Despite the risk-on mood, Direxion Daily FTSE China Bull 3X Shares, iShares MSCI Brazil ETF, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares 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 Dow Jones up to 33,600, gaining 0.36%. S&P 500 up to 3,940, gaining 0.14%.
Despite the markets climbing Friday, some ETFs are currently down. Take a look at the Top Losers:
IShares MSCI Brazil ETF | Currently down 4.18% at $28.69
While on an 8 day downtrend, dropping a total of 8.86%, More of the same today: iShares MSCI Brazil ETF is down to $28.69, after ending Friday at $29.94. Overall, a 4.18% loss or $1.25 today.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares | -3% to start today's session
During a 13 day uptrend, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares gained a total of $4.87, or 39.44%. Bucking the trend and turning lower, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares is down to $15.52, after ending Friday at $16. Overall, a 3% loss or 48 cents today.
Direxion Daily FTSE China Bull 3X Shares | -4.33% to start today's session
Direxion Daily FTSE China Bull 3X Shares is down to $46.21, after ending Friday at $48.3. Overall, a 4.33% loss or $2.09 today.