ProShares Ultra High Yield Price & Performance (UJB)

Oil prices climbed on Monday as market participants assessed the implications of new U.S. sanctions on Iranian exports and monitored ceasefire discussions in the Black Sea region. This marks the second consecutive week of gains for both major oil benchmarks, reflecting ongoing geopolitical uncertainties.1

The trading outlook for ProShares Ultra High Yield 2x Shares (UJB) suggests caution. Technical data indicates potential short opportunities near resistance levels, while long positions hinge on breaking specific thresholds. Investors are advised to maintain disciplined stop-loss strategies to mitigate risks amid uncertain market movements.2

Leveraged ETFs displayed varied results last week, with GraniteShares 2x Long BABA Daily ETF leading gains at 31.47%, driven by Alibaba’s strong earnings and AI investments. Conversely, inverse ETFs like Direxion Daily Dow Jones Internet Bear 3X Shares benefited from declines in tech stocks, reflecting investor concerns over AI competition and tariff impacts.3