Illusional Delusion

Leveraged ETF Debate Hits the Mainstream

Like some mentioned, I don't see a point to this. The ETFs move in response to the movements of the stock or the index, not the other way round. I would agree if one says that some people wrongly used these ETFs as judges to how the index is doing but that is purely speculative. The value of the ETF is by its NAV which is based on the stocks, again, not the other way round.