Despite the risk-on mood, Direxion Daily Semiconductor Bear 3X Shares, MicroSectors FANG+ Index -3X Inverse Leveraged ETN, United States Oil Fund, LP 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 Nasdaq up to 11,266, gaining 0.82%. S&P 500 up 0.45%, trading at 4,021.7.
Meanwhile, United States New Home Sales (Oct) came out at 632,000, while a consensus of analysts was expecting 570,000.
Despite the markets climbing yesterday, some ETFs are currently down. Take a look at the Top Losers.
Direxion Daily Semiconductor Bear 3x Shares | -6.28% to start today's session
Direxion Daily Semiconductor Bear 3x Shares is down to $31.34, after ending yesterday at $33.44. Overall, a 6.28% loss or $2.1 today.
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN | -4.29% to start today's session
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN reached a significant high of $89.45 around 6 months ago but has lost 34.48% since then.
United States Oil Fund LP | -3.54% to start today's session
United States Oil Fund LP has gained 63.35% over the past year, moving away from its yearly lows around $73.68.