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BGZ Direxion LARGE CAP BEAR 3X Shares

May 13, 2009 by Hot Stocks To Buy 

[BGZ] Direxion LARGE CAP BEAR 3X Shares - Hot Stocks to Buy Entry Price: $41 - $43
  • Risk level: 7
  • Profit potential: 8
  • Price Target 1 - 4 Weeks: $50 - $55

We are adding another Bearish  Exchange Fund to our stock porfolio for the short term as the market is looking very grim.  Today’s unexpected slump in retail sales data is very disturbing in our opinion.  The data confirms what Meredith Whitney has been saying all along that consumers are not buying and this will eventually lead to a bearish market.

In our opinion the proper way to trade this market is to short sell the stock market.  Since we only recommend hot stocks, our play would be to buy BGZ, which is a short on the large cap stocks.  Becareful though, this is shorting the large caps by 3X, so it’s a little riskier.

As always we wish you luck on your investments and as always do your own research prior to purchasing or selling a stock. We make recommendations based on our own research and this site is solely for the purpose of entertainment reading. Thank you for visiting Hot Stocks to Buy.

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