ProShares Ultra Consumer Services Price & Performance (UCC)

Tesla and Nvidia led a robust pre-market session today, with Tesla shares climbing over $17 and Nvidia up more than $5, both on high trading volumes. The NASDAQ 100 pre-market indicator jumped nearly 566 points, signaling strong investor optimism ahead of the trading day. Other tech giants also saw notable pre-market advances.1

ProShares UltraPro QQQ (TQQQ) experienced a significant 6.9% drop during Monday’s session, with trading volume plunging 74% below its average. The leveraged ETF’s value fell as low as $42.79, reflecting increased volatility and uncertainty in the technology sector, despite recent institutional interest in the fund.2

The ProShares Ultra Consumer Services ETF (UCC) continues to struggle, falling 7.76% over the past ten days and showing signs of further weakness. Technical indicators point to a persistent downward trend, with analysts forecasting a possible 39% drop over the next quarter if current conditions persist.34