Markets closed higher yet Direxion Daily Semiconductor Bear 3X Shares, MicroSectors FANG+ Index -3X Inverse Leveraged ETN, ProShares UltraPro Short QQQ top this unflattering list of yesterday's losers
Ahead of today's trading session: markets closed higher yesterday; Nasdaq gained 2% and closed at 11,364. S&P 500 closed the day at 4,019.81, having gained 1.19%.
Despite yesterday's market climb several ETFs suffered losses. Take a look at the market's Top Losers.
-6.59%: SQQQ falls back to $41.84 after shedding 6.59% yesterday
More of the same from yesterday's session: a tough session dominated by bearish sentiment left SQQQ $2.95 lower, while setting a $41.26 to $44.79 session range.
-14.96%: SOXS closed at $24.05 after losing 14.96% yesterday
Yesterday's session continued down the same path: a tough session dominated by bearish sentiment left SOXS $4.23 lower, while setting a $23.74 to $27.6 session range.
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN | Closed yesterday's session at $37.63
So far this year, MicroSectors FANG+™ Index -3X Inverse Leveraged ETN has declined 36.17% while touching highs around $89.45 earlier this year.