Why Trade Direxion’s Daily Homebuilders & Supplies Bull 3X ETF?

While interest rates have been on a ride as of late, they have settled down recently. Mortgage rates may likely follow suit, improving housing affordability, and with it, building sentiment. Couple this with a shortage of inventory and plenty of pent-up demand means prospective home buyers could be out in force.

If you think homebuilders will go through the roof, the Direxion Daily Homebuilders & Supplies Bull 3X ETF (Ticker: NAIL), seeks daily investment results (before fees and expenses) of 300% of the performance of the Dow Jones U.S. Select Home Construction Index.

Latest Leveraged & Inverse ETF Insights

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AMZD AMZU

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DUST JDST ...

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AAPD AAPU

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DFEN

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