Wall Street was moderately upbeat last week.
Wall Street delivered a moderate performance last week.
Investors flocked to leveraged ETFs to cash in on the opportunity offered by an improving economy and a rising stock market.
This year has witnessed historic twists and turns with the largest bull market turning into a bear market in March on the coronavirus outbreak, and then marking the fastest-ever recovery.
The S&P 500 and the Nasdaq Composite Index are on course for their best two-quarter winning streaks since 2009 and 2000, respectively.
The solid run came on optimism surrounding the additional stimulus and a coronavirus vaccine push that has bolstered investors' confidence in the stock market.
The easing of lockdown measures is propelling demand, leading to renewed confidence among investors.
High=tech robots are being used in medical, retail, defense and security, logistics, inspection and maintenance amid the coronavirus outbreak. This should benefit robotics ETFs in the long term.
These leveraged ETFs gained massively in last week's Wall Street rally.