Last week was upbeat for Wall Street, with the S&P 500 and Nasdaq recording their best weekly advancement since July, rising about 3.7% and 4.6%, respectively.
Wall Street gave a subdued performance last week. The S&P 500, the Dow Jones and the Nasdaq lost about 2.3%, 1.8% and 3.3%, respectively, past week.
Wall Street performed decently last week with the S&P 500, the Dow Jones and the Nasdaq Composite adding about 2.5%, 3.8% and 2.5%, respectively.
The series of developments last week have spurred huge demand for leveraged ETFs as investors seek to register big gains in a shorter span of time.
September has been kind to the U.S. stock market thanks to another Fed rate cut and positive trade developments that have led to renewed trade of riskier assets.
All the bullish fundamentals have resulted in huge demand for leveraged ETFs as investors seek to register big gains in a short span.
The Zacks Analyst Blog Highlights: Direxion Daily S&P, Direxion Daily Regional Banks, Direxion Daily Aerospace, Direxion Daily Industrials and Direxion Daily Small Cap
We have highlighted some leveraged equity ETFs that have piled up more than 50% returns in February.
We have highlighted some leveraged equity ETFs that have piled up more than 50% returns in February.
The worst drop in retail sales in nine years could create some panic in the stock market but can't keep the bulls away for long.
The worst drop in retail sales in nine years could create some panic in the stock market but can't keep the bulls away for long.
