Industrial Markets Shaped by Big Shifts Toward Automation and Green Energy twst.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from twst.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.
This Hot Industrial ETF Could Shoot Even Higher Thanks to Biden April 13, 2021
The cyclical/value resurgence is lifting the industrial sector. The Biden Administration’s infrastructure efforts could bring even more upside for exchange traded funds like the
PRN tracks the Dorsey Wright Industrials Technical Leaders Index, which is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 securities from the NASDAQ US Benchmark Index. Relative strength is the measurement of a security’s performance in a given universe over time as compared to the performance of all other securities in that universe.