US Steel Drops, Walmart Jumps, ETF Big Bet
On this episode of Stock Movers:- ProShares UltraPro QQQ fund (TQQQ) had its best rally in the most recent session, the largest inflow in its 15-year history. TQQQ uses derivatives to deliver three times the daily performance of the Nasdaq 100. Traders have been steadily adding to the ETF all year. Altogether, the fund has taken in more than $3 billion despite a 15% year-to-date drop for the Nasdaq 100 and an even greater drubbing for TQQQ itself. - Walmart (WMT) and other retail stocks soared after President Donald Trump said he’ll pause higher tariffs for 90 days for dozens of nations…
The skinny
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