SPDN: An Inexpensive Way To Profit When The S&P 500 Falls

Summary
SPDN is not the largest or oldest way to short the S&P 500, but it’s a solid choice.
This ETF uses a variety of financial instruments to target a return opposite that of the S&P 500 Index.
SPDN’s 0.49% Expense Ratio is nearly half that of the larger, longer-tenured -1x Inverse S&P 500 ETF.
Details aside, the potential continuation of the equity bear market makes single-inverse ETFs an investment segment investor should be familiar with.
We rate SPDN a Strong Buy because we believe the risks of a continued bear market greatly outweigh the possibility of a quick return to a bull market.
Put a gear stick into R position, (Reverse).
Birdlkportfolio

By Rob Isbitts

Summary
The S&P 500 is in a bear market, and we don’t see a quick-fix. Many investors assume the only way to navigate a potentially long-term bear market is to hide in cash, day-trade or “just hang in there” while the bear takes their retirement nest egg.

The Direxion Daily S&P 500® Bear 1X ETF (NYSEARCA:SPDN) is one of a class of single-inverse ETFs that allow investors to profit from down moves in the stock market.

SPDN is an unleveraged, liquid, low-cost way to either try to hedge an equity portfolio, profit from a decline in the S&P 500, or both. We rate it a Strong Buy, given our concern about the intermediate-term outlook for the global equity market.

Strategy
SPDN keeps it simple. If the S&P 500 goes up by X%, it should go down by X%. The opposite is also expected.

Proprietary ETF Grades
Offense/Defense: Defense

Segment: Inverse Equity

Sub-Segment: Inverse S&P 500

Correlation (vs. S&P 500): Very High (inverse)

Expected Volatility (vs. S&P 500): Similar (but opposite)

Holding Analysis
SPDN does not rely on shorting individual stocks in the S&P 500. Instead, the managers typically use a combination of futures, swaps and other derivative instruments to create a portfolio that consistently aims to deliver the opposite of what the S&P 500 does.

Strengths
SPDN is a fairly “no-frills” way to do what many investors probably wished they could do during the first 9 months of 2022 and in past bear markets: find something that goes up when the “market” goes down. After all, bonds are not the answer they used to be, commodities like gold have, shall we say, lost their luster. And moving to cash creates the issue of making two correct timing decisions, when to get in and when to get out. SPDN and its single-inverse ETF brethren offer a liquid tool to use in a variety of ways, depending on what a particular investor wants to achieve.

Weaknesses
The weakness of any inverse ETF is that it does the opposite of what the market does, when the market goes up. So, even in bear markets when the broader market trend is down, sharp bear market rallies (or any rallies for that matter) in the S&P 500 will cause SPDN to drop as much as the market goes up.

Opportunities
While inverse ETFs have a reputation in some circles as nothing more than day-trading vehicles, our own experience with them is, pardon the pun, exactly the opposite! We encourage investors to try to better-understand single inverse ETFs like SPDN. While traders tend to gravitate to leveraged inverse ETFs (which actually are day-trading tools), we believe that in an extended bear market, SPDN and its ilk could be a game-saver for many portfolios.

Threats
SPDN and most other single inverse ETFs are vulnerable to a sustained rise in the price of the index it aims to deliver the inverse of. But that threat of loss in a rising market means that when an investor considers SPDN, they should also have a game plan for how and when they will deploy this unique portfolio weapon.

Proprietary Technical Ratings
Short-Term Rating (next 3 months): Strong Buy

Long-Term Rating (next 12 months): Buy

Conclusions
ETF Quality Opinion
SPDN does what it aims to do, and has done so for over 6 years now. For a while, it was largely-ignored, given the existence of a similar ETF that has been around much longer. But the more tenured SPDN has become, the more attractive it looks as an alternative.

ETF Investment Opinion

SPDN is rated Strong Buy because the S&P 500 continues to look as vulnerable to further decline. And, while the market bottomed in mid-June, rallied, then waffled since that time, our proprietary macro market indicators all point to much greater risk of a major decline from this level than a fast return to bull market glory. Thus, SPDN is at best a way to exploit and attack the bear, and at worst a hedge on an otherwise equity-laden portfolio.

Skin Care Specific For Men Who Want to Look Well-Groomed With Little Fuss

Men’s interest in taking care of their skin is steadily increasing. They are also aware of the importance of using safe natural ingredient products. It is not new for men to want to look well groomed. Now they are seeking healthy products to feed their skin in order to maintain a fresh attractive appeal.Men want a no-fuss, straight forward approach to skin care. They don’t need the pretty bottles or sweet aroma of fragrant lotions and cleansers-men want the basics. Skin care can be tailored specifically to a man’s needs without added synthetic ingredients that are found in many products. Using the purity of nature to enhance the skin’s surface a can makes a healthier skin care routine simple.Men’s skin care needs are specific partly as a result of shaving, which not only irritates the skin, it can leave pores open to invite clogging or blackheads. Therefore methods of cleansing are especially important to a man’s skin care regime.Whether your skin tends to be oily or dry and sensitive it requires care that will encourage it toward balance. Working with natural ingredient products that are formulated to assist the skin to find its proper balance will bring the desired results of smooth, fresh attractive looking skin.Simple Steps to healthy looking attractive skin:Step 1: CleansingCleansing for men needs to be gentle, even soothing, yet cleanse deep. This can be accomplished with a clay or cream cleanser that caters to Men’s skin care needs – irritation, large pores, oily or dry-sensitive skin. Synthetic chemicals are harsh on the skin. They can strip and irritate your skin or cause clogged pores.Scrubs can be cleansers that gently exfoliate. A scrub removes dry dead skin cells encouraging the development of new healthy skin cells. This also minimizes fine lines. The result is a smooth healthy looking skin surface. Be careful of rough scrubs as they can irritate and damage the skin’s surface. (recommended use is 2 times per week)Mud Masks are effective for deep cleansing and toning of skin’s surface and pores. A quality Dead Sea Mud Mask will replenish valuable mineral nutrients to the skin while removing impurities. It can help prevent ingrown hairs and blackheads from forming. (recommended use is 1- 2 times per week, depending on your individual skin)
The harsh effect of shaving can leave the skin with a dull appearance. A facial scrub or mask used as a gentle exfoliating product will bring a smooth toned healthy appearance to your skin.Step 2: ShaveShaving Cream Shaving can irritate the skin, cause bumps and enlarged pores which can lead to clogged pores or black heads. Always cleanse your face well with steamy water before you shave, and go with the grain. Shaving creams that are made with nature’s ingredients can be formulated to sooth and condition the skin while you shave. They should be made without toxic foaming agents and other harsh synthetic chemicals that can cause irritation.
After Shave – Toner – After shaving it is good to apply an After Shave Toner to soothe irritations from shaving. This is a final aspect of cleansing as well as a primary aspect of hydrating and toning the pores. Note: avoid alcohol- based aftershaves, they will irritate your skin.Step 3: MoisturizeMoisturizers for Men – A quality moisturizer cream should be light on the skin yet rich with replenishing skin care ingredients that also hydrate and protect the skin. Properly selected botanical extracts and essential oils will provide excellent healthy skin care benefits. These ingredients do not have overpowering scents that linger. They are gentle to the skin and subtle to the nose. Moisturizer creams that are made with plant extracts only, will have no scent for those who prefer products that have no aroma.Eye Cream – The area around the eyes tends to show signs of aging, appearing dry, devitalized and wrinkled sooner than the rest of the face. Therefore caring for the area around the eyes can make the most significant improvement in appearance, keeping you looking fresh, healthy and attractive. The eye area has the most sensitive skin. It is essential to use a quality eye cream that is free of harmful synthetic ingredients.Specific concerns:dark circles – under the eyes can make you look tired, devitalized or older. Although this is more likely related to nutrition, digestion or stress, there are safe plant ingredients that can blended in eye creams to help dissipate the dark circles.aging skin – may appear dry with fine or deep wrinkles and lacking good tone and elasticity. The key to restoring your skin’s appearance is care with products that will replenish and revitalize your skin. The 3 simple steps that have been outlined above are designed for this purpose.dry- sensitive – often feels tight and can flake. Should not be treated with harsh cleansers, harsh exfoliates or astringent products, as frequent use of such products will interfere with the skin’s natural oils that are essential to healthy skin. Basic care with soothing, replenishing and balancing (1) cleanser, (2) after shave toner and (3) moisturizer will restore your skin to its proper health and balance.oily skin – typically shiny, greasy, may have visible pores and be acne-prone. It is important to use a mild yet effective facial cleanser. Many cleansers are harsh and strip your skin of its natural oils. This dries the skin which in turn causes increased oil production.combination skin – characterized by an oily T-zone, forehead, nose and chin while other areas are normal or dry. Balancing and conditioning the skin is the essential focus for this skin type. Basic care with soothing replenishing and balancing (1) cleanser, (2) after shave toner and (2) moisturizer will restore your skin to its proper health and balance.breakout prone – Besides keeping oil production in check it is important to keep your pores toned (tight) to prevent trapping oil and dirt. A quality Dead Sea Mud mask can be effective for toning enlarged pores. It will also cleanse deep, it is without drying, and condition the skin leaving it smooth and revitalized.blackheads – Ask Eve to send you her blackhead removal process. Follow this up with regular dead sea mud masks to keep your pores toned to help prevent new blackheads from forming.The beauty of working with nature’s plants is that when chosen properly specific plants have an extensive range of benefits. It is as likely for one plant to assist dry skin as it is to assist oily skin to find its proper balance while at the same time be beneficial for normal skin. Additionally, a plant that is known for its sebum balancing properties may also specialize in toning, softening or improving the circulation of the skin. As unusual as this may seem, this is just one of the many advantages of working with plant ingredients.

Tips to Become a Widely Loved Fashion Blogger

Creating your own fashion blog can be the easiest and at the same time, the toughest of all writing assignments. The task can be both intimidating at times and exciting too. There is probably no other subject on earth that makes you as jittery as the subject of fashion when you start creating a blog dedicated solely to the aspects of looking great.Do Not Focus Solely on Earning Money: Like most of the other bloggers, fashion bloggers are also allowed to make money through proper marketing of their blogs. But, earning money should not be the sole purpose of the blog. A number of fashion blogs these days are interested in generating revenue through advertisements of different fashion brands. This makes it way too difficult to build a heart to heart connection with the readers.Invite The Reader to Your Fashion World: People do not visit a fashion blog just to check out what clothes the bloggers are wearing. They want to have a complete fashionable experience by receiving knowledge about what they should wear and why. Moreover, the visitors would like to get into the complete runway fashion experience or would love to imagine themselves to be in the part of the world that a particular trend of fashion belongs to. This is the best way to gift the ordinary blog readers with a nice “almost” fashion show like experience without intimidating their taste for fashion. In fact, that is what most of them turn to a fashion blog for.Engage The Readers with Excellent Write-ups: It is true that the nice and catchy photographs are prerequisite to bringing more traffic to your fashion blog. That does not mean you can forget keeping an eye on the quality of posts on your blog. Remarks interwoven with witty and intelligent fun keeps the readers hooked and makes most of them coming back, again and again. No matter how beautiful the images are and how much your knowledge and sense of fashion helps the visitors, you cannot expect them to wait for a few minutes before leaving, until the information in black and white does not seem to be enlightening and appealing enough.Reach Out to Readers by Imparting Confidence: Fashion blogs are a tad different from the usual fashion magazines and the lifestyle channels on television. Writing for fashion blogs is beyond mere advising about what to wear and what not to. But, the readers love to see in the fashion blogs how ordinary people actually dress. Unlike, popular fashion magazines and TV channels, such blogs tell its target readers how to wear whatever they want to, confidently. Some widely popular fashion magazines cannot impart the same confidence that the wearer needs to carry along with the dress.Do Not Suggest Buying Expensive Products: The dream of buying expensive clothes, accessories, bags and shoes from big fashion labels often pursue people to end up adding them to their stock. Still, a large number of people cannot afford such brands. Does that mean, those people cannot really reach out for what is called fashion in true sense? Fashion bloggers can bridge the gap by relying equally on low-budget products as they do on expensive brands.Image is The Heart of Fashion Blogs: High quality photographs are a must for the success of a fashion blog. Fashion is one subject, blogs on which requires to cater to the ocular sensory nerves a lot. So, it becomes very important for the blogger to look for the right kind of pictures to validate the subjects of blog-posts. The readers will definitely like to have a look at what they are being suggested to wear. It is very important to put up very clear and professionally taken photographs that will also help them visualizing themselves in such clothes. It is very important for the blogs to become fashion inspirations for the readers. Otherwise, they will not come back to the blog again.Creating a fashion blog involves loads of diligent efforts to make people believe that they can look fashionable even in the most low-priced and ordinary clothes already present in their closets. So, make them understand that there is no need to burn a huge hole in their pocket to look fashionable. It is their confidence and attitude that can make all the difference.