Over the past several, homebuilders stocks and the related exchange traded funds have been surging. That theme has spelled good news for the Direxion Daily Homebuilders & Supplies 3x Bull Shares (NYSEArca: NAIL), the only triple-leveraged homebuilders ETF. NAIL tries to deliver triple the daily returns of the Dow Jones U.S. Select Home Construction Index. [...] Read more on ETFtrends.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
This article was provided by our partner Tom Lydon of etftrends.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.