Leveraged ETFs & Large Late Day Trading Moves

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There has been a lot of discussion lately regarding the surge in volatile late-day trading that has occurred since the summer sell-off and fall credit-crisis began to unfold. In November alone, an average of 26.2 percent of trading volume in S&P 500 stocks took place in the final hour of trading, with 17.1 percent of the trading occurring in the final 30 minutes (see WSJ article). Furthermore, for eight of the ten worst days for the S&P 500 since September 1st of this year, 29 percent or more of the move took place in the final hour of trading...

Tickers: ETF