Markets

Retail an Unlikely Fuel Source for the Transportation Sector

In a world where online shopping is a dominant force in retail, the sector has been an unlikely source of fuel for the transportation sector as evidenced in the correlation between the Direxion Daily Retail Bull 3X ETF (NYSEArca: RETL) and the Direxion Daily Transportation Bull 3X Shares ETF (NYSEArca: TPOR). A tailwind of positive economic data [...] 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.

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