With the session well underway, markets are broadly higher while Direxion Daily FTSE China Bull 3X Shares, ETFMG Alternative Harvest ETF, ProShares UltraShort 20+ Year Treasury are slipping. Here are the top losers:
Today's session is well on its way: the leading indices are pointing up — Dow Jones goes up 0.48%, trading at 33,757. S&P 500 up to 3,955.39, gaining 0.36%.
Today's rally takes place amid mixed market indicators — United States Crude Oil Inventories released earlier showed a marked improvement to -5.19 million from the preceding data of -12.58 million, but fell short of the -3.31 million figure forecast by a consensus of market analysts.
Despite the markets climbing yesterday, some ETFs are currently down. Take a look at the Top Losers:
ProShares UltraShort 20+ Year Treasury | -2.83% in mid-session
ProShares UltraShort 20+ Year Treasury is now trading 26.86% below the significant high of $38.91 it set around a month ago.
Direxion Daily FTSE China Bull 3X Shares | -4.9% in mid-session
Direxion Daily FTSE China Bull 3X Shares is range-bound between $43.19 and $45.58 today after shedding $2.34 and closing at $47.76 yesterday.
ETFMG Alternative Harvest ETF | Currently down 3.26% at $5.49
While on a 3 day downtrend, dropping a total of 13.62%, Similar trend today: ETFMG Alternative Harvest ETF is consolidating around the $5.49 level after dropping 18.5 cents at the start of the trading session.