Buy, Sell or Hold: ProSh UlShrt Financial E.T.F. (SKF-N)

NYSEARCA:SKF

20.39

1.06 (4.96%) 1d

Showing 1 to 3 of 3 entries

COMMENT

Ultra short US Financials ETF. Gives a 200% upside for every 100% move on the underlying index, the US financials. Use a lot of derivatives of market so volatility is one of the factors that come into play. Down because financials have done well since February and volatility got squeezed out. US financials need to decline sharply. Short-term play.

E.T.F.'s

COMMENT

US financial services sub sector. 2 X the market exposure. Short-term trading vehicles. If you think financials will rally in the next few days to 2 weeks and into the end of the year, this could be a very good vehicle. Not for a long-term play because of the leveraged traffic.

E.T.F.'s

DON'T BUY

Concerns right now because of the US announcements on Friday on financial stocks. Any ETF with financials in them had a short-term issue because the hedging parties had to sort out and get exemptions. Most of them would have received this as opposed to short sellers. He is bullish on Canadian banks. Global banks have also been beaten down. Doesn't like the Short and leveraged ETF’s for long-term investors.

E.T.F.'s

Showing 1 to 3 of 3 entries

ProSh UlShrt Financial E.T.F.(SKF-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for ProSh UlShrt Financial E.T.F. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

ProSh UlShrt Financial E.T.F.(SKF-N) Frequently Asked Questions

What is ProSh UlShrt Financial E.T.F. stock symbol?

ProSh UlShrt Financial E.T.F. is a American stock, trading under the symbol SKF-N on the NYSE Arca (SKF). It is usually referred to as AMEX:SKF or SKF-N

Is ProSh UlShrt Financial E.T.F. a buy or a sell?

In the last year, there was no coverage of ProSh UlShrt Financial E.T.F. published on Stockchase.

Is ProSh UlShrt Financial E.T.F. a good investment or a top pick?

ProSh UlShrt Financial E.T.F. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for ProSh UlShrt Financial E.T.F..

Why is ProSh UlShrt Financial E.T.F. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is ProSh UlShrt Financial E.T.F. worth watching?

In the last year, there was no coverage of ProSh UlShrt Financial E.T.F. published on Stockchase.

What is ProSh UlShrt Financial E.T.F. stock price?

On 2022-05-17, ProSh UlShrt Financial E.T.F. (SKF-N) stock closed at a price of $20.39.

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