1) The market being up 135 points does not necessarily indicate exactly where financial stocks have headed for the day. Generally the two are intrinsically linked, but it's entirely possible for financial sector stocks to be down while the market is up.
2) Decay. Choppy trading on a day like today is always going to hurt leveraged holdings. These securities always do best when the market is headed straight up or straight down (like it did yesterday).
I hope this goes at least a little bit of the way to explaining how this is possible.