Max Auto Industry -3X Inverse Leveraged ETNNYSE American: CARD

Card Factory (LSE:CARD) fell almost 19% on Tuesday after reporting tumbling first hald profit on the back of a rise in the UK's national living wage. Adjusted pre-tax profit fell by 34% to £14.5 million over the six months to July, Card Factory said on Tuesday.

Card Factory (LSE:CARD) is currently being priced in for 'zero growth' and 'flat margins' going forward according to UBS, which suggests any positive comments in next week's interims should give its share price a meaty boost. Shares have been rallying anyway following the reinstatement of the dividend with its finals in April and at 138p currently sit at their highest since January 2020.

April saw the U.S. stock market end with losses, breaking a five-month winning streak and making it the worst month of the year so far. As a result, inverse or inverse-leveraged ETFs have seen significant gains.

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

While Nvidia's ascent and strong earnings reports have buoyed investor confidence, ongoing developments in monetary policy and economic data will continue to shape market sentiment in the weeks and months ahead.

January proved to be a volatile month for Wall Street. The three major benchmarks managed to close the month in green.

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Wall Street delivered a decent performance last week.

The U.S. stock market wrapped up October with losses, marking the third-straight monthly decline for the first time since the onset of the COVID pandemic in March 2020.