BNKD ETF

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.

August was dull for Wall Street, with all three major indices finishing in the red. This resulted in huge demand for inverse or inverse-leveraged ETFs as these fetch outsized returns on bearish sentiments in a short span.

Banking stocks had a downbeat August. While situation is still grave for regional bank ETFs, still-cheaper valuation and decent earnings for big banks are the positives.

Bank assets and liabilities are at an extreme duration mismatch, where balance sheets are filled with long-duration, low-yielding fixed-income securities and loans, while liabilities are shorter-term than previously anticipated. Significant issues persist within the banking sector concerning the quality of their balance sheets, which, in many cases, have deteriorated further due to rising interest rates and banks' decreased ability to generate profit.

Wall Street delivered downbeat performances last week due to rising rates and the trouble in the Chinese real estate market.

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.

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.

March was a month of sharp bond and stock volatility triggered by the bank crisis. Yet, the major indices ended the month in green.

Two new Breakout Stocks for Week 13 with better than 10% short-term upside and a Dow 30 Pick. Average cumulative returns for 2023 are +47.4% YTD. The Momentum Gauges® continue negative in bear funds from Mar 7th led by BNKD +62.4%. Last week peak gains were RIOT +31.0%, SVM +15.9%, NVDA +6.3%.