Maximize Returns with AI-Powered TECS Insights




TECS Forecast

Inverse ETFs Soar as Market Turns Sour - Yahoo Finance

After an astounding rally, Wall Street has been caught in feeble trading in the past week, triggered by the U.S. credit rating downgrade and now bank downgrades. Additionally, weak data from China and the United States added to the woes. The S&P 500 extended its decline this week after wrapping the worst week since March (read: 5 ETFs That Saw Inflows Last Week Amid Market Weakness).This has resulted in huge demand for inverse or inverse-leveraged ETFs as these fetch outsized returns on bearish sentiments in a short span. We have highlighted the five best-leveraged inverse ETFs that piled up handsome gains over the past week amid the market turmoil.

Yahoo     Aug 09, 2023