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June 29, 2023
Despite the risk-on mood, Direxion Daily FTSE China Bull 3X Shares, ProShares UltraShort MSCI Japan, Direxion Daily Small Cap Bear 3X Shares are going against the grain and declining. Here are the biggest losers so far this session:
As the trading session gets underway, markets are up including news that Dow Jones up to 33,974, gaining 0.36%. S&P 500 goes up 0.2%, trading at 4,385.56.
Uptick coincides with some positive signs published earlier as highly important GDP data from United States beat analyst expectations of 1.4 with a reading of two.
Despite the markets climbing yesterday, some etfs are currently down. Take a look at the Top Losers:
Direxion Daily Small Cap Bear 3X Shares | Currently down 2.45% at $26.85
While on a 4 day downtrend, dropping a total of 8.63%, Similar trend today: Direxion Daily Small Cap Bear 3X Shares is down to $26.85, after ending yesterday at $27.52. Overall, a 2.45% loss or 67.48 cents today.
Direxion Daily FTSE China Bull 3X Shares | -4.26% to start today's session
Since its 52-week high of $100.58, Direxion Daily FTSE China Bull 3X Shares has lost 65.21% over the last twelve months.
More of the same for EWV: down 33.81 cents (2.46%) for a 4th consecutive day
More of the same today: ProShares UltraShort MSCI Japan is down to $13.42, after ending yesterday at $13.76. Overall, a 2.46% loss or 33.81 cents today.
