August has traditionally been the worst month of the year for the S&P 500, the Dow Jones industrial average and the Nasdaq, and this year looks to be no different. If risk is your thing, these funds—which bet against the market—could provide some major income, according to an article on Benzinga.
The geared strategies include:
- Direxion Daily Semiconductor Bear 3x Shares (NYSEArca: SOXS)
- Direxion Daily Small Cap Bear 3X Shares (NYSEArca: TZA)
- ProShares UltraShort Oil & Gas (NYSEArca: DUG)
It’s important to note that these funds are meant to be held for short amounts of time, and could fall just as quickly as they surge.
For the full story, visit Benzinga.com.