Stock Picks – ProShares UltraShort Russell2000 Value-SJH

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ProShares UltraShort Russell 2000 Value (NYSE: SJH) — This fund seeks daily results, before fees and expenses, that correspond to twice the inverse of the daily performance of the Russell 2000 Value Index (AMEX: RUJ).

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SJH Chart 

Chart Legend 

The recent rally has had a strong focus on financial instruments, of which 80% of the assets of the Russell 2000 are composed. This leveraged ETF could be an effective tool to gain from a downturn in those stocks. 

The target for a quick trade is $22 to $25.

This is a speculative, leveraged ETF that is primarily suited to day trading. Be sure to check for any special margin requirements and, recognizing the high risk of this trade, place a stop-loss order at the time of execution.

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Article printed from InvestorPlace Media, https://investorplace.com/2010/05/stock-picks-proshares-ultrashort-russell2000-value-sjh/.

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