Most markets are higher this morning as risk-on sentiment dominates: Direxion Daily S&P Biotech Bull 3X Shares, ProShares UltraShort Bloomberg Crude Oil, SPDR S&P Biotech ETF are showing impressive gains as we move into the afternoon trading session.
Markets are up including news that Nasdaq goes up 0.31%, trading at 12,118. S&P 500 up to 4,125, gaining 0.13%.
Today's rise takes place amid mixed market indicators — highly important Crude Oil Inventories data from United States beat analyst expectations of -1.1 million with a reading of -1.28 million.
Here are the biggest etfs gainers so far today.
+3.23%: bullish Direxion Daily Small Cap Bull 3X Shares currently 91 cents higher after trading as low as $28.44
Marginally higher but lacking a clear-cut direction, Direxion Daily Small Cap Bull 3X Shares is trading at $29.12 after ranging between $28.44 and $29.39 today.
SPDR S&P Biotech ETF | +3.36% in mid-session
SPDR S&P Biotech ETF hit a significant low of $73.13 around a month ago, but has since recovered 9.03%.
ProShares UltraShort Bloomberg Crude Oil | +6.84% in mid-session
ProShares UltraShort Bloomberg Crude Oil hit a significant low of $4.48 around 11 months ago, but has since recovered 510.27%.
Biotech Bull and Bear 3X ETF | +10.24% in mid-session
Biotech Bull and Bear 3X ETF has shed 40.54% over the past three months.