Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL)
|Ex-Dividend Date||Mar 24, 2020|
|Day's Range||70.74 - 77.22|
|Inception Date||Aug 19, 2015|
The investment seeks daily investment results of 300% of the daily performance of the Dow Jones U.S. Select Home Construction Index. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index measures U.S. companies in the home construction sector that provide a wide range of products and services related to homebuilding, including home construction and producers, sellers and suppliers of building materials, furnishings and fixtures and etc. It is non-diversified.
Top 10 Holdings88.89% of assets
|DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP||N/A||29.32%|
|DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP||N/A||19.93%|
|DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP||N/A||14.48%|
|DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP||N/A||7.88%|
|DREYFUS GOVT CASH MGMT||N/A||7.24%|
|GOLDMAN FS GOVT INST||N/A||3.10%|
|DREYFUS GOVT CASH MGMT||N/A||1.28%|
|Mar 24, 2020||$0.00489||Mar 31, 2020|
|Sep 24, 2019||$0.01967||Oct 1, 2019|
|Jun 25, 2019||$0.04204||Jul 2, 2019|
|Mar 19, 2019||$0.05404||Mar 26, 2019|
|Dec 27, 2018||$0.06224||Jan 4, 2019|
|Sep 25, 2018||$0.02202||Oct 2, 2018|
The housing market continues to sizzle, prompting builders to ramp up construction. This gives traders an opportunity to play the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL).
Lumber prices fall after previous supply crunch
Kyle Little, chief operating officer of Sherwood Lumber, joins The Exchange to discuss the current state of the lumber shortage. The supply is rebounding after pandemic lows, he says.
Lumber's massive turnaround this year is just the start of a cyclical downturn for commodities. Lakshman Achuthan of Economic Cycle Research Institute explains.
Lumber Industry Not Putting Itself in Short-Squeeze Situations: Stinson Dean
Jul.13 -- Lumber, which at one point was among the world's best-performing commodities as the pandemic sent construction demand soaring and stoked fears of inflation, has officially wiped out all of its...
Lumber erases all 2021 gains, here's why deflation is the risk to watch, says Bloomberg Intelligence
(Kitco News) - Lumber was one of the best-performing commodities this year, with many pointing to the price rally as a sign of accelerating inflation.
Lumber futures tank more than 40% in June, where do prices go from here?
John Duncanson, Executive VP of Corton Capital Inc. and Timber Analyst on the Corton Global Timber Fund, joins Yahoo Finance's Alexis Christoforous and Kristin Myers to discuss to discuss lumber prices ...
Sherwood Lumber's Kyle Little on lumber outlook
Kyle Little, Sherwood Lumber chief operating officer, joins 'The Exchange' to discuss the lumber price volatility and what the price drop means for the business. For access to live and exclusive video f...
Lumber futures have tanked 42% in June alone, on pace for its worst month on record back to 1978.
Facing high costs for wood, home builders want the Biden administration to settle a long-running trade dispute over Canadian lumber imports. It won't be easy.
Lumber Caught in A Market Standoff: Stinson Dean
May.21 -- Lumber prices posted their worst week in two months. Stinson Dean, Deacon Lumber Company CEO, talks with Bloomberg's Romaine Bostick and Joe Weisenthal on "What'd You Miss?
Lumber prices are falling in 2021 as the bubble surrounding the market pops and we've got all the details you need to know. The post Lumber Prices 2021: Why Are Lumber Prices Falling Now?
The Fed says price spikes are transitory, but not everyone agrees.
Lumber is the latest mini-bubble to hit the market: Morning Brief
Yahoo Finance's Myles Udland breaks down how Lumber's slowdown could signal what's to come across the U.S. economy. Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://yout...
Kyle Little, Sherwood Lumber's chief operating officer, argued on Tuesday that the price of lumber was pushed to an “unsustainable price point and now we're seeing a little bit of pushback from the mark...
The coronavirus pandemic has shifted how people conduct business and where they choose to live, resulting in massive disparities in both income and lifestyle. But while the period has been a challenge f...
Lumber executive sees further relief in sky-high prices, says delaying building projects makes sense
Lumber industry veteran Kyle Little said it's sensible to delay building projects due to high wood costs. "We do see some relief over the next six to 12 months.
Expect lumber to remain historically high, despite recent drops: Sherwood Lumber's Little
Kyle Little, chief operating officer at Sherwood Lumber, joins CNBC's "The Exchange" to discuss lumber prices and how they affect the housing market. For access to live and exclusive video from CNBC sub...
Lumber prices are rising, which could push housing prices higher and strengthen the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL). As the global economy continues to re-open, the demand...
Lumber Prices, Stocks Soar — But Can The Industry Manage The Windfall
The coronavirus pandemic's hit to manufacturers and its unique homebuilding and home-renovation boom have combined to catapult lumber prices to record highs. Investor's Business Daily has been helping p...