Leveraged ETFs like the ProShares Ultra QQQ ETF (NYSEARCA: QLD ) are really interesting to analyze. The relationship between the equity component and the derivatives layering can, at times, be symbiotic, and at others, parasitic. Choosing to own that type of asset requires significantly more due diligenceI have been a keen student of the markets for several years now. I love studying how companies grow over time, what value they deliver to their stakeholders, and projecting long-term value as an investment ...