Picking up where we left off on the ProShares Ultra Technology Fund. The fund is trading robustly today, although the entire market breadth is very strong. The last sale of the fund as of 15:47 pm was 300 shares at $28.3499 with daily volume of 575,158 shares traded.
I have been tracking exchange-traded fund indexes of oil and gas, banking, health and pharma, real estate and commodities but none of these indexes are budging from their lows. Maybe, I am looking at this in the wrong way. A few points here, a few points there- nothing major; The only investors that are possibly making money are the short sellers. If you are good at short selling then this is the market for you. Lets take a look at a good short fund.
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