Last week was upbeat for Wall Street as inflation showed signs of cooling.
We highlight a bunch of the best-performing leveraged equity ETFs from different corners of the market that are leaders in their respective segments.
We highlight a bunch of the best-performing leveraged equity ETFs from different corners of the market that gained more than 50% at the halfway first quarter.
Wall Street was modestly upbeat last week. The S&P 500, the Dow Jones, the Nasdaq and the Russell 2000 added 2.5%, 1.8%, 4.3% and 2.4% last week, respectively.
All the three major indices logged in the best month since 2020 that has resulted in huge demand for leveraged ETFs.
Wall Street was upbeat last week due to better-than-feared corporate earnings, upbeat retail sales for the month of June and investors' beliefs that markets have reached a bottom.
Leveraged ETFs provide multiple exposure (2X or 3X) to the daily performance of the underlying index by employing various investment strategies such as swaps, futures contracts and other derivative instruments....