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Direxion Announces Forward and Reverse Splits of Four ETFs
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Will a Retail Labor Shortage Boost This Leveraged ETF?
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Rebounding Retail? A Leveraged ETF Play on Consumer Enthusiasm May 12, 2021
Traders looking for opportunities in the economic re-opening can considering a rebounding retail sector with funds like the
While the online sector did prosper during the pandemic, the retail industry could get an added jolt. With consumers ready to start opening their wallets again, this could be a major tailwind.
“Online retailers have done very well during the past year with the industry growing 44% in 2020, and could rake in even more money as spending becomes more widespread,” a Direxion Investments “The X-Change” article noted. “Much of the United States retail and discretionary spending sectors not only appear to be gearing up for a return to some semblance of normalcy, but are also expecting a surge in spending from pent-up demand.”
The ETF That Has Returned 1600% Over The Past Year
More than 200 ETFs have returned more than 100% over the past year, but one stands out above all others.
Author:
Apr 6, 2021
A little over a year ago when the S&P 500 (SPY) was more than 30% below its all-time high, it seemed unlikely that the equity markets would be just days away from a sharp and sudden turnaround that would carry the large-cap index up 85% from its low and the Russell 2000 (IWM) to gains of 130%.
But loads of fiscal and monetary support from the government and the Fed have done just that. The underlying macroeconomic backdrop is still in the process of improving and has a ways to go to return to pre-pandemic levels, but investors feel confident we ll get there and are positioning themselves accordingly.
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