(A Top Pick Oct 6/16. Down 12%.) This hasn’t worked out. It was put on simply as a hedge for the next 3 weeks until the election.
This is for hedging of your nonregistered portfolio. If you want to pull a little bit of risk off the table, you can Buy some of this which will hedge your portfolio a little.
HIX-T vs. HIU-T. Inverse exposure to their respective indexes. They are a way to hedge your overall exposure. He loves the idea of using these.
He is looking to add shorts to the US market. He uses the RWM-N. When the markets fall, small caps underperform on the way down. You need a currency hedge.
Inverse ETFs for when the market turns bearish. We don’t know which market is going to turn. We know that it is very difficult to forecast the market. Forecasters are never wrong, they are just early. This would be the one to buy. It hasn’t done a lot because the market has been so strong, but markets don’t go up in a straight line. You have to look at a TSX chart, look at some support resistance, throw on some 50 day, 200 day and 20 day moving averages and try to pick a spot where you are comfortable buying it. Not a long-term hold.
Whenever you buy any inverse, you have to have the underlying stock falling to make any money. A single inverse doesn’t have the leveraged problem that a double instrument has. His feeling is that any inverse is a short term play. He is very hesitant to use these kinds of things.
Likes the single inverse ETFs but stays clear of the doubles on commodities. There is room in every portfolio for a hedge. HIX-T is a good way to play. The doubles are a 2-4 day hold only.
BETAPRO SP TSX 60 DAILY INVERSE ETF is a Canadian stock, trading under the symbol HIX-T on the Toronto Stock Exchange (HIX-CT). It is usually referred to as TSX:HIX or HIX-T
In the last year, there was no coverage of BETAPRO SP TSX 60 DAILY INVERSE ETF published on Stockchase.
BETAPRO SP TSX 60 DAILY INVERSE ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BETAPRO SP TSX 60 DAILY INVERSE ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered BETAPRO SP TSX 60 DAILY INVERSE ETF In the last year. It is a trending stock that is worth watching.
On 2024-10-10, BETAPRO SP TSX 60 DAILY INVERSE ETF (HIX-T) stock closed at a price of $25.42.