New 3X Leveraged ETFs for Daily S&P 500 Trades

ProShares introduced 3X leveraged ETFs today for daily swings in the S&P 500. UPRO is the bullish play, SPXU the bearish. Volumes were light today, but are sure to pick up as word spreads. Use intraday with caution, or just short either one of them and hang on for months. Permalinks in the sidebar.