ProShares UltraShort Euro Price & Performance (EUO)

Stock market turbulence intensified after new tariffs announced by former President Trump sent the VIXY volatility ETF soaring, while a broad range of equity ETFs declined sharply. Investors moved to hedge positions, signaling heightened uncertainty and risk aversion in global markets as trade tensions escalate.1

The ProShares UltraShort Nasdaq ETF (BIS) advanced 2.92% on Friday, prompting an upgrade from sell to buy candidate. Increased trading volume accompanied the price gain, suggesting renewed interest. Technical indicators point to a potential 25% rise over the next three months if current trends persist, though volatility remains a concern.2

ProShares UltraShort Gold ETF (GLL) rose 2.18% Friday, closing at $11.23. Despite the uptick and rising volume, technical analysis forecasts a continued decline, with a potential 24% drop over three months. Short-term signals are mixed, and analysts maintain a negative outlook for the ETF’s near-term performance.3