Traders rushing into a leveraged ETF to make a bullish bet on the Nasdaq-100 just got burned
Summary
Investors who rushed into a leveraged exchange-traded fund to bet on a rebound in the Nasdaq-100 index recently suffered significant losses. These market participants attempted to profit from the decline in technology shares by purchasing the high-risk fund during the market dip.
Some investors appeared a little too eager to buy the dip in technology stocks last month.
Source: Read the full story at MarketWatch.com - Top Stories
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