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CNBC Power Lunch October 1, 2014

The russell 2000 is now in correction territory down 10 from the july high down about 1. 1 on the trading session. That sent money down in the bond market but it is significant to note the yield is 2. 41 . Transportation average down almost 200 points to the down side. A bit of a bounce in the crude market perhaps not a surprise how it was crushed yesterday. Up about half a percent on brent. And if you were ahead of the drop today and you bought inverse etfs you are doing pretty darn well. Lets take a look at that board. Psq is inverse of the nasdaq 100 and shorting mid caps you buy myy. It sounds like morse code. It is another language for a lot of investors. When you talk about the inverse etfs these outperform because they give positive returns when the market goes down. It is a vehicle for traders. When you talk about right now if you look at the overall picture for stocks those etfs are on the upside. This trade today you noted about the dow industrials. We are at session lows dow

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