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Per Stirling Capital Management LLC Sells 1,317 Shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Per Stirling Capital Management LLC. reduced its holdings in ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Free Report) by 8.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 14,249 shares of the company’s stock after selling 1,317 shares during the quarter. Per Stirling Capital Management LLC.’s holdings in ProShares UltraPro Short QQQ were worth […]

Per Stirling Capital Management LLC Decreases Position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Per Stirling Capital Management LLC. decreased its stake in ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Free Report) by 8.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,249 shares of the company’s stock after selling 1,317 shares during the period. Per […]

Wall Street s high-momentum rally has bearish trades cratering fast

Wall Street s high-momentum rally has bearish trades cratering fast
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wall street news: Bearish trades crater fast in Wall Street s high-momentum rally

Traders are betting against the tech-heavy Nasdaq 100 index, investing heavily in bearish exchange-traded funds (ETFs). However, their bets have not paid off as the index continues to rise, causing these bearish ETFs to plunge. One example is a bearish ETF that has dropped 20% in a month after receiving $500 million in investments at the start of the month. This situation highlights the risks involved in betting against a strong market trend.

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