Inverse ETF's Look Like Great Longs

Considering the markets have been on an all out rampage higher these last two weeks, a lot of the inverse EFT’s have been beaten down pretty badly. Much more so than anything else out there and now are starting to look like great long trades – at least short term here. Of course if you ultra-bullish on the indexes this is not for you, but anyone else who’s looking to make some easy money, buying some calls on these would do just the trick.

ERY – Energy Bear 3X

QID – Ultra-short NASDAQ

SMN – Ultra-short Basic Materials