ProShares UltraShort Consumer Goods Price & Performance (SZK)

The ProShares Ultra Semiconductors ETF dropped 4.46% to $32.78 on Thursday, reflecting ongoing weakness in the sector. Technical indicators signal a continued downward trend, with forecasts suggesting potential further declines of nearly 48% over the next three months, highlighting significant risk for investors in this leveraged ETF.12

ProShares UltraShort Bloomberg Crude Oil (SCO) fell 4.71% to $19.63 at Thursday’s close, with extended trading showing little recovery. The ETF’s drop follows increased media attention and heightened trading activity, suggesting volatility may persist as crude oil prices remain unpredictable in the short term.3

ProShares UltraShort S&P500 ETF slipped 0.13% to $23.12, yet technical signals remain optimistic for a rebound. Despite the minor drop, analysts expect the ETF could rise over 26% in the coming quarter, with current levels presenting a possible entry point for risk-tolerant investors.4