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DIREXION DAILY HOMEBUILDERS & SUPPLIES ETF News

$110.14
+4.75 (+4.51%)
At Close: May 31, 2024
Interest rates lead housing sales and construction - which appear to have peaked. Sales and construction lead prices - which are still sharply rising.

Top Inverse/Leveraged ETFs of Last Week

09:04am, Monday, 29'th Mar 2021
Last week was mixed for Wall Street. Tax hike fears, rising COVID-19 cases and still-existing rising rate worries led to the volatility.

Red-Hot Housing Keeps Fueling Homebuilder ETFs

07:30pm, Sunday, 07'th Mar 2021
A pandemic-induced spike in housing demand and a dearth of supply suggests that the spring housing market could be one of the most competitive ever. A significant fall in new listings due in part to s
When homebuilder confidence is rising, so is traders' interest in homebuilders. This is certainly feeding into strength for the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL).
The All Cap Blend style ranks third in Q1'21.
Low interest rates and strong demand are feeding into strength for home builders. The Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL) was Direxion's strongest leveraged performer the

5 Leveraged ETFs Up At Least 15% Last Week

09:02am, Monday, 25'th Jan 2021
Global markets were charged up last week with the S&P 500, the Dow Jones and the Nasdaq Composite gaining about 1.9%, 0.5% and 3.2% respectively.
Direxion Daily Homebuilders & Supplies Bull 3x Shares ETF - A Mix Of Conflicting Signals Makes This An Intriguing Option
One of my consistent themes in the past few months has been how the housing market is priming the economy for strong growth in 2021 as soon as the pandemic is brought under control. November construct

U.S. Housing Market: Home, Sweet Home

05:40pm, Wednesday, 28'th Oct 2020
Economists estimate that home prices will rise by 3.7% in 2020. NAR too has reported bullish data for August 2020, and October 2020 data are likely to witness an uptick.
NAIL is the leveraged homebuilders and supplies product. NAIL nailed it from March through mid-October.
The market for new homes in the U.S. continued to surge in September 2020. Our initial estimate of the trailing twelve-month average of the market capitalization of new homes sold throughout the U.S.

Flat Trend Forms For Affordability Of New Homes

03:27am, Thursday, 10'th Sep 2020
The median sale price of new homes sold in the U.S. has ranged between a low of 4.88 times median household income from April through May 2020 and a high of 4.93 times median household income in Janua

Single-Family Rentals: The Burbs Are Back

12:30pm, Thursday, 03'rd Sep 2020
The suburbs are back. Amid the coronavirus pandemic, residential REITs - particularly the traditionally countercyclical single-family rentals - have proven to be a source of relative shelter for inve
The lower the interest rates, the more affordable a higher sale price for new homes can be, which can contribute to rising sale prices.
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