Up a Whopping 850%, This Homebuilder ETF Can Keep Hammering Out Gains
March 19, 2021 at 12:05 PM EDT
On Wednesday, the Federal Reserve tried to put inflation fears to bed, propelling homebuilder ETFs like the triple-leveraged Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL). During the meeting, the Fed announced it would stand pat on rates. Low interest rates help spur lower mortgage...