19.25 -0.16 (-0.82%)
Pre-Market: 5:35AM EST
|Bid||19.00 x 1200|
|Ask||0.00 x 29200|
|Day's Range||18.76 - 19.66|
|52 Week Range||15.89 - 49.20|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-22.31%|
|Beta (5Y Monthly)||-3.14|
|Expense Ratio (net)||0.95%|
The UltraPro Short QQQ ETF , which aims to return triple the inverse of the technology heavy Nasdaq 100 index's performance, surged 7.8% on volume of 1.9 million shares, making it the most actively traded stock ahead of the open. The Ivnesco QQQ ETF , which tracks the Nasdaq 100, is losing 2.6% and is the second most actively traded with volume of 1.7 million shares, as worries over the global spread of COVID-19 triggers a stock market selloff. Of the Nasdaq 100's components, only 5 stocks aren't falling, with 3 little changed and shares of Gilead Sciences Inc. gaining 2.9% and Comcast Corp. taking on 0.4%. The losers are led by Advanced Micro Devices Inc. fell 6.5%, Fastenal Co. dropped 5.8% and Nvidia Corp. shed 5.8%.
On Monday's IBD Live stream, the Team discussed top stocks and analyzed the state of the market after Friday's sell-off on coronavirus fears.
Last Friday, the Dow Jones Industrial Average plummeted by 600 points amid investor fears of the coronavirus outbreak having a negative impact on global economies. It was the largest sell-off since August, ...
It is no secret that the stock market is driven by greed and fear. Normally I measure levels of greed and fear in the market using proven algorithms. The reaction to the coronavirus shows that there is an unprecedented amount of arrogance among the momo (momentum) crowd and the people who influence them.
On Tuesday's IBD Live, the Team highlighted the top stocks to buy and watch plus how investors can hedge portfolio risk amid the coronavirus sell-off.
If you tuned in to the daily IBD Live stream Monday, you saw the Team discuss how to handle coronavirus stock market sell-off.
With the stock market today hitting fresh all-time highs and IBD investors holding a full portfolio, is it best to take profits in case of a market pullback?
Last year was an exception when the stock market plunged in December. • The left-most point on the chart shows a rise, similar to the one happening now, in the stock market. • The right-most point shown on the chart is for the current stock market.
Leveraged ETFs use the futures markets to magnify the returns of a specific index. These ten leveraged ETFs are the most popular with investors.
The third quarter corporate earnings season is looking gloomy and could test a market that has already been rocked by weak economic data and ongoing trade risks. According to FactSet, a number of companies, such as Wynn Resorts Ltd., Macy’s Inc. and Tyson Foods Inc., are already trying to temper investors' expectations ahead of the coming earnings season, warning that Q3 results could be lower than analysts had expected, the Wall Street Journal reports. Wall Street analysts have been cutting back earnings expectations for all 11 sectors in the S&P 500 in recent months as well.