and emerging markets exposure because of this. Also the U.S. Dollar has been very strong, and is in the middle of a secular long term bull market, and emerging markets stocks therefore have become very unattractive because of the strong dollar.
So I am looking to short Emerging Markets Stocks (NYSEARCA:EEM) is the most popular emerging markets ETF, but as I told you the Billionaires secret is using leverage: so I am going to go short Emerging Markets Stocks by using the Direxion Daily 3x Short Emerging Markets ETF (NYSEARCA:EDZ). This gives me leverage at 3X or 300%. Look at the chart below, and you will see that $EDZ, the Direxion Daily 3X leveraged ETF has broken a huge 9 month trend line, and is poised to increase 30% to 50% in the next couple of months, as money starts to pour out of Emerging Market Stocks, which will eventually push this short Emerging Markets ETF much higher.
Click on the chart to enlarge:
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-William Meade
Editor of The Billionaires Portfolio
