Direxion Daily S&P500® Bear 3X ETF

After opening higher today, the S&P 500 was trading 0.6% lower at 11:47 AM ET. The tech-heavy Nasdaq and industrials-focused Dow were down 0.5% and 1%.

After rising on easing trade tensions on Tuesday, US stock market indexes crashed yesterday. The S&P 500 (SPY) fell 2.9%, and the Nasdaq (QQQ) fell 3.02%.

Despite the majority of market participants expecting the contrary, iron ore prices have rallied in 2016, but the supply scenario hasn’t changed much.

According to the latest update, Freeport-McMoRan’s short interest ratio was 4.3 on September 30, 2016. The ratio increased from its previous update of 3.3 on September 15.

With stronger iron ore prices year-to-date, iron ore miners have recuperated from some of their losses.

Gundlach also believes it’s interesting to look at the correlation between the size of the Fed’s balance sheet and the S&P 500 (SPY) (SPXS) (SPXL) level.

Back in November 2015, Gundlach presented what he called “the most bearish chart of the US economy” during a webcast.

According to the latest update, Freeport-McMoRan’s short interest ratio stood at ~4 on August 31, 2016. The ratio increased from the previous update.

Based on its September 16, 2016, closing price, U.S. Steel has a 14-day RSI of 27.5, which means it looks oversold, similar to other US steelmakers.

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Hedge with an inverse ETF Finally, there are exchange-traded funds. These tools may be used when seeking to hedge the market. As their name reveals, inverse ETFs go up when the market goes down, and they go down when the market goes up. Inverse ETFs allow you to seek the opposite return of specific sectors, […]

In this series, we’ll look at analyst recommendations and ratings for iron ore miners. Changes in their estimates are key drivers of short-term price movements.

Bears (SPXS) seem to sense opportunity in mining companies as commodity prices retreat due to demand-supply concerns.

According to the latest update on July 29, 2016, Alcoa’s short interest ratio stood at ~8. This ratio has increased sharply from the previous update, when Alcoa’s short interest ratio was 4.8 on July 15.

Bill Gross provided his view on lower rates no longer resulting in credit creation in the economy. They have also lost their efficacy in raising equity prices.

Currently, we’re in a highly levered system, especially the developed world. A levered economy depends on continued credit creation for stability and growth.

Although Freeport-McMoRan (FCX) isn’t a major gold producer, it expects its gold production to rise to 1.8 million ounces this year, a year-over-year increase of 44%.

In this series, we’ll look at some of the recent steel industry indicators. We’ll see how the demand-supply situation is playing out in the United States as well as globally.

In this article, we’ll look at steel companies’ forward EV-to-EBITDA multiples to see if there are some underpriced or overpriced bets in the sector.

Gundlach prefers mortgages versus the high-yield bond market. He identifies inherent risks when investing in the high-yield market.

On April 11, former Fed Chief Ben Bernanke shared his thoughts on helicopter money. He talked about monetary policy tools that are available to spur growth.

As China is the largest copper consumer, it’s prudent for investors in companies such as Freeport-McMoRan, Southern Copper, and Turquoise Hill Resources (TRQ) to keep track of Chinese copper demand.

Soros Fund Management’s 13F filing for 4Q15 reveals that George Soros has been shorting the S&P 500. His top buys in the last quarter include puts on the PowerShares QQQ ETF (QQQ).

Over a good four decades, the S&P 500’s net profit margin has fallen notably when the economy was on the verge of, or already into, a recession.

The Taylor rule is a backward-looking model used to determine short-term interest rates in an economy. Bill Gross prefers a corollary to Gresham’s law.

In his Investment Outlook for November, fund manager Bill Gross sees a corollary to Gesham’s law. Gross thinks that cheap money drives out good money.

Consumer spending saw positive contributions to economic growth in 3Q15. An increase in consumer spending led to an increase in GDP for the third quarter.

A 2% federal funds rate could certainly affect stock and bond prices. They would start to tumble almost instantly.

Bill Gross’ outlook for October recommended that global central bankers with economies running on zero interest rates should “get off zero and get off quick.”

Bill Gross expressed his views on the markets and on the Fed’s decision to delay the rate hike in his Investment Outlook October 2015.