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Stockchase Opinions

Howard SuttonProSh Ultrashort QQQ E.T.F.QIDTOP PICKJun 17, 2008

A double short on the triple Q. He uses the QID calls (a proxy of the NASDAQ) as a cheap insurance proxy against a fall in the market.
$39.38

Stock price when the opinion was issued

$14.30

As of Jun 17, 2026. Market Open.

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TOP PICK
Using this in his portfolios as a bit of insurance hedge against his small cap stocks that he doesn't want to sell into this market. Doesn't think we are fully out of the woods yet.
DON'T BUY
A double short on the NASDAQ. It performs twice what the NASDAQ would do on the down side. Doesn't think the NASDAQ is going down.
DON'T BUY
If you believe the market is weakening it's a good hedge, but he wouldn't have it on right now.