UltraShort QQQ ProShares (ETF) (AMEX:QID)
CAPS Rating:
Close end exchange traded fund
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Close end exchange traded fund
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Way too many uncertain factors to keep this market aloft. Flat unemployment, housing dipping, mortgage rates ticking up, Fed rates poised to climb...I think the low-hanging fruit has been plucked and the momentum has stalled. Maybe not a bubble, but a correction seems to be on the horizon.