Let's adjust stop-loss levels on ZSL and DZZ.
I think it makes sense to secure some gains now by tightening up stop-loss levels on two positions: ProShares UltraShort Silver Fund (ZSL) and PowerShares DB Gold Double Short ETN (DZZ).
Here is what I suggest you consider doing now:
ZSL (Last price: $66.71)
CANCEL AND REPLACE your order to sell all your shares of ProShares UltraShort Silver Fund, symbol ZSL, at $50.85*, STOP. New price: $64.86, STOP; this order is good till cancelled.
(*Note: ZSL underwent a 5-for-1 reverse stock split so the original stop-loss recommendation price was adjusted accordingly. No adjustments need to be made for the new stop-loss price recommended today; just cancel and replace the old stop-loss with the new stop-loss.)
DZZ (Last price: $5.20)
CANCEL AND REPLACE your order to sell all your shares of PowerShares DB Gold Double Short ETN, symbol DZZ, at $4.37, STOP. New price: $5.06, STOP; this order is good till cancelled.