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Horizons BetaPro S&P/TSX 60™ Bear+ ETF (HDX.TO)

COMMENT
We have to realize that these are two times levered bear ETFs and have responded exceptionally well with what has happened since February. The challenge with these daily re-balanced bear ETFs is that they have negative expectancy. Were you are wrong in your trade you compound this wrongness. It is a trading vehicle. The one year return on this is -23%. The strategy costs a lot. He'd prefer 7-10 year US bonds as a hedge.
WATCH

Would move higher if the Canadian market moved lower. He does not recommend this ETF because it is leveraged. Technical indicators are positive for the TSX presently. Watch the indicators and then play a seasonal trade on a bear TSX. When the election takes place it is an opportunity to go on the bull side instead of the bear side. It is 100 days prior to the election of a new president and is not a great time for the markets as they move lower. This bear ETF could be a good buy when the technical indicators confirm it.

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Horizons BetaPro S&P/TSX 60™ Bear+ ETF (HDX.TO) Frequently Asked Questions

What is Horizons BetaPro S&P/TSX 60™ Bear+ ETF stock symbol?

Horizons BetaPro S&P/TSX 60™ Bear+ ETF is a OTC stock, trading under the symbol HDX.TO (previously HDX-T on Stockchase) on the undefined (undefined). It is usually referred to as or HDX.TO

Is Horizons BetaPro S&P/TSX 60™ Bear+ ETF a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on HDX.TO (previously HDX-T on Stockchase) on Stockchase. Read the latest expert commentary for Horizons BetaPro S&P/TSX 60™ Bear+ ETF.

Is Horizons BetaPro S&P/TSX 60™ Bear+ ETF a good investment or a top pick?

Horizons BetaPro S&P/TSX 60™ Bear+ ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Horizons BetaPro S&P/TSX 60™ Bear+ ETF.

Why is Horizons BetaPro S&P/TSX 60™ Bear+ ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Horizons BetaPro S&P/TSX 60™ Bear+ ETF.

Is Horizons BetaPro S&P/TSX 60™ Bear+ ETF worth watching?

Horizons BetaPro S&P/TSX 60™ Bear+ ETF is covered by Stockchase experts and is worth watching.