DIREXION DAILY HOMEBUILDERS & SUPPLIES ETF News

Wall Street wrapped the second quarter of 2023 on a high note, with a broad rally across various sectors.

As interest rates and inflation climbed, the homebuilders sector was getting squeezed from both sides. Supply costs were increasing while high-interest mortgages began scaring buyers away from the mar

Rising interest rates should be putting a damper on homebuilders, but the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL) being up over 100% tells a different story. Amid the U.S. Fed

The S&P 500 Index entered a new bull market powered by a mega-cap tech stocks surge, a better-than-expected earnings season and hopes that the Fed is nearing the end of its rate-hiking cycle. Addition

Wall Street delivered a moderate performance last week.

The longtime barometer of wood prices and building activity is being replaced with a new lumber-futures contract in an effort to boost trading.

When it comes down to it, lumber is at the core of my research. It's now been eight years since my original research paper talked about the relationship between lumber and gold and how its predictive

The month of April was marked by huge volatility. Though recession fears continued to weigh on investors sentiment, cooling inflation and better-than-expected earnings drove the stocks higher.

Wall Street offered a moderate performance last week. On a positive note, there were upbeat big tech earnings and on a negative note, there were renewed regional banking crisis.

Wall Street offered a flat performance last week.

Wall Street experienced moderate optimism, as the S&P 500, the Dow Jones, the Nasdaq Composite and the Russell 2000 posted modest gains. Earnings from a few big banks came in upbeat.

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Storage REITs are the best-performing property sector this year after lagging in late 2022, lifted by surprisingly solid earnings results and a thawing of the previously icy-cold housing market. Stora

Buffeted by housing market headwinds and tailwinds, lumber has made headlines as one of the most volatile commodities of recent years. What conditions in the broader economy have impacted lumber price

We highlight a bunch of the best-performing leveraged equity ETFs from different corners of the market that are leaders in their respective segments.