A.I.M. Users Bulletin Board

[SFSecurity]

Hi Gang, I've been using World Stock Report on my cell phone. I've put a whole bunch of stocks, indexes and ETF/ETNs for me to watch.

Recently I noticed an interesting action on the part of two ETFs, DRV, Drexion Daily Real Estate Bear 3x and DRN, Drexion Daily Real Estate Bull 3x. The two almost perfectly match their moves but in opposite directions. On down market days DRV is up and DRN is down, like today, 12/21/2016. DRV up 4.17% while DRN is down 4.28%.

By comparison VIX and its inverse, XIV, don't always move in opposite directions. Today VIX is down 1.57% and XIV is down 1.91%.

The DRV/DRN differences has been pretty consistent over the last couple of months and might provide a signal if the market changes direction rather than bouncing around in a fairly narrow range.

The VIX/XIV has been nowhere near as consistent over the same period of time.

Best,

Allen