How to Profit from the selloff: (MYY, PSQ, SBB)

If Bobby Boucher’s Mom in the Waterboy would have talked about shorting stocks, I’m sure she would have said “Shorting Stocks is the DEVIL”.

For those of you who are like Bobby Boucher’s mom, you need to get in on some inverse ETF’s to take advantage of the current market selloff. Shorting stocks can be a pain, i.e. you have to get your brokerage account approved for short selling and buying on margin. 

The easy way to short on a downturn is to take advantage of the numerous inverse and ultrashort ETF’s out there.

Inverse and Ultrashort ETF’s go up when the market is going down. You can bet on a total market, such as the Dow, Nasdaq or S&P 500. Or, you can bet on specific sectors, such as Telecom, Real Estate or Financials - to name a few.

Here are the three that we recommend, and we’re going with the Short as opposed to Ultra-Short, just in case Mother Market decides to kick you really hard in the shins for betting on the market going down:

ProShares Short MidCap400 (ETF) (Public, NYSE:MYY)

ProShares Short QQQ (ETF) (Public, NYSE:PSQ)

ProShares Short SmallCap600 (ETF) (Public, NYSE:SBB)