UPRO Stock Recent News

It is sometimes difficult to understand what is happening in the stock market with so many factors including the Federal Reserve playing in at the same time. In this case, the divergence between the daily share prices of SPY, which tracks the broader market (or S&P 500), and Nasdaq-tracking QQQ indicates a useful trend.

Given the recent market volatility, you may find the use of leverage exciting or scary. If you feel either, you probably did it wrong. Our view is that leverage should only be used in a disciplined way, i.e., non-exciting way, for systematic alpha generation.

UPRO is a leveraged ETF that offers investors daily investment results that correspond to three times (3x) the daily performance of the S&P 500 Index. The ETF is down more than -54% year to date.