Markets closed sideways but ProShares Ultra Bloomberg Natural Gas, Direxion Daily FTSE China Bull 3X Shares, ProShares UltraShort MSCI Brazil Capped drop and make it on this unflattering list of yesterday's losing ETFs.
Ahead of today's trading session: markets completed a mixed session yesterday, as Nasdaq shed 1.63% and closed at 10,800. Dow Jones ended the session at 32,033 after a 0.61% gain.
Current market events are being influenced by ambiguous macro data as United States Core Durable Goods Orders fell short of the 0.2% projections, with new data of -0.5%.
While markets traded sideways yesterday, some ETFs suffered serious losses. Here is the list of top losers from yesterday:
ProShares Ultra Bloomberg Natural Gas | -8.94% at $36.56
ProShares Ultra Bloomberg Natural Gas's bearish run has lasted 3 days so far (-57 cents). Yesterday's session continued down the same path: a tough session dominated by bearish sentiment left BOIL $3.59 lower, while setting a $34.68 to $39.49 session range.
ProShares UltraShort MSCI Brazil Capped | Closed yesterday's session at $19.57
A tough session dominated by bearish sentiment left BZQ $1.31 lower, while setting a $19.52 to $20.32 session range.
Direxion Daily FTSE China Bull 3X Shares | Currently down 7.59% at $23.85
Direxion Daily FTSE China Bull 3X Shares slid down from $25.81 to $23.85, taking a $1.96 loss (7.59%)