|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||32.04 - 32.39|
|52 Week Range||30.08 - 46.84|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.95%|
Trade tensions, especially between the world’s two largest economies, have been playing foul on the stock market over the past several months. The new tariff will go into effect sometime after Aug 30. China’s commerce ministry called the U.S. actions “completely unacceptable” and warned of retaliatory moves.
The latest shot in the escalating trade dispute could prove to be catastrophic for stocks, thereby raising the appeal for inverse or leveraged inverse ETFs that could generate big gains in a short span.
ProShares, a premier provider of ETFs, announced today forward and reverse share splits on 20 of its ETFs. The splits will not change the total value of a shareholder's investment.
Seasoned professional traders typically understand the investment theory behind 'Sell in May and Go Away,' but it is not always that cut and dry. The procedure is to sell in May and buy stocks back in October, or at least after the summer swoon, and avoid the typical summer losses. In fact, we have seen solid summer market rallies in the recent past, since the credit crisis, and this has made the old adage lose credibility.
A bull ETF makes money in an upward market while a bear ETF gains when the market goes down. Given volatility, both have caught in a tug of war this month.