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.
The first-half of 2020 was marked with the outbreak of SARS (severe acute respiratory syndrome)-like coronavirus.
Last week was all about ebbs and flows in oil prices that led Wall Street to snap the weekly winning streak.
The Zacks Analyst Blog Highlights: TMF, UBT, UST and TYD
The latest developments have led to huge demand for Treasuries. As such, investors could tap the opportune moment by going long on this instrument with the help of ETFs.
Inside the ETF areas that are trending lately.
Inside the top-performing leveraged ETFs of the third quarter of 2019.
We have highlighted some leveraged/inverse ETF that piled up more than 10% last week.
Investors are rushing to leveraged or inverse leveraged ETFs to increase returns on quick market turns in a short span.
Trade tensions and renewed global growth worries weighed on benchmark treasury yields. This should trigger a rally in leveraged bond ETFs.