Best-Performing Leveraged ETFs of Last Week

Market Overview - The U.S. stock market experienced a downturn, with the S&P 500 declining by 1.7%, the Dow Jones falling by 2.5%, and the Nasdaq slipping by 2.5% due to geopolitical tensions, inflation concerns, and a potentially less-dovish Federal Reserve [1] - Investors showed increased interest in Chinese stocks, influenced by the DeepSeek euphoria, which negatively impacted major U.S. tech companies [1] Defense Budget - The U.S. Defense Secretary proposed an 8% reduction in military spending over the next five years, which would mark the largest cut in Pentagon spending since 2013 if implemented [2] Economic Indicators - The University of Michigan consumer sentiment index dropped to 64.7 in February, reflecting a nearly 10% decline, as consumers expressed concerns over inflation and potential new tariffs [3] - U.S. existing home sales fell to 4.08 million units in January, and the services purchasing managers' index (PMI) entered contraction territory for February [4] ETFs Performance SMCI-Heavy ETFs - Defiance Daily Target 2X Long SMCI ETF (SMCX) increased by 88.4%, and GraniteShares 2x Long SMCI Daily ETF (SMCL) rose by 86.4% as Super Micro Computer (SMCI) stock surged by 30.7% last week, with projected sales reaching $40 billion in 2026, indicating a 60$38.5 billion, despite missing earnings estimates [6] Natural Gas-Heavy ETF - ProShares Ultra Bloomberg Natural Gas (BOIL) increased by 25.6% as U.S. natural gas futures rose to $4.3/MMBtu, driven by cold weather impacting supply and increasing demand [7] Micron-Heavy ETF - Direxion Daily MU Bull 2X Shares (MUU) rose by 15.3%, while Micron Technology (MU) stock gained 0.4% over the last week, despite concerns about a decline in gross margins for the upcoming quarter [8][9]