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Pharmacy technicians are one of the leading professionals in the health care division. They usually undergo complicated tasks than the pharmacy aides. Their job is to provide information regarding medicines to patients, regarding the dosages, effects, and after effects. They not only give instructions to patients, but also look after almost every function in the pharmacy store. Pharmacy technicians should not give medicines without proper consultation with the pharmacists.A licensed pharmacy technician is the one who advises his patients. There are pharmacy technicians who get trained only on the job, but many pharmacists entertain only licensed technicians. Licensed pharmacy technicians are helpful as they are aware of the medicines and their side effects. The responsibility of pharmacy technicians varies according to the location. They take care of the shop on a whole like attending telephones, preparing bills, book keeping, handling cash and stock maintenance. Invariably, they are allowed to do all the routine works of the shops. In some places, he takes charge of the prescriptions and gives guidelines on the medications.Pharmacy technicians are certified as Certified Pharmacy Technicians (CPhT) by the Pharmacy Technician Certification Board. They should pass out the National Pharmacy Technician Examination. Candidates with high school diploma and GED (General Equivalent Diploma) are eligible for this examination. Pharmacy technicians are also given training in some hospitals, technical schools and colleges.Pharmacy technician should be strong in mathematics, spelling and reading. They should be able to read and assess the prescribed medicines immediately. They should be very active and alert to attend the needs of the patients and also in instructing the dosages specified in the prescription. Their communication skills and the quality of interacting with people should be good. This quality of interacting and communicating effectively with patients will help them in their profession. Pharmacy technicians are expected to handle all types of people skillfully.Pharmacy technicians will be the most sought for people in the future. They can work in hospitals, private clinics, health centers, pharmaceutical stores, groceries, departmental stores and so many other places. The job opportunities are bright for them. The salary ranges from around $8 to $18 per hour. They will be in much demand as the population is increasing. The more the increase in population, more will be the requirement of medicines. Simultaneously, the requirement of medicines will promote the necessity of more pharmacy technicians.

Summary
SPDN is not the largest or oldest way to short the S&P 500, but it’s a solid choice.
This ETF uses a variety of financial instruments to target a return opposite that of the S&P 500 Index.
SPDN’s 0.49% Expense Ratio is nearly half that of the larger, longer-tenured -1x Inverse S&P 500 ETF.
Details aside, the potential continuation of the equity bear market makes single-inverse ETFs an investment segment investor should be familiar with.
We rate SPDN a Strong Buy because we believe the risks of a continued bear market greatly outweigh the possibility of a quick return to a bull market.
Put a gear stick into R position, (Reverse).
Birdlkportfolio

By Rob Isbitts

Summary
The S&P 500 is in a bear market, and we don’t see a quick-fix. Many investors assume the only way to navigate a potentially long-term bear market is to hide in cash, day-trade or “just hang in there” while the bear takes their retirement nest egg.

The Direxion Daily S&P 500® Bear 1X ETF (NYSEARCA:SPDN) is one of a class of single-inverse ETFs that allow investors to profit from down moves in the stock market.

SPDN is an unleveraged, liquid, low-cost way to either try to hedge an equity portfolio, profit from a decline in the S&P 500, or both. We rate it a Strong Buy, given our concern about the intermediate-term outlook for the global equity market.

Strategy
SPDN keeps it simple. If the S&P 500 goes up by X%, it should go down by X%. The opposite is also expected.

Proprietary ETF Grades
Offense/Defense: Defense

Segment: Inverse Equity

Sub-Segment: Inverse S&P 500

Correlation (vs. S&P 500): Very High (inverse)

Expected Volatility (vs. S&P 500): Similar (but opposite)

Holding Analysis
SPDN does not rely on shorting individual stocks in the S&P 500. Instead, the managers typically use a combination of futures, swaps and other derivative instruments to create a portfolio that consistently aims to deliver the opposite of what the S&P 500 does.

Strengths
SPDN is a fairly “no-frills” way to do what many investors probably wished they could do during the first 9 months of 2022 and in past bear markets: find something that goes up when the “market” goes down. After all, bonds are not the answer they used to be, commodities like gold have, shall we say, lost their luster. And moving to cash creates the issue of making two correct timing decisions, when to get in and when to get out. SPDN and its single-inverse ETF brethren offer a liquid tool to use in a variety of ways, depending on what a particular investor wants to achieve.

Weaknesses
The weakness of any inverse ETF is that it does the opposite of what the market does, when the market goes up. So, even in bear markets when the broader market trend is down, sharp bear market rallies (or any rallies for that matter) in the S&P 500 will cause SPDN to drop as much as the market goes up.

Opportunities
While inverse ETFs have a reputation in some circles as nothing more than day-trading vehicles, our own experience with them is, pardon the pun, exactly the opposite! We encourage investors to try to better-understand single inverse ETFs like SPDN. While traders tend to gravitate to leveraged inverse ETFs (which actually are day-trading tools), we believe that in an extended bear market, SPDN and its ilk could be a game-saver for many portfolios.

Threats
SPDN and most other single inverse ETFs are vulnerable to a sustained rise in the price of the index it aims to deliver the inverse of. But that threat of loss in a rising market means that when an investor considers SPDN, they should also have a game plan for how and when they will deploy this unique portfolio weapon.

Proprietary Technical Ratings
Short-Term Rating (next 3 months): Strong Buy

Long-Term Rating (next 12 months): Buy

Conclusions
ETF Quality Opinion
SPDN does what it aims to do, and has done so for over 6 years now. For a while, it was largely-ignored, given the existence of a similar ETF that has been around much longer. But the more tenured SPDN has become, the more attractive it looks as an alternative.

ETF Investment Opinion

SPDN is rated Strong Buy because the S&P 500 continues to look as vulnerable to further decline. And, while the market bottomed in mid-June, rallied, then waffled since that time, our proprietary macro market indicators all point to much greater risk of a major decline from this level than a fast return to bull market glory. Thus, SPDN is at best a way to exploit and attack the bear, and at worst a hedge on an otherwise equity-laden portfolio.