Direxion Daily Small Cap Bear 3X Shares (:TZA)

Strategy Session March 25th, 2015

View Entire Video (30:13)
Strategy Session
March 25th, 2015
   00:17
Bands Volume 200 SMA 50 SMA 20 SMA Videos Alerts Articles Events
TZA Weekly Chart

Old Forum Content for TZA

Make a Forum Post
Become a member to view recent forum posts. Already a member? Sign in here.
Loading...
  • bigbartabs: $SDOW $SPXS $SQQQ $TZA ... the 4 major index shorts (1x and 3x ETFs) hit their lows yesterday before the drop... and now higher. I'm not much of a short trader, but might be tickers to watch if we truely have reached a top... with the next phase down... FWIW
  • natural: The inverse Natural play is in effect - to ensure $TNA continues to march higher, I have purchased 1 Dec 29 $TZA $20 call for $.55. My gift to the board this holiday season. You can thank me later.
  • Firemedic: @wineinquirer $AMZN $ELF $AMZN $AMZN $TNA $TZA $BYON $BYON $BYON $DNUT $NFLX $ARDX $NXT $ARM $INDIA $INDA $VKTX $KLG $VKTX $KLG $ARDX $AAOI $CCJ $ARM $ARM $ARM $ARM $LULU $LULU $LULU $LULU $LULU $LULU $TNA $UPRO $WFRD $ARIS $VIX $VIX $SPY $QQQ $VIX $ ...
  • vitoB: @vitoB $IWM Sliced through it. But out of half of my $TZA anyway
  • vitoB: Out of the rest of $TZA and into $CLSK. $CPE
  • vitoB: @DavidK $QQQ $KRE agree. Too fast. $TZA for me, Nice turn. Those who HAVE to buy look like they might be done. Anyone who doesn’t like shorts or puts. You could go $XLE or $UNG as hedge
  • vitoB: All out of $RUN for now and only 1/3 left of $NET which I don’t want to sell. Actually takin some $TZA as we catch our breath
  • woodman: $LABD $TZA near highs of the day.
  • vitoB: Potential blow off candle at 10 am on a Friday. Makes total sense to me, I’ve turned to fading but only on a dtrade basis. Can’t see how blowing through a key level on a Friday is very healthy$TZA and $FAZ. Still long 1/4 $MS but out of $META $ON $FTNT 59er
  • champ: $SQQQ $TZA $FAZ....check-out these ETF's.......
  • champ: @champ $SQQQ $TZA $FAZ....I'm #not going to swing.
  • vitoB: done with my $TZA . its also been underperforming the other 3x bear etfs to pick from. so dont think ill use this on the current drawdown. added to $LPG
  • vitoB: out of most of $CTRA as it ran alot for one day. just bouth some $TZA
  • champ: $UVXY $SQQQ $SDS $TZA....looks like they are all moving together, so Traders only need to hold one......I picked $UVXY and it sure looks like I will be adding........
  • woodman: @champ $UVXY $SQQQ $SDS $TZA - $LABD leading the way.
  • woodman: @champ $UVXY $SQQQ $SDS $TZA - $FNGD working well too.
  • champ: @woodman $UVXY $SQQQ $SDS $TZA.....Yes the race is on and $UVXY is closing the Gap....$LABD $FNGD...LOL
  • woodman: @champ $UVXY $SQQQ $SDS $TZA $LABD $FNGD - I was just at the Saratoga Springs horse races on Saturday. I feel like I'm back there. :-)
  • vitoB: dumpin 3/4 of the $TZA swing and 1/5 of the $SOXS position
  • vitoB: @vitoB $TZA $SOXS j.....out another 1/5 of $SOXS
  • champ: $VXX $UVXY $FAZ $SQQQ $SDS $TZA....as we can see Traders and Investors are both looking for Market Direction....and for Now, these short ETF's are just holding their current price levels, they also just seem to be waiting for direction. For now... $UVXY is my only position this morning and it is seems to be stuck at at around $20.30, so far just a little stormy weather.
  • vitoB: $TZA just got above the midline, high rates short small caps kinda august? lotta above average green volume bars last week
  • vitoB: $TZA dtrade stop at LOD
  • vitoB: @vitoB $TZA ..try it again here
  • bigbartabs: @champ $SQQQ $SDS $UVXY ... I've been short ALL DAY $SDOW $SPXS $SQQQ $TZA . Just keeps inching up. I too may swing some if strong negative close.
  • champ: @bigbartabs $SQQQ $SDS $UVXY $SDOW $SPXS $TZA ....I just took profits on the turn but I might get back-in on or near the close, it all depends, on the action....they seem lazy.
  • champ: $TZA....LOD was at $21.98......
  • champ: $SQQQ is at $17.30......$SDS is at $32.75......$TZA is at $23.10........ $VXX is at $24.00.....$GUSH at $133.00.....$FAS at $72.00..... ~~could maybe Watch these ETF's for Market direction....... ....Plus $JNJ at $168.10.....$LMT at $456.50......
  • champ: @DougL....Yes I agree.....Watch the $VXX and the $SQQQ for Market direction, going into the 3rd Friday of the month.....the Markets are just Now today, starting to get #Nervous and that usually happens on a Thursday, before the 3rd Friday-of-the-month...... the #guess, the prediction is .......... ....Wednesday could turn out to be a Zig-zag-day........ ....Thursday could turn out to be a Down-day....... ....Friday could turn out to be a Nasty-day..... looks like the Markets are setting-up for the Shorts....... $VXX $UVXY ..$SQQQ..$SDS..$TZA..and others. ~~~ Work accordingly, could work off of what we #See and maybe Not what we Think.
  • champ: FWIW.....$QQQ was at $382.75 and $FNGU was at $219....and it looks like everything is going to #start to take a Break....and maybe run around/zig-zag around these current high Price-levels....and the #highs could be in, as the markets build a new base....and now usual, Timings are back-in play now.....$MSFT $NVDA $AMD $AMZN....for both Entries and Exits. ....At this point for me, direction is unknown, as most all the large players are at new ATHighs and the guess is, they need to drop before they can move-up again. ....$SQQQ....I'm now starting to watch short ETF's....$TZA $DRIP/$ERY $SDS $VXX/$UVXY and others. ~~~ $TSLA $SQQQ, as of now I'm only holding these 2 spec positions, Day-trading and I'm Trailing both......basically I'm now out of the Markets for a while, I'm out of all of my swing positions, I took profits.
  • bigbartabs: @champ $TGIFriday ... yes, short covering... $TZA is now down 6%. Russell 2000 an impressive fall, then bounce today.
  • champ: @bigbartabs $TGIFriday $TZA....Exactly....and I also covered in the PM....this might continue, rolled over to $TNA.
  • bigbartabs: @champ $TGIFriday $TZA $TNA ... I have a pretty big $TNA position... as well as $TQQQ. May be back in $SPXL too, if $SPX keeps pushing up. I sold too quick at the open when SPX fell below the 8dema.
  • champ: @scottrades .......I will #Re-Cap my week.......#Thanks however I didn't really do very much after Mondays 1/2 day session. .....I took profits on all my swing positions and I ended the day on Wednesday with only 2 short positions, $TZA and $SDS positions left, going into Thursday mornings News....and I took profits on both this morning in the PM. .....I was mostly just sitting on my hands this week, until this morning, then I started moving Back into stocks, with new Day-trades, that didn't turn into new swing positions.....because when the Markets started to turn lower, I took profits, then on the close, I did get back into 2 positions. .....Plus on $LBRT...I started this position back in May and I ended the week with 5-positions. However I ended the week with a nice profit, so I'm feeling lucky about that. Take Care!
  • champ: @bigbartabs $SPY $SPX $NDX $DJI $RUT........$TZA $SDS....these were my only 2 Spec swings......Now add on are in play for me..... .....plus SQQQ and $VXX or $UVXY are in play.........
  • bigbartabs: @champ $SPY $SPX $NDX $DJI $RUT $TZA $SDS $VXX $UVXY ... 40 minutes after the hour will likely tell if we get a market level bounce or not.
  • champ: @bigbartabs $SPY $SPX $NDX $DJI $RUT $TZA $SDS $VXX $UVXY....Yes..could be, more or less running Flat, for now on $TZA $SDS and the other short ETF's.....Watching for short ETF-targets, however maybe only for Day-trades, can't swing Risk into the Payroll-numbers in the morning.......because could go either way....... .......and the best swings today, might be No-swings. LOL
  • champ: @psa512....Maybe have to think about this, as being Day-1 and there is more Market-moving News-pending, on Day-2....and even more also on Day-5...(the CPI) and then on Day-6, (the PPI)...... .....so Now....is the Snow-ball starting to Roll-downhill...and if it is, I'm sure Not going to stand in front it, for sure I'm not going to get in the way. $VXX $UVXY $SDS $SQQQ $TZA....however I have other things that I might be doing....and for now I'm still swinging these Specs again.... $TZA $SDS..... .....and I'm also Day-Trading, anything thats that real happy to finally be Green again. ~~~~However I'm Now thinking, that Patience is the new Play.........
  • champ: $TZA..$26.80 this is a short small cap ETF, ...small cap is dropping this morning..........
  • bigbartabs: @champ $TZA ... yes, I've got an alert set for reaching above the 8dema
  • champ: @champ $SQQQ $SDS......$TZA.
  • bigbartabs: $TZA ... Russell 2000 Small Cap, short... right at the 8dema
  • bigbartabs: $RUT $IWM $TNA $TZA ... might be starting to see a reversal of small cap... could be time to watch TZA.
  • vitoB: cant help fade for a little bit. $TZA ...its flat lined for the last 5 mins just a quick trade lookin for a little pop
  • natural: @vitoB $TZA I'm with you on this one. Stop LOD. Best of luck!
  • vitoB: Fade trade. Pick ur flavor $TZA $FAZ $SOXS. Anyone gets back to HOD to reduce risk.
  • vitoB: @vitoB $TZA $FAZ $SOXS LOD for tickers Hod for markets
  • champ: @woodman $TSLA ....We are in a Market from Hell and today the Markets are in a Free-Fall, everything is going down and I would say that the worst Leader-Awards should be given to all of our leaders in DC and the Feds are right up there on the Top of the List. $SQQQ $SDS $TZA $UVXY.......these are working.
  • jwstich: @champ $TSLA $SQQQ $SDS $TZA $UVXY Agree champ. Is it time to invest in Ukraine (if that"s possible)? Looks like that is where America wants to invest.
  • champ: @jwstich $TSLA $SQQQ $SDS $TZA $UVXY....It sure seems like that they just keep spending our $$$ because they don't know how to handle problems, before they happen and this is just another Terrible...Horrific event, that they said wasn't going to even happen......and we all saw, all those Russians on their border...and it wasn't going to happen....because it was also only Transitory.
  • vitoB: yea thats enough. back to $TZA swing. stop at 35
  • vcondry: @vitoB $TZA I like it..never bad to have some bearish insurance...piggyback'n you with a trailing stop.
  • marklesparkle: @vcondry $TZA ditto
  • vitoB: @marklesparkle $TZA sellin some to buy back a lil lower
  • vitoB: $TZA back in on the fizzle. hedgefunds that missed the turn are gonna find some reason to push down Mr softee or abc soup
  • natural: @vitoB $TZA I'm with ya here. Gonna be a quick one, though!
  • vitoB: $TZA for a quick “return to senses feeling before the weekend”
  • vitoB: @vitoB $TZA … that’s enough for me… this could keep going but when you get a quick 3% you take it off
  • champ: @vitoB $TZA is at $43.60 ....and for now the #question is....will the Shorts swing their positions into the Weekend, it is #TGIFriday, so they could cover, is one of many guesses. .....$SSO is at $40.85.... .....$TQQQ is at $20.35.... .....$LABU is at $7.50..... .......Traders are #always at Work and the game is always the same, the Bulls vs the Bears and there will be both winners and losers on the close today, for sure, however it is still too early to know which team is going to win. Traders are really active, placing their bets....everything is really dancing around. LOL
  • Explorer: Short ETFs -- $DRIP $ERY $JDST $TZA $EDZ $SQQQ $DXD $EFZ $SH -- all up today
  • traderbren: @Explorer $DRIP $ERY $JDST $TZA $EDZ $SQQQ $DXD $EFZ $SH - I took the majority of my shorts - puts - off yesterday as I didn't want to be a total pig. Personally, I think we might be setting up for another bear market rally in the near term before we head lower again.
  • vitoB: ran through my lists yesterday with a filter of tickers that did not eclipse Tuesday's lows yesterday, and above the 50dma.: $SAND $KGC $AG $NET $DRI $EAT $AVAV $WOLF $TTD $ARHS $LAZR most shocking was $LAZR completely not profitable but there was an article and the short intest is pretty high. and quite a few miners...@scottrades any interest in $SAND or others at these bases? $NET and $KGC are my favorite of the bunch. but $DRI has earnings out now so more juice today. still long $ARRY $PLAB $CPG and in and out of $SOXL and $TZA
  • vitoB: out of $TZA. into $SOXL, just a quick flip, could be a huge red day but, when this much red expect some reprieve
  • scottrades: @vitoB $TZA $SOXL Nice trade Vito.
  • vitoB: @vitoB $SAND $KGC $AG $NET $DRI $EAT $AVAV $WOLF $TTD $ARHS $LAZR $ARRY $PLAB $CPG $SOXL $TZA if anyone interested in a pure spec play,. That $LAZR total turn around but lows of day are small stop risk, highly speculative trade
  • vitoB: @champ #Computerized-trading #professional-flippers #TGIFriday I’m with ya. Got lucky in my exits today in $TSLA and added $TZA. Just for a red open day tomorrow. Went back and from my eye the big second drop seem to align with his “plan for the worst, hope for the best”. Monday I think sets up to be a flush out cadence
  • champ: @vitoB $TSLA $TZA #Computerized-trading #professional-flippers #TGIFriday....Yes it sure looks that way....and this Flush out has been on-going......and as you and I both know....market confidence is in the toilet and today sure confirmed, that many more might start to jump-ship. My only tech stock was $AAPL and this apple is starting to turn rotten.
  • vitoB: @champ $TSLA $TZA $AAPL #Computerized-trading #professional-flippers #TGIFriday nice
  • vitoB: $TBT and $TZA lets go. $HYG below 100dma and bitcoin down big. Have been leading broader markets in the past. I’m short
  • vitoB: Yep sold 75% of my $UBER and $ETRN before earnings. Good risk management but … D’oh! Still bigly short $QID and $TZA. Thanks Pelosi. Markets have held up but there will be fed officials that start walking back a pivot after this post meeting IMO
  • vitoB: Still down and this could be a bad decision. But market is turning as commodities recover. Even with 10 year lower and dollar lower. This is stagflation problem. I’ve never been more short this year than now. $TZA and $QID. Don’t short strong markets but this is a last day of month Friday before august in overbought territory. …also energy turning into nice hedge on tech
  • Docoof: @vitoB $TZA $QID Re: Energy turning into hedge. $XOP today crossed above the 50d sma and thus is now above all its major SMAs.
  • champ: @vitoB $TZA $QID....Repositioning on Options ...happens on the 3rd Fridays of every month.....it used to be Buy on the End of the Month..... .....however it is Now follow the #News....and then decide. ~~~ However.....Remember the Trend is you Friend....off of the current News flow....and the Markets, they never care what we think. Always Trail....with Safety-Trailers.....but Never wait for your trailers to take you Out....of any Hope-Trades... because Investors and Traders can always #Add-Back. Never buy anything that is dropping because that will take you Out of this game forever.....always buy on Green Bars. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
  • issues: Is anyone holding bear etfs? $SQQQ looks like an interesting chart. The others include: $TZA (sm cap), $FAZ (finance) $ERY (energy) $SPXU, $SRTY, $SPXS $SOXS, $SDOW, $SDS, x2 The best time would be during the mid to end of August to be entering these, right?
  • champ: @issues $SQQQ $TZA $FAZ $ERY $SPXU $SRTY $SPXS $SOXS $SDOW $SDS......Click $SQQQ to see, I was Day-Trading it today, along with $SDS $UVXY and I also had a short $XOP.....
  • vitoB: @vitoB $PTON NO umph at resistance. lightening up ...moving to $TZA on a Bullard's bear show profit taking excuse
  • vitoB: Lightening up on $TZA into the close
  • vitoB: out of all the $TZA from last night, lookin at $MU and $RUN
  • vitoB: $TZA for an overnight swing, small size
  • vitoB: aw man, imagine a market where algos stop selling... i regretted this 4/1, so I'm going to continue to take profits today and reflexivly buy some $TZA before close....current plan
  • vitoB: inverse ETF's $TZA, $SDOW, $QID at bottom of channels...big day
  • bRobert: @issues $TZA $FAZ $SDS $SDOW $SQQQ $SOXS $SPXS $FAZ $32 target Beat bought on pullback /bounces
  • Pokersmith: @issues $TZA $FAZ $SDS $SDOW $SQQQ $SOXS $SPXS Don't do it ! That ship has sailed .. Need a pullba k to support ...THEN maybe consider it...
  • issues: I am considering buying some of the bear etfs: $TZA $FAZ $SDS $SDOW $SQQQ $SOXS $SPXS. So that must mean the market is ready to turn up, right? The best would be SQQQ up 17% in less that 10 days. Followed by SDOW 16% then FAZ 14%. They look like they are at the same high as in last Friday just before they descended. Maybe it's time for them to come down and the market to go up?
  • Pokersmith: @issues $TZA $FAZ $SDS $SDOW $SQQQ $SOXS $SPXS potential to " SHORT the SHORTS " With a tight stop ☝️
  • issues: @Pokersmith $TZA $FAZ $SDS $SDOW $SQQQ $SOXS $SPXS OK, I'll wait for a pull back. Thank you for your posts Pokersmith.
  • champ: @issues $TZA $FAZ $SDS $SDOW $SQQQ $SOXS $SPXS.....Yes sir....and everyday I keep thinking how low can we go....and just about everyday the Markets keeps dropping and the size of these daily markets drops are really surprising...... The $SDS is now at $50.30.... $SQQQ is at $62.50.... $UVXY is at $17.25......... ~~~~ Day-Trades are still dancing around...... I hear you, however don't have to swing and many keep guessing that turn will happen soon and everyday they keep saying.. soon and the only thing that I know is...... .....for sure.... I don't know when the Markets are going to get some type of positive News, that is #Trade-able. LOL ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
  • mariner: @issues $TZA $FAZ $SDS $SDOW $SQQQ $SOXS $SPXS Bought modest positions (100 sh each) $SDS and $SQQQ a week or so ago with idea that I would buy more if they fell back to 50DMA, but they never did. Now I wonder whether it is too late to add. If I do, no doubt the market will take off. If I don't, the market will continue to drop like an anvil. What to do? I'll kick myself for exercising restraint and not buying more--but at least I'll be happy I've got some.
  • champ: @bigbartabs $DJI $SPX $NDX $RUT ....$UVXY $SQQQ $TZA $SDS $LABD $FAZ....these ETF's cover just about everything.
  • champ: $UVXY...is up plus 9%....$SQQQ is up plus 4.9%.....$LABD is up plus 4.9% .....$$SDS is up plus 3.5%....$TZA is up plus 5.7%...... .....#expect zig-zags....and the close will be in play today....could even move lower....so the #guessing continues.
  • champ: $TZA ....HOD and this is a small cap short ETF...
  • woodman: Had to figure going into a Friday with a raging war that the markets wouldn't be happy and folks wouldn't want to be long (except in the obvious sectors that are working in these conditions). $SQQQ $TZA $LABD $SPXS $FAZ
  • vitoB: @joelsg1 $SSO $TNA actually lookin at hedging $TZA right now for a little bit against longs
  • vitoB: @Pokersmith $SQQQ ugh closed the $TZA hedge at 3:58 lol
  • woodman: $TZA
  • agiaccag: Closed $SQQQ, $TZA took my profits from this week. I suspect we get a bounce this morning. I'll go into weekend on sidelines. Holding $GLD, $GDX, $SLV longer term swing trade. Watching #bitcoin maybe a tradeable bounce in $MARA today . we'll see. NP
  • woodman: $IWM losing grip on tree branch. See $TZA.
  • agiaccag: @woodman $IWM $TZA Been in TZA for a couple of days. Swing trade. nothing big. just staying entertained while most of my accnts are on sidelines. Added when IWM failed at 208 ish. probably should have posted then. also in SQQQ . moving up stops on partial.
  • woodman: @agiaccag $IWM $TZA - Good move
  • agiaccag: @woodman $IWM $TZA Did not expect this flush. taking some profits at R2.
Visit the Trading Forum to join in the discussion.
Stock Price $19.95
Change -3.06%
Volume 14,149,000

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 2000? Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000? Index, representing approximately 10% of the total market capitalization of that index. The fund is non-diversified.

Request Video of TZA
Already a member? Sign in here.
Past Month

Leading Peers

Past Month

Lagging Peers

Dan Fitzpatrick

Stock Market Mentor gives you EVERYTHING you need to succeed in the market; all in one place. How easy is that? Dan Fitzpatrick and his elite community of traders share trading ideas, strategies and much more. Dan Fitzpatrick--a world class Technical Analyst, trading coach and regular CNBC contributor--gives you access to all of this with a 30 day trial membership for just $7.77. Get started TODAY and start trading better TOMORROW with the following premium content:

  • Nightly video Strategy Sessions with a game plan for tomorrow
  • Got a stock you want Dan to look at? Just ask.
  • Patent pending video alerts instantly delivered to you when one of Dan’s trading signals is triggered. This is not your typical price alert. This is a short video explaining the action you need to take to make money. No more “Woulda, coulda, shoulda”
  • Access to over 90,400 stock analysis videos
  • Access an ever expanding library (90,400) of educational videos that will save you time and make you money

Join a team of friends and traders that have one thing in common; a burning desire to succeed.

Become a Member Today!

Gain immediate access to all our exclusive articles, features, how-to's, discussion group and much more...

Satisfaction Guaranteed!

Your Stock Market Mentor membership comes with a 30 day, no questions asked, 100% money back guarantee!