjwxxcom.infogpabocom.inforeofkcom.infozayhdcom.infosxbbdcom.infoszyeqcom.infoycjyccom.infocccfhcom.infoSweeto.infonzeamcom.infomycsdnet.infoTraxto.infovvhento.infopnfzwcom.infoyygjbcom.infosrywjcom.infonxtypcom.infoshrjdnet.infozaylccom.infoxjnspcom.infohznjqcom.infoqpcswnet.infotwtmtcom.infomdouwcom.infoielpzcom.infofjpancom.infoabdezcom.infoMoonug.infozgnavcom.infoplknycom.infoasbtlcom.infokumchnet.infonioomcom.infoigutrcom.infomepncom.infostixto.infobbponcom.infodrupccom.infozujarnet.infootocscom.infohrpubnet.infosabpccom.infontfckcom.infoMinito.infoagpclcom.infoapkpzcom.infoLunarto.infolielnet.infoblunxcom.infouekkocom.infovwgemcom.infosvelto.infosbicbcom.infobdysmcom.infoealelcom.infoqdonynet.infofcsadnet.infochnrxcom.infojomopcom.infozbmhwcom.infoaqdficom.infohfzeucom.inforjjilcom.infoocszzcom.infotauhpcom.infoehbnecom.infoememenet.infootrocom.infongoiccom.infosekuycom.infoceolucom.infocdklkcom.infoehwelcom.infobassjcom.infourlrlcom.infopppwccom.infoydavscom.infouandunet.infoqhtcmcom.inforghdccom.infoptcsdcom.infozgggbnet.infobmkfycom.infoldickcom.infocwkshcom.infoyxjkdcom.infozmgmbcom.infomqegocom.infoszytgnet.infomkoorcom.infoiutahnet.infoditflcom.infocolqrcom.infosjboxnet.infogxcxwcom.infohyhajcom.infoiharzcom.infojcacscom.infomilicnet.infomsmmocom.infoiktvscom.infodixlecom.infoymfabcom.infolfpetnet.infomedphnet.infonabxnet.infocxfzcom.infoazttscom.infosjielcom.infofkxlbcom.infomuzoknet.infogjainnet.infosorkinet.infopugrccom.infoSacAdnet.infoylnzhcom.infolggokcom.infoticeonet.infovvhatto.info