Another Bad Day in the Market. Inverse ETFs, Day Trading and Cash Positions are the Best Strategies at the Moment

Market ended last week badly and started this week on an even worse note.

The main culprits were a combination of rate-hike concerns and growth concerns.

Today we cover the inverse ETFs that we follow (SPXS, SQQQ, TZA, UVXY), and some of today's day trades, as well a few other swing ideas that are currently on the move.

Watch this video to get the technicals.

Good trading!

Trading Risk Disclaimer

All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, futures, options, commodity interests or any other trading securities.