Why Nasdaq-100 Inverse ETF SQQQ Hit A New 52-Week Low
Why Nasdaq-100 Inverse ETF SQQQ Hit A New 52-Week Low
ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ) shares are trading lower by 7.2% to $19.93 on a week-to-date basis. For the unitiated, SQQQ is a popular, 3x-leveraged inverse ETF that tracks the Nasdaq-100.
ProShares UltraPro 空头 QQQ 纳斯达克股票代码:SQQQ)本周迄今的股价下跌7.2%,至19.93美元。对于合并后的公司来说,SQQQ是一种追踪纳斯达克100指数的受欢迎的3倍杠杆反向ETF。
The ETF is falling Wednesday after Producer Price Index (PPI) for final demand slumped 0.3% month-on-month in May, down from the previous 0.2% monthly increase and below the expected 0.1% fall.
该ETF周三下跌,此前5月份最终需求的生产者价格指数(PPI)同比下降0.3%,低于之前的0.2%的月度涨幅,也低于预期的0.1%的跌幅。
The PPI print follows the May consumer price index (CPI) reading, which came in lower than expected, supporting market belief that the Fed is nearing the end of its interest rate hike cycle.
PPI数据遵循了5月份的消费者物价指数(CPI)数据,该数据低于预期,这支持了市场对美联储加息周期接近尾声的信念。
Strength in large-cap semiconductor stocks and AI optimism has also driven the Nasdaq-100 higher by 37% on a year-to-date basis, contributing to the marked weakness in SQQQ in 2023.
今年迄今为止,大盘半导体股的走强和人工智能的乐观情绪也推动纳斯达克100指数上涨了37%,这加剧了2023年SQQQ的明显疲软。
See Also: 'No More Fed Hikes!' Economist Declares End Of Inflation Frenzy, Urges FOMC To Stop Tightening Now
另见:“美联储别再加息了!”经济学家宣布通胀狂潮结束,敦促联邦公开市场委员会立即停止收紧政策
SQQQ is primarily designed for short-term trading and market timing strategies. Some investors may use it as a tool to take advantage of anticipated market downturns or as a tactical way to implement short-term trading strategies based on their outlook for the Nasdaq-100 Index.
SQQQ 主要为短期交易和市场时机策略而设计。一些投资者可能将其用作利用预期的市场低迷的工具,或者作为根据纳斯达克100指数前景实施短期交易策略的战术方式。
According to data from Benzinga Pro, SQQQ has a 52-week high of $69.55 and a 52-week low of $19.89.
根据Benzinga Pro的数据,SQQQ的52周高点为69.55美元,为52周低点19.89美元。