Plan To Survive: Be Systematic! - SPDR S&P 500 Trust ETF (NYSEARCA:SPY) | Seeking Alpha
Harry Long has written another great article on how to beat the market with selected ETFs. UPRO is a bet that the market will keep going up while TMF protects if it goes down. I recently bought TMF when it crossed over its 50 day moving average line. August and September are scary months to be long on stocks, and bad news could pop up at anytime.
Harry brought up the fact that TMF and EUO, the euro short ETF, balance each other out also. The strength of the dollar causes the euro to fall while long term bonds (TMF) are hurt by the prospect of rising interest rates. I'm planning to buy EUO in the next few days because I believe the euro short could be very profitable as the Federal Reserve strengthens the dollar by raising interest rates.
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