Markets closed higher yet MicroSectors FANG+ Index -3X Inverse Leveraged ETN, ProShares Ultra Bloomberg Natural Gas, ProShares UltraPro Short QQQ top this unflattering list of yesterday's losers
A quick update: markets closed higher yesterday; S&P 500 ended the session at 3,678 after a 2.65% gain. Nasdaq ended the session at 10,676 after a 3.43% gain.
More data out yesterday as United States NY Empire State Manufacturing Index (Oct) came out at -9.1, while a consensus of analysts was expecting -4.
Despite the climb, markets experienced yesterday, some ETFs suffered losses. Take a look at our top losers.
ProShares Ultra Bloomberg Natural Gas | Closed yesterday's session at $44.25
Approximately 4 months ago, ProShares Ultra Bloomberg Natural Gas reached a significant high of $131.79 but has struggled to hold onto its gains and declined 62.42% since then.
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN | Ended yesterday's session at $65.91
A tough session dominated by bearish sentiment left FNGD $10.69 lower, while setting a $64.61 to $71.44 session range.
ProShares UltraPro Short QQQ | Closed session at $58
A tough session dominated by bearish sentiment left SQQQ $6.38 lower, while setting a $57.3 to $59.84 session range.