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05/23/12, 53
Just one of those mornings.
05/23/12, 51
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05/23/12, 50
Vigneault agrees to terms on extension with Canucks
05/23/12, 50
How I Work: Yahoo!?s Doug Crockford On JavaScript - Internet and Website Design
05/23/12, 41
Netflix Says It Boosted "Mad Men" Ratings - Peter Kafka - Media - AllThingsD
05/23/12, 56
Burning planet leaves dust in its wake ? News in Science (ABC Science)
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Friday, October 10. 2008
What's Making Money In The Market?
With a full blown financial armageddon upon us, I pondered to myself, what stocks could possiblely be up after massive drops everyday? It turns out there are stocks that actually move up. Observe the UltraShort S&P500 ProShares (SDS)
This is a fund that makes money whenever the markets go down. This is known as shorting which is where you're betting that the market is going down. If you read the chart, this fund has been doing extremely well this month. Today it was up more than 10%. Looks like the bears are winning big time.
Note: I am not advocating shorting the market or investing in the UltraShort fund. I'm merely highlighting that whether the market is up or down, someone is making money in the market.
This is a fund that makes money whenever the markets go down. This is known as shorting which is where you're betting that the market is going down. If you read the chart, this fund has been doing extremely well this month. Today it was up more than 10%. Looks like the bears are winning big time.
Note: I am not advocating shorting the market or investing in the UltraShort fund. I'm merely highlighting that whether the market is up or down, someone is making money in the market.
--God