Tech Pain Sent This Leveraged ETF Up Almost 150% YTD
May 17, 2022 at 08:25 AM EDT
The Nasdaq 100 is down 24% for the year, highlighting the bearishness abound in the technology sector right now. It’s what’s pushing the Direxion Daily Dow Jones Internet Bear 3X Shares (WEBS) to a nearly 150% gain. That weakness in tech is further augmented when looking at the Nasdaq...