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Zacks News
5 Leveraged/Inverse ETFs Sizzling This Summer
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Amid bouts of volatility and uncertainty, the Wall Street is sizzling this summer buoyed by solid corporate earnings growth and recovering economy.
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While earnings optimism and a rebounding economy pushed the three major indices to new highs in July, concerns about the spread of the Delta variant of COVID-19 made investors jittery.
Leveraged ETFs That Gained Double Digits in April
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Wall Street had a solid run last month, with the S&P 500 and the Dow Jones logging in gains for the fourth consecutive month, rising about 5% and 2.7%, respectively.
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Growth investing will also likely to stay strong maintaining the ongoing trend.
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Last week was moderately upbeat for Wall Street with vaccine hopes boosting the risk-on sentiments.
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Last week witnessed a tug-of-war between bulls and bears.
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If investors can identify the trending investing area amid all the coronavirus chaos, they can easily take a leveraged position on that and beat the broader market.
The Zacks Analyst Blog Highlights: UCO, RUSL, NEED, CURE and YINN
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The Zacks Analyst Blog Highlights: UCO, RUSL, NEED, CURE and YINN
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These leveraged ETFs won last week despite a broader market bloodbath.
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Inside the top-and-worst-performing leveraged ETFs of last week.