Key ETF pair to watch ahead of INTC's earnings after today's close: USD/SSG. Intel's Q1 beat...


Key ETF pair to watch ahead of INTC's earnings after today's close: USD/SSG. Intel's Q1 beat sent ProShares Ultra Semiconductors ETF (USD) up nearly 8% the next day, while ProShares UltraShort Semiconductors ETF (SSG) should provide significant upside if INTC disappoints. INTC makes up 35% of both USD's and SSG's total portfolio.

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Comments (2)
  • ETFSuperfreak
    , contributor
    Comments (32) | Send Message
     
    With analysts so bullish on INTC (see Reuters list of ratings here: www.reuters.com/financ...) i think there's definitely more downside then upside potential heading into tonight's release.
    13 Jul 2010, 06:09 AM Reply Like
  • SA Editor Jonathan Liss
    , contributor
    Comments (493) | Send Message
     
    USD is up almost 7% in after hours after INTC's blowout earnings report - nearly identical to what INTC itself is up on its own report...
    13 Jul 2010, 05:13 PM Reply Like
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