WANT to Go Big on Cyclicals? This Leveraged ETF Ups the Ante May 10, 2021
With vaccine rollouts and healthy injection of stimulus capital, consumers appear ready to open up their wallets again. This propensity to spend is putting leveraged assets like the
While the retail space is one way traders can play the re-opening, consumer discretionary is also an option.
“At the same time, seasoned investors could also be looking towards this industry as well,” an Entrepreneur article said. “Namely, this would be because of the ever-growing list of signs pointing towards broader economic recovery now. Earlier today, it was announced that U.S. weekly jobless claims continue to decline at 498,000 this week. This marks the first time the figure has been below 500,000 since the pandemic started last March. Meanwhile, private employment figures remain on the rise as well.”