A day for Zombies and Vampires?

By: ispeculatornew
Date posted: 05.21.2010 (4:10 am) | Write a Comment  (3 Comments)

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It was a day for the bears, the Zombies and the Vampires, a day where blood was everywhere.

“Investors are losing confidence,” said Robyn Hsu, who helps manage $3 billion at Capital Investment Trust Corp. in Taipei

Unlike the flash crash that we experienced ten days ago or so, this one was slower and more painful. With the global economic picture still a major worry to investors around the world, investors around the world are looking at Europe trying to figure out how serious the situation over there is going to end up being.  Yesterday was a good day to own bonds, be short the market or even better, be long leveraged short ETF’s…  We decided to take a look at the ETF’s that performed the best in yesterday’s action. Let’s be honest, it is probably not the last black day that we experience, and today’s action could be violent as many will hesitate to own long positions going into the weekend…

Before giving out the whole table, here are the charts of the top ETF’s in today’s action! As you can see all the top ones are leveraged short ETF’s except for VXX, the long volatility ETF!

#1-DRV +15,51%

#2-SRTY +15,26%

#3-TZA +15,18%

#4-EDZ +14,75%

#5-VXX +14,14%

Here are the top 50 Bear ETF’s that performed best in yesterday’s crazy markets:

TickerNamePricePE RatioPE Next YearReturn YTDSales GrowthBook ValueBetaRevenue/ShareSales 5Y Avg Gr.EPS 5Y Gr.           
NILEBlue Nile Inc34.0638.2329-9.45.2210.8438.9910.394.54
TRIPTripAdvisor Inc69.6945.6230.95-18.4931.99.21.558.7124.67N/A

And for those wondering, these were the worst 20 ETF’s to hold in today’s action…hoping none of these names are familiar to any of you!

TickerNamePricePE RatioPE Next YearReturn YTDSales GrowthBook ValueBetaRevenue/ShareSales 5Y Avg Gr.EPS 5Y Gr.           
NILEBlue Nile Inc34.0638.2329-9.45.2210.8438.9910.394.54
TRIPTripAdvisor Inc69.6945.6230.95-18.4931.99.21.558.7124.67N/A