Time is Right For U.S. Relative Weight ETF

Time is Right For U.S. Relative Weight ETF

As trade tensions run high, plenty of ex-US equity markets and the related exchange traded funds are languishing. Investors can profit from theme via the Direxion FTSE Russell US Over International ETF (RWUI n/a). RWUI tracks the Russell 1000®/FTSE All-World ex US 150/50 Net Spread Index. The aim of that index is to deliver 100% net long exposure via a 150% long position in U.S. stocks and a 50% short position in ex-US equities. RWUI’s top five international short positions are Japan, the U.K., France, China and Germany. Ongoing trade…

Leveraged Homebuilder ‘NAIL’ ETF Builds Big 2019 Gains

Someone forgot to tell the Direxion Daily Homebuilders and Supplies Bull and Bear 3X Shares (NAIL ) ETF that trade wars are racking markets. Thus far this year, NAIL is up a whopping 93.54 percent and is looking to build more gains in the future if the housing market happens to stay immune from the trade war news. That will be a challenge, according to Rob Dietz, chief economist at the National Association of Home Builders. With trade wars lingering, this could put a damper on consumer confidence and in…

5 Biotech Stocks to Watch in the Second Half of 2019

By Joshua Rodriguez via Iris.xyz As we near the halfway point in the year, investors are starting to look for opportunities to capitalize on in the second half. Biotechnology stocks can generate strong opportunities, as they are riddled with catalytic events through the development, regulatory and commercial processes. While a tech or services company may want to keep its progress close to the vest, biotech companies provide updates each step of the way, often leading to tremendous movement in the values of their shares. With that said, here are several…