$ProShares Ultra Financials(UYG)$ edged up steadily today, reaching $98.41 from my entry at $94.88—a 3.7% gain and a tidy $381.02 profit! As a 2x leveraged play on the financial sector, it's closely tied to interest rate trends. With the Fed nearing the end of its rate-hike cycle and banking sector earnings outlook improving, this ETF is getting the boost it needs. Looking forward to more upside ahead!
Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments