SQQQ

ProShares, a premier provider of ETFs, announced today forward and reverse share splits on 22 of its ETFs. The splits will not change the total value of a shareholder's investment. Forward Splits ProShares will implement forward splits for eight ETFs at the following split ratios: Ticker ProShares ETF Split Ratio QLD ProShares Ultra QQQ 2:1 SSO ProShares Ultra S&P500 2:1 LTL ProShares Ultra Communication Services 4:1 DDM ProShares Ultra Dow30 2:1 UDOW ProShares UltraPro Dow30 2:1 TQQQ ProShares UltraPro QQQ 2:1 USD ProShares Ultra Semiconductors 2:1 UPW ProShares Ultra Utilities 4:1 All fo

ProShares, a premier provider of ETFs, announced today forward and reverse share splits on 22 of its ETFs. The splits will not change the total value of a shareholder's investment. Forward Splits ProShares will implement forward splits for three ETFs at the following split ratios: Ticker ProShares ETF Split Ratio USD ProShares Ultra Semiconductors 2:1 RXL ProShares Ultra Health Care 2:1 YCS ProShares UltraShort Yen 2:1 All forward splits will apply to shareholders of record as of market close on November 5, 2024, payable after market close on November 6, 2024. All forward splits will be effective prior to market open on November 7, 202

Three hedge fund associations are suing the Securities and Exchange Commission in a bid to overturn that they say “impair price discovery.” The National Association of Private Fund Managers (NAPFM), Alternative Investment Management Association (AIMA) and the Managed Funds Association (MFA) have jointly filed a lawsuit asking the U.S. Court of Appeals for the Fifth Circuit to “invalidate” two rules recently adopted by the SEC requiring hedge funds to report details of securities loans and short selling activity. Two new rules were approved by the SEC in October that require: Certain fund managers to report their short sales to the SEC within 14 days of month end. The agency publish

In 2023, retail investors made a comeback. The stock market was flooded during the COVID-19 pandemic by a wave of novice investors, attracted by stimulus checks, extra free time and the new possibilities granted by mobile trading platforms. Approximately 30 million new brokerage accounts were opened between 2020 and 2021 in the U.S. alone. While some of these investors left the market once lockdowns were over, a large share of them stayed and recent data shows they've invested in record levels during 2023. Although millennial-preferred trading platforms such as Robinhood Markets Inc (NASDAQ:HOOD) lost a big share of users between 2021 and 2022, many young investors migrated to legac

Short selling has become vastly unprofitable since the broad stock market rally began in late October, according to data compiled on short positions in global exchange traded funds (ETFs). Data from S3 Partners published on Thursday shows that U.S. equity ETFs were the most exposed, and the SPDR S&P 500 ETF (NYSE:SPY), which tracks the S&P 500 index, was the most heavily shorted fund, and also the least profitable. In total, 92% of all ETF shorts were unprofitable and 98% of every dollar shorted was an unprofitable trade in the past 30 days. “Institutionally, ETFs are primarily used as portfolio hedging vehicles, so one can expect that in an upward trending market most of the larger

We performed a screening of Leveraged ETFs to determine what funds had the largest change in net assets on the week, according to data from etfdb.com. Winners ProShares UltraPro Short QQQ (NYSE:SQQQ) SPTS added $185.27 million in net assets over the trailing week. The ProShares UltraPro Short QQQ offers 3x daily short leverage to the NASDAQ-100 Index. SPHY has $3.76 billion in AUM and an expense ratio of 0.95%.  SPHY added $3.25 billion in net assets YTD. Direxion Daily 20+ Year Treasury Bull 3X Shares (NYSE:TMF) TMF added $50.70 million in net assets over the trailing week. The Direxion Daily 20+ Year Treasury Bull 3X Shares offers 3x long leveraged exposure to th

ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) shares are trading higher by 1.1% to $20.39 during Thursday's session. The ETF is rising amid overall market weakness recent strength in Treasury yields. SQQQ is primarily designed for short-term trading and market timing strategies. Some investors may use it as a tool to take advantage of anticipated market downturns or as a tactical way to implement short-term trading strategies based on their outlook for the NASDAQ-100 Index. Why It Matters SQQQ's strategy is particularly relevant when applied to the technology sector. The NASDAQ-100 Index is heavily weighted toward technology and growth-oriented stocks. When interest rates rise, it can le

Identifying Reversals Using Leveraged ETFs Trade signatures offer valuable insights into institutional positioning and intent. Institutions follow certain patterns when opening and closing leveraged trades. Institutional behavior on certain dates is predictable. Institutional positioning suggests we begin October with a rally. Leveraged ETFs Leveraged ETFs are ETFs that aim to return anywhere from -3x to +3x daily returns relative to its underlying ETF. For example, TQQQ (NASDAQ:TQQQ) is 3x leverage against QQQ (NASDAQ:QQQ) and will return 3% for every 1% return on QQQ. Likewise, SQQQ (NASDAQ:SQQQ) is the 3x inverse leverage against QQQ and will return 3% for every 1% decline on QQQ

ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) shares are trading higher by 1.1% to $21.34 during Wednesday's session. The ETF is trading marginally higher as Treasury yields rise Wednesday. Rising oil prices are also weighing on the broader market. SQQQ is primarily designed for short-term trading and market timing strategies. Some investors may use it as a tool to take advantage of anticipated market downturns or as a tactical way to implement short-term trading strategies based on their outlook for the NASDAQ-100 Index. Why It Matters SQQQ's strategy is particularly relevant when applied to the technology sector. The NASDAQ-100 Index is heavily weighted toward technology and growth-ori

ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) shares are trading marginally higher by 0.8% to $18.72 Wednesday morning. The ETF is trading near session highs ahead of Wednesday's Fed decision. SQQQ is primarily designed for short-term trading and market timing strategies. Some investors may use it as a tool to take advantage of anticipated market downturns or as a tactical way to implement short-term trading strategies based on their outlook for the Nasdaq-100 Index. Why It Matters Investors may expect the Fed to signal that it is willing to keep raising interest rates until inflation is under control. Even if the Fed does not raise interest rates more aggressively than expected, it may

ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) shares are trading lower by 1.6% to $18.19 Wednesday morning. The ETF is trading lower following worse-than-expected U.S. inflation data. In the immediate aftermath of unexpected news, such as a significant inflation spike, markets can often exhibit a counterintuitive reaction. While one might expect an inverse leveraged ETF like SQQQ to rise due to concerns about inflation's impact on the tech-heavy NASDAQ-100 Index, it's essential to remember that these ETFs are designed for short-term trading and are based on daily returns. SQQQ is primarily designed for short-term trading and market timing strategies. Some investors may use it as a tool to

Over the last 20 years, September has been one of the worst months of the year in terms of performance. Over that time frame, the S&P 500 has experienced upward movement in 12 of those 20 years (60%), yet the average return for the month is -0.4%. Compare that to November which has averaged 2.1% returns over the last 20 years and moved higher 80% of the time These stats are applicable if trading the SPDR S&P 500 Trust (NYSE:SPY) or even the Invesco QQQ Trust Series (NASDAQ:QQQ) as the Nasdaq 100 has performed similarly to the S&P 500 in September. Note that the chart says 2003 to 2022 to reflect the last 20 completed months of September. Chart courtesy of StockCharts.com. Over the past

Summary Institutions establish positions and then defend them, and the levels at which their largest trades arrive can be used to establish bias and define risk.  Positioning precedes trend reversals.  Understanding when and where institutions trade with conviction provides valuable insight. With 20 years of trade data across 5000+ tickers, Volumeleaders.com reveals institutional positioning and provides context and visualizations to better understand these trades.  Intro As the rally off the October 2022 lows raged on through the summer of 2023, I began to see bearish positioning in QQQ (NASDAQ:QQQ) and growth stocks that suggested the rally would soon be ending. In this article I w

NVDATSLATGTAAPLQQQWMTAMDPYPLAICOINAMZNSQQQData from https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment 

ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) shares are trading higher by 2.16% to $42.62 Friday morning, rebounding following recent weakness. The leveraged ETF has seen increased volatilty this week after Fitch downgraded the long-term credit rating of the US. This has weighed on market sentiment and pressured growth sectors in recent sessions. A credit rating downgrade of a major economy like the U.S. can lead to negative market sentiment. Investors may become more risk-averse and start selling off riskier assets, including leveraged ETFs like TQQQ. The fear and uncertainty surrounding the downgrade can create a broad-based market sell-off, affecting all types of equities, including t

ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) shares are trading lower by 1.86% to $17.98 Friday morning, pulling back following recent strength. The leveraged ETF has seen increased volatilty this week after Fitch downgraded the long-term credit rating of the US. This has weighed on market sentiment and pressured growth sectors in recent sessions. SQQQ rises when the Nasdaq-100 (NASDAQ:QQQ) index falls, and a credit rating downgrade can trigger a decline in the broader market indices, including the Nasdaq-100. As investors move away from riskier assets, they may seek protection in inverse ETFs like SQQQ as a way to hedge against potential losses in the market. This demand for SQQQ drives

Over the last 20 years, August has been a mediocre month in terms of stock market performance. Over that time frame, the S&P 500 has experienced upward movement in 13 of those 20 years, accounting for a 65% success rate. On average, the S&P 500 only rallied 0.3% in August. Compare that to July which has averaged 2.3% rallies over the last 20 years. This is applicable if trading the SPDR S&P 500 Trust SPY (NYSE:SPY) or a similar ETF. Note that the chart says 2003 to 2022 to reflect the last 20 completed months of August. Chart courtesy of StockCharts.com. Over the past 10 years, the S&P 500 has performed about the same. It has moved higher in six of the last 10 years (60% of the time) an

ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) shares are trading lower by 3.97% to $18.40 Wednesday morning. Major indexes are higher after June CPI data showed softer-than-expected inflation. For the unitiated, SQQQ is a popular, 3x-leveraged inverse ETF that tracks the Nasdaq-100. What Happened? U.S. CPI inflation in June decelerated more than anticipated, reinforcing investor expectations of a single rate hike by the Federal Reserve followed by a halt to its tightening cycle. The Bureau of Labor Statistics' data reveals a drop in the annual inflation rate from 4% in May to 3% in June, slightly below the average economist forecast of 3.1%. This marks the twelfth consecutive month of d

ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) shares are trading lower by 2.64% to $19.56 Thursday. For the unitiated, SQQQ is a popular, 3x-leveraged inverse ETF that tracks the Nasdaq-100. The ETF is falling Thursday after new U.S. job market data is showing early signs of cooling, with three consecutive weeks of higher-than-expected unemployment claims. This aligns with the Federal Reserve's remarks on the necessity of softer labor market conditions to achieve the 2% inflation target. Stocks across sectors have also been volatile this week following broader strength in 2023 following rate hike comments from Fed Chair Powell. See Also: Third Consecutive Week Of Higher-Than-Expected Un

ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) shares are trading lower by 7.2% to $19.93 on a week-to-date basis. For the unitiated, SQQQ is a popular, 3x-leveraged inverse ETF that tracks the Nasdaq-100. The ETF is falling Wednesday after Producer Price Index (PPI) for final demand slumped 0.3% month-on-month in May, down from the previous 0.2% monthly increase and below the expected 0.1% fall. The PPI print follows the May consumer price index (CPI) reading, which came in lower than expected, supporting market belief that the Fed is nearing the end of its interest rate hike cycle. Strength in large-cap semiconductor stocks and AI optimism has also driven the Nasdaq-100 higher by 37% on

ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) shares are trading lower by 2.01% to $22.45 Tuesday morning. SQQQ is a popular, 3x-leveraged inverse ETF that tracks the Nasdaq-100 (NASDAQ:QQQ). The Nasdaq-100 is rising Tuesday amid overall market strength on hopes of a debt ceiling resolution and strength in the broader tech sector. See Also: Why Equitrans Midstream (ETRN) Stock Is Exploding Higher What's Going On With The Debt Ceiling? Harvard professor and noted economist Jason Furman believes the debt ceiling agreement is significantly better than nothing but said it was too close for comfort. "The budget/debt agreement is vastly better than nothing and probably about where things wou

Investors are on the hunt for undervalued, underfollowed and emerging stocks and retail traders have countless methods at their disposal to uncover new information. For some this may be overwhelming. Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks each week that are just under the surface and warrant attention. The index layers editorial commentary to help make sense of why these stocks should be of interest and whether investors and casual readers should watch them. Here is a look at the Benzinga Stock Whisper Index for the week of May 25, 2023. Palantir Technologies Inc (NYSE:PLTR): Shares of Palantir hit new 52-wee

ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) shares are trading lower by 7.01% to $24.80 Thursday morning. SQQQ is a popular, 3x-leveraged inverse ETF that tracks the Nasdaq-100 (NASDAQ:QQQ). Major indices are higher during Thursday's session following strong earnings from NVIDIA and better-than-expected US economic data. U.S. House Speaker McCarthy said negotiators have made some debt ceiling progress but said he does not know if they will have a deal today. What Happened With Key Economic Data? House Speaker Kevin McCarthy said on Thursday that debt ceiling negotiators "made some progress," but open issues remain. "I don’t think everybody is going to be happy at the end of the day. Th

ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) shares are trading lower by some 5.62% to $28.82 over the trailing five sessions. For the unitiated, per ProShares, SQQQ seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Nasdaq-100 (NASDAQ:QQQ) ETF. Major indices at large are trading higher Wednesday following April CPI data, which showed inflation slowed slightly from March levels. What's Going On In The Broader Market? The Consumer Price Index (CPI) in the United States came in at 4.9% year-over-year in April, slightly below the 5% increase seen in March and the 5% forecasted by economists. The headli

ProShares UltraPro Short QQQ (NASDAQ:SQQQ) is trading lower today as investors dump the U.S. treasury bills for higher-risk, higher-reward investments following a surge in treasury yields.  SQQQ is a 3x-leveraged inverse ETF that tracks the Nasdaq-100. It has 31% exposure to June 2023 t-bills The impressive quarterly results from the likes of Microsoft Corporation (NASDAQ:MSFT), Meta Platforms Inc (NASDAQ:META), Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) served a significant boost to investor sentiment since last two weeks. Quite likely, Nasdaq-100 ETFs like Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), and Invesco NASDAQ 100 ETF (NASDAQ