Betting On Pessimism (SMH, XLV, ICF, XLU, SOXX)

When the markets began to decline last month, some of the year’s best performing exchange traded funds (ETFs) saw the highest level shorted since 2007. About 10% of total shares outstanding of all domestically traded etfs were shorted 10%. (2 Billion Shares)

As short bets rise, is now the time to buy into the markets? with Neil Leeson, Ned Davis Research ETF strategist, and Chris Johnson, Johnson Research Group

Related ETFs: Semiconductor HOLDRs (AMEX:SMH), Health Care Select Sector SPDR (NYSE:XLV), iShares Cohen & Steers Realty Majors (NYSE:ICF), Utilities Select Sector SPDR (NYSE:XLU), iShares PHLX SOX Semiconductor Sector (NASDAQ:SOXX)

Leave a Reply

Your email address will not be published. Required fields are marked *