Markets closed sideways but ProShares Ultra Bloomberg Natural Gas, Direxion Daily Energy Bull 2X Shares, Direxion Daily FTSE China Bull 3X Shares drop and make it on this unflattering list of Friday's losing etfs.
A quick update: markets completed a mixed session Friday while Nasdaq slipped 0.58% and closed at 11,800. Dow Jones closed the day at 33,827, having gained 0.39%.
While markets traded sideways Friday, some etfs suffered significant losses. Here is the list of Top Losers from Friday:
Direxion Daily Energy Bull 2X Shares | -7.16% at $60.93
Having fallen $4.1 in 6 days, Friday's session continued down the same path: a tough session dominated by bearish sentiment left ERX $4.7 lower, while setting a $60.38 to $63.7 session range.
-6.26%: YINN lost 6.26% Friday, ending at $49.69
More of the same from Friday's session: a tough session dominated by bearish sentiment left YINN $3.31 lower, while setting a $48.77 to $50.45 session range.
-11.57%: BOIL falls back to $5.12 after shedding 11.57% Friday
Friday's session continued the recent downtrend: a tough session dominated by bearish sentiment left BOIL 67 cents lower, while setting a $five to $5.37 session range.