BGZ is a 3x leveraged inverse (short) ETF for the large caps, you may recall the Dow didn't perform all that well today. A member emailed me about the large volume in the closing minutes of trade, so I took a little closer look.
That is pretty large volume and it wasn't like BGZ was coming off a top area. Remember that institutional traders usually trade at the close.
During the same time period, this is what 3C for BGZ looked like.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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