Wednesday, June 27, 2012

S&P500: Will It Sell Off On Obamacare Ruling?

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Investors are waiting for the historic ruling on Obamacare, officially known as the Affordable Care Act, which is widely expected to come down on Thursday.

ITZ believes the most likely outcome, that the Supreme Court ruling will strike down the individual mandate - the requirement to buy insurance - but keep most of the legislation in tact. A bearish outcome for stocks.

One way to hedge a decline is via Proshares Ultra ProShort S&P500 >>CHART
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