Apple, Amazon And Microsoft: New Highs For Tech While Other Sectors Struggle forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
With a focus on improving America’s roads, bridges, and other infrastructure initiatives, traders are seeing a foreseeable rise in the demand for industrial materials. Traders can play that strength with an added dose of leverage with ETFs like DUSL.
DUSL seeks daily investment results of 300% of the daily performance of the Industrials Select Sector Index. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index.
Industrial ETFs Like DUSL Riding a Wave of Market Momentum etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
A Direxion Investments article on market predictions for 2021 lays out the case for DUSL and DRN:
“Among the more specific market calls coming from this contingent are those from UBS’s Keith Parker and Jefferies strategist Sean Darby, both of whom single out industrial stocks and industries with exposure to consumer cyclicals, which stand to benefit from strong relative growth over their performance through 2021,” the article said. “However, the two were split on other industries like utilities and materials, with Darby arguing that a cheaper U.S. dollar will support commodities and raise operating margins through 2021 while Parker predicts a stronger rotation toward growth, underweighting other value sectors like real estate and consumer staples.”