3 Best Inverse/Leveraged ETF Areas of Last Week

Zacks06-17

Wall Street was moderately upbeat last week. The S&P 500 gained 1.6%, the Dow Jones lost 0.5% and the Nasdaq soared 3.2%. The tech rally mainly pushed up the S&P 500 and the Nasdaq. Softer inflation ...

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Softer inflation ...</p>\n\n<a href=\"https://finance.yahoo.com/news/3-best-inverse-leveraged-etf-120000622.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Best Inverse/Leveraged ETF Areas of Last Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Best Inverse/Leveraged ETF Areas of Last Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-17 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/3-best-inverse-leveraged-etf-120000622.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street was moderately upbeat last week. The S&P 500 gained 1.6%, the Dow Jones lost 0.5% and the Nasdaq soared 3.2%. The tech rally mainly pushed up the S&P 500 and the Nasdaq. Softer inflation ...</p>\n\n<a href=\"https://finance.yahoo.com/news/3-best-inverse-leveraged-etf-120000622.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"USD","symbol_name":"ProShares Ultra Semiconductors","start_time":0,"source_url":"https://finance.yahoo.com/news/3-best-inverse-leveraged-etf-120000622.html","article_id":"2444162333","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Kb5frpg4JkRo6YH3O5eYuQ--~B/aD05MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/2aa8a932141f86e96fa74bdc1ee833a9"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2444162333","pubTimestamp":1718625600,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Wall Street was moderately upbeat last week. The S&P 500 gained 1.6%, the Dow Jones lost 0.5% and the Nasdaq soared 3.2%. The tech rally mainly pushed up the S&P 500 and the Nasdaq. Softer inflation data mainly triggered the bets over a sooner-than-expected Fed rate cut.The expectation itself, in turn, dragged down bond yields. The week started at 4.47% of the benchmark U.S. treasury yields and closed the week at 4.20%. The decline in benchmark treasury yields last week led to gains in growth sectors like technology.Investors should note that the annual inflation rate in the United States slowed to 3.3% in May 2024, the lowest in three months, compared to 3.4% in April and below the forecast of 3.4%. Core CPI hit 3.4%, below expectations of 3.5%. It marked the lowest rate since April 2021.Direxion Daily Semiconductor Bull 3x Shares SOXL – Up 15.9%","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"USD":"ProShares Ultra Semiconductors","BK4097":"系统软件","NVDU":"Direxion Daily NVDA Bull 2X Shares","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","NVDA":"英伟达","LU0238689110.USD":"贝莱德环球动力股票基金","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0072462426.USD":"贝莱德全球配置 A2","LU0056508442.USD":"贝莱德世界科技基金A2","BK4574":"无人驾驶","AAPL":"苹果","SOXL":"三倍做多半导体ETF-Direxion Daily","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4567":"ESG概念","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4571":"数字音乐概念","BK4507":"流媒体概念","BK4585":"ETF&股票定投概念","BK4576":"AR","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4566":"资本集团","BK4575":"芯片概念","BK4587":"ChatGPT概念","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","AAPB":"GraniteShares 2x Long AAPL Daily ETF","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4577":"网络游戏","BK4501":"段永平概念","BK4579":"人工智能","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","MSFT":"微软","BK4588":"碎股","BK4503":"景林资产持仓","AAPU":"AAPL 2倍做多ETF-Direxion","FDN":"First Trust Dow Jones Internet I"},"translate_title":"上周3个最佳反向/杠杆ETF领域","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":1,"USD":1,"SOXL":1,"NVDX":1,"NVDU":1,"MSFT":1,"FDN":1,"AAPB":1,"AAPU":1,"US3Y.BOND":0.9,"NVDA":0.9,"US10Y.BOND":0.9,"US12M.BOND":0.9,"US2Y.BOND":0.9,"US30Y.BOND":0.9,"US5Y.BOND":0.9,"US6M.BOND":0.9,"US7Y.BOND":0.9,"US912797FS14.BOND":0.6,"US912797GB79.BOND":0.6,"US912797GK78.BOND":0.6,"US912797GL51.BOND":0.6,"US912797GW17.BOND":0.6,"US912797HE00.BOND":0.6},"content_text":"Wall Street was moderately upbeat last week. The S&P 500 gained 1.6%, the Dow Jones lost 0.5% and the Nasdaq soared 3.2%. The tech rally mainly pushed up the S&P 500 and the Nasdaq. Softer inflation data mainly triggered the bets over a sooner-than-expected Fed rate cut.\nThe expectation itself, in turn, dragged down bond yields. The week started at 4.47% of the benchmark U.S. treasury yields and closed the week at 4.20%. The decline in benchmark treasury yields last week led to gains in growth sectors like technology.\nCooling Inflation\n Investors should note that the annual inflation rate in the United States slowed to 3.3% in May 2024, the lowest in three months, compared to 3.4% in April and below the forecast of 3.4%. Core CPI hit 3.4%, below expectations of 3.5%. It marked the lowest rate since April 2021.\nWholesale inflation unexpectedly ticked down 0.2% last month, while economists polled by Dow Jones expected the gauge to increase 0.1%. This followed a consumer price index reading that was flat on a monthly basis in May. It was the biggest drop in producer prices since October (read: 3 Undervalued Growth ETF Winners With More Room to Run).\nFed Stays Put, September Rate Cut Possibility?\nThe Fed opted to maintain its benchmark interest rate within the range of 5.25% to 5.50%, a level it has maintained since July 2023. However, the Fed has revised its rate cut predictions. While previously predicting three rate cuts for the year, the Fed scaled back its estimate to just one due to sticky inflation.\nThe odds of a rate cut in September rose following the CPI report, but the decision hinges on continued improvement in inflation data. There is currently a 61.1% probability of a 25-bp rate cut in September, up from 50.7% recorded on May 16, 2024, per CME FedWatch Tool. The Fed retained its unemployment and GDP outlook for the year, while raising its neutral rate forecast.\nAny Downbeat Development?\nThe University of Michigan’s Survey of Consumers revealed that consumer sentiment fell to 65.6 in June from 69.1 in May. This reading also came below the 71.5 Dow Jones estimate.\nAgainst this backdrop, below we highlight a few winning inverse/leveraged ETFs of last week.\nETFs in Focus\nLeveraged NVIDIA ETFs\nDirexion Daily NVDA Bull 2X Shares NVDU – Up 18.8%\nT-Rex 2X Long NVIDIA Daily Target ETF NVDX – Up 18.6%\nNVIDIA is up 173.8% this year and added 9.5% last week due to the ongoing boom in artificial intelligence (AI). Even after the huge rally in this stock, most analysts continue to bet big on it.\nLeveraged Semiconductors\nProShares Ultra Semiconductors USD – Up 17.3%\nDirexion Daily Semiconductor Bull 3x Shares SOXL – Up 15.9%\nThe surge in generative AI programs has created a high demand for advanced chips used in AI data centers. Tech giants like Meta, Microsoft, Tesla and Google are mostly buying as many NVIDIA chips as possible. Investors are keenly watching Intel, AMD and NVIDIA for long-term updates on AI chip developments (read: Chip ETFs in Focus on New Generation AI Product Launches).\nLeveraged Apple\nDirexion Daily AAPL Bull 2X Shares AAPU – Up 15.5%\nGraniteShares 2x Long AAPL Daily ETF AAPB – Up 15.4%\nApple AAPL gained 7.7% last week. Apple has regained its position as the world’s most valuable company, topping Microsoft MSFT. This achievement marks a key milestone, driven by Apple's recent announcement related to its generative AI initiative called “Apple Intelligence” (read: ETFs in Focus as Apple Reclaims Most Valuable Title).\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nApple Inc. (AAPL) : Free Stock Analysis Report\nMicrosoft Corporation (MSFT) : Free Stock Analysis Report\nDirexion Daily Semiconductor Bull 3X Shares (SOXL): ETF Research Reports\nProShares Ultra Semiconductors (USD): ETF Research Reports\nGraniteShares 2x Long AAPL Daily ETF (AAPB): ETF Research Reports\nDirexion Daily AAPL Bull 2X Shares (AAPU): ETF Research Reports\nDirexion Daily NVDA Bull 2X Shares (NVDU): ETF Research Reports\nT-REX 2X Long NVIDIA Daily Target ETF (NVDX): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2444162333"}