NYSEARCA:NAIL
DIREXION DAILY HOMEBUILDERS & SUPPLIES ETF News
$119.60
+0.0500 (+0.0418%)
At Close: May 17, 2024
Best Leveraged Equity ETF Areas of Last Week
09:03am, Tuesday, 31'st May 2022
The S&P 500 recorded its best week since November 2020 last week.
Lumber prices fall to new 2022 low as April existing home sales hit lowest level since the start of the pandemic
12:59pm, Thursday, 19'th May 2022
"It looks like more [home sales] declines are imminent in the upcoming months, and we'll likely return to the pre-pandemic home sales activity."
Is This Homebuilding ETF (NAIL) Ready To Reverse Course?
03:06pm, Friday, 13'th May 2022
Direxion Daily Homebuilders & Supplies Bull 3X Shares (NYSE: NAIL) was spiking up almost 7% higher on Friday, in an attempt to reverse course from its most recent downtrend, which began on May 4. NAIL
Despite Rising Rates, New Home Construction Improves
09:59am, Wednesday, 20'th Apr 2022
The Federal Reserve is expected to continue raising interest rates through the rest of 2022, but that doesn't appear to be affecting new home construction so far. The U.S. Census Bureau reported posit
Futures pricing "tells me is there's still a long-term, bullish supply-demand situation in lumber," said commodities analyst Darin Newsom.
Lumber falls to fresh 2022 lows as spike in mortgage rates cools housing demand and inflation puts dent in home renovations
01:40pm, Tuesday, 12'th Apr 2022
"Buyers remained cautious in light of heightened lumber prices, inflation concerns, and rising mortgage rates," Bank of America said.
Lumber prices are flirting with a crucial level as mortgage rates jump above 5% for first time in years
04:32pm, Tuesday, 05'th Apr 2022
Surging mortgage rates will only add to the barriers faced by consumers in the already restrictive housing market.
Lumber prices fall 22% in March as housing market cools on soaring mortgage rates
12:48pm, Wednesday, 23'rd Mar 2022
The average traditional 30-year fixed mortgage rate hit 4.72% on Tuesday, representing a big jump since the Fed began hiking interest rates last week.
NAIL ETF: A Few Considerations
04:50pm, Friday, 11'th Feb 2022
NAIL should only be pursued by investors with a trading mindset and those who have the bandwidth to manage leverage risk.
Lumber prices are up 29% in February as pace of economic reopening sparks new rally in global commodities
02:45pm, Wednesday, 09'th Feb 2022
Prices for iron, oil, soybeans, and fertilizer have also pointed higher amid cold winter weather, geopolitical tensions, and supply chain disruptions.
Lumber prices crash 30% in 2 weeks as rising mortgage rates take some heat out of US housing market
03:41pm, Tuesday, 01'st Feb 2022
A surge in mortgage rates contributed to a decline in pending home sales last month, according to the National Association of Realtors.
Lumber prices are at a 7-month high and are set to stay elevated on the back of 3 key trends, an expert says
01:25pm, Friday, 07'th Jan 2022
Lumber futures rose for the fourth-straight session on Friday to their highest level since June 2021.
Commodities Corner: Here's what's in store for the lumber market after a whirlwind 2021
11:41am, Friday, 07'th Jan 2022
Lumber saw a whirlwind of action last year, with a rally to an all-time high in prices followed by a slump to one-year lows, and a recovery that led to the commodity's strongest quarterly performanc
Top Performing Leveraged/Inverse ETFs: 01/02/2022
05:08pm, Wednesday, 05'th Jan 2022
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.
5 Best-Performing Leveraged ETFs of Q4
12:15pm, Monday, 03'rd Jan 2022
Leveraged ETFs provide multiple exposure (2X or 3X) to the daily performance of the underlying index by employing various investment strategies such as swaps, futures contracts and other derivative in
