ETF Talk

Triple X Bears in Japan

In the immortal words often attributed to Sir Isaac Newton, “What goes up must come down.” Japan has been one of the hottest markets of 2013, but at some point Prime Minister Shinzo Abe’s policy of weakening the yen to spur economic growth in the country is likely to run its course and the Japanese market’s rise will fizzle out.

If the Japanese stock market retreats, one exchange-traded fund (ETF) that you may want to consider is the Direxion Daily Japan Bear 3X Shares (JPNS), which is designed to capitalize on any drop in that market. With the Japanese market’s recent rise, the strongly bearish JPNS has been out of favor with investors. But the fund is worth keeping in mind if the Japanese market reverses.

Learn more about this bearish approach to Japan at Eagle Daily Investor.

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