PSQ closed at $11.31 after losing 2.5% yesterday

Published: May 27 2023, 09:16 GMT+0

PSQ closed at $11.31 after losing 2.5% yesterday

A quick look at yesterday: a tough session dominated by bearish sentiment left PSQ 29 cents lower, while setting a $11.28 to $11.57 session range.

Highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. Fresh CFTC Crude Oil speculative net positions data from United States came out at 193,100.

Positive performances can be seen by looking at other markets as Costco is trading around $507.26 after ending yesterday's session at $486.55 (up 4.26% today). Intel added 5.84% and closed around $27.4 yesterday. Netflix added 5.54% and closed around $359 yesterday.

All in all, the fund has been on a negative trend for around a month. A day ago, ProShares Short QQQ fell to a low of $11.3 but has since recovered 2.65%.