ProShares Ultra QQQ, managed by ProShare Advisors LLC, is an exchange-traded fund (ETF) that aims to offer investors twice the daily performance of the Nasdaq-100 Index. It achieves this by investing in a mix of derivatives like futures and swaps, focusing on a broad range of sectors including technology, healthcare, and consumer goods, among others. Primarily targeting large-cap companies, this fund is designed for those looking to magnify their investment outcomes in line with the Nasdaq-100's movements, all while being based in the United States since 2006.
Financial advisors warn that leveraged ETFs will erode your wealth over time, yet one 2x Nasdaq fund has quietly grown to nearly $15 billion in assets. The story of how that happened…
Apple Inc. (NASDAQ: AAPL) has managed a huge surprise on earnings today. Steve Jobs and friends posted earnings of $4.64 EPS and a record of $20.34 billion in revenues. Thomson Reuters has…
Apple Inc. (NASDAQ: AAPL) has earnings due on Monday, October 18, 2010, after the closing bell. While we wanted to look at the consensus data, we also wanted to see what were…
