A way to protect your portfolio is to keep the strong "long" position and use the extra cash to go "short". In this way you protect the long position in case the market goes down because you make money with the short position.
The ETFs provide a simple way to implement this strategy. I recommend not to use the so-called ultra-short. These ETFs rise or decline twice as fast as the market. Too much risk for my taste.
A partial list of simple inverse ETFs: PSQ, SH, DOG, MYY, RWM, and SBB. Choose those with the highest volume so it is easy to get in or out of a position.
More, much more when you subscribe to The Peter Dag Portfolio on https://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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