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DRN Direxion Daily Real Estate Bull 3X Shares ETF

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  • 10.480
  • +0.290+2.85%
Close Jul 22 16:00 ET
10.520High10.060Low
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Comments

    $Direxion Daily Real Estate Bull 3X Shares ETF(DRN.US)$ for those that have been sitting on the sideline waiting for different sectors to begin to reverse we have witnessed this over the past several weeks and this past week was confirmation that money is rotating in anticipation of a September rate cut. technically on a short-term basis all of these moves have resulted and will result in a slightly overbought rally that will have natural profit taking. it's not going to be a 50% correction of t...
    3
    $Direxion Daily Real Estate Bull 3X Shares ETF(DRN.US)$ out of every sector the biggest percent gainer today is real estate.. second utilities if this doesn't show you money is starting to reposition in those out of favor sectors I don't know what will you need to own this basket whether you buy a call option and go out to February or you just buy it out right and understand we can have a down day next week it could be down 25 cents 50 cents it may I don't know however next year next June you'll...
    1
    $Direxion Daily Real Estate Bull 3X Shares ETF(DRN.US)$ chairman Powell made it abundantly clear if we get another 2 months of data we're going to commence rate cuts he made it very clear it wasn't cryptic it was very defined.. that's why we saw this Market take off the past couple of days. when interest rates are reduced money is going to search for sectors that are depressed that are highly interest rate sensitive so for example what I mentioned rocket mortgage in the past it's a terrific comp...
    5
    $Direxion Daily Real Estate Bull 3X Shares ETF(DRN.US)$ so take a look at the chart look at the gradual decline for several hours look at the spike in the last half an hour yet the Dow didn't do anything. it's very interesting that's all I'm going to say I'm extremely long this leveraged ETF I'm in the money I could sell it I'm not I've ridden  it up and down multiple times because I believe that when rates get cut we're going to see an enormous momentum shift into the top real estate markets in...
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