Leveraged and inverse ETFs ... moves in QQQ punish inverse ETFs. I have QQQ charted alongside QID (2x) as well as a single inverse ETF (PSQ) and a triple inverse ETF (SQQQ).

TQQQ is trading lower by 6.6% Thursday afternoon. Major indexes are lower despite softer-than-expected Feb. PPI data.

the fifth-largest ETF by average daily dollar volume in the last three months is the ProSharesUltraPro QQQ, which provides three times leveraged exposure to the Nasdaq 100. Altogether, five of the ...