With U.S. market recovering on the first trading day of the week, some of the biggest edges may be on the short side of the bounce higher in precious metals. See what markets are earning significant intraday PowerRatings upgrades in our PowerRatings Midday Update.
Here’s a look at a few inverse leveraged, commodity-based exchange-traded funds that have earned our highest PowerRatings, including shares of SCO with a top PowerRating of 10. Read more about the other ETFs on our list.
What’s so great about leveraged ETFs? Thanks to their inverse versions, short term traders can take advantage of opportunities and major edges on both sides of the market – and these become even easier to spot when combined with our Leveraged ETF PowerRatings.