---
title: "Weekly Recap | ONDG.US -11.44%, choppy week with no catalyst"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298786057.md"
description: "ONDG.US fell 11.44% this week to close at $2.09. By comparison, the S&P 500 slipped 0.8%, leaving the fund about 10.64 percentage points behind. The week was choppy: after opening Tuesday at $2.34 and touching a high of $2.50, the fund fell through $2.15 on Wednesday and then traded between $2.06 and $2.15 through Thursday and Friday. There were no major catalysts, so the move mostly reflected amplified swings in the underlying through the 2x daily leverage."
datetime: "2026-09-12T04:45:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298786057.md)
  - [en](https://longbridge.com/en/news/298786057.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298786057.md)
generator: "portal-rs"
---

# Weekly Recap | ONDG.US -11.44%, choppy week with no catalyst

## The Week

ONDG.US fell 11.44% this week to close at $2.09. By comparison, the S&P 500 slipped 0.8%, leaving the fund about 10.64 percentage points behind. The week was choppy: after opening Tuesday at $2.34 and touching a high of $2.50, the fund fell through $2.15 on Wednesday and then traded between $2.06 and $2.15 through Thursday and Friday. There were no major catalysts, so the move mostly reflected amplified swings in the underlying through the 2x daily leverage. In the latest session, large-lot flow showed a net inflow bias, while retail flow pointed the other way.

## The Week Ahead

A string of US macro releases lands next week. Tuesday brings the New York Fed manufacturing index, with a prior of 20.6 and a forecast of 14.75. Wednesday is the big retail day: retail sales ex-autos has a prior of -0.3 and a forecast of 0.6, retail control has a prior of -0.4 and a forecast of 0.4, and the NAHB housing market index has a prior of 35 against a forecast of 34. Import prices and two EIA crude inventory reports also arrive the same day. For a 2x daily leveraged fund, any macro-driven move in the underlying may show up in sharper form, so the retail data is worth watching for sector sentiment.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

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- [ONDG.US](https://longbridge.com/en/quote/ONDG.US.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**