Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL)
|Ex-Dividend Date||Mar 24, 2020|
|Day's Range||72.53 - 81.80|
|Inception Date||Aug 19, 2015|
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 Holdings84.01% of assets
|DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP||N/A||31.46%|
|DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP||N/A||17.76%|
|DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP||N/A||14.92%|
|DREYFUS GOVT CASH MGMT||N/A||3.97%|
|GOLDMAN FINL SQ TRSRY INST 506||N/A||3.67%|
|DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP||N/A||3.03%|
|GOLDMAN FS GOVT INST||N/A||2.13%|
|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|
Lumber prices are 'looking like a repeat of 2021' as housing demand remains red-hot and supply chain disruptions persist
"Being told factories are still not operating at capacity and tariffs aren't allowing solid competition to provide relief," one home builder said.
Lumber prices are at a 7-month high and are set to stay elevated on the back of 3 key trends, an expert says
Lumber futures rose for the fourth-straight session on Friday to their highest level since June 2021.
Lumber saw a whirlwind of action last year, with a rally to an all-time high in prices followed by a slump to one-year lows, and a recovery that led to the commodity's strongest quarterly performance on...
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Although inflationary fears and the rapidly spreading Omicron variant of COVID-19 have kept investors jittery, strong consumer confidence and a holiday sales surge have driven the market higher.
Editor's note: Any and all references to timeframes longer than one trading day are for purposes of market context only, and not recommendations of any holding timeframe. Daily rebalancing ETFs are not ...
Lumber prices have spiked 95% in 5 weeks as supply issues arise following Canadian floods while demand stays strong
British Columbia last month struggled with heavy rainfall that resulted in delays in exporting lumber.
The major indices have reached series of record highs this year on the back of improving economy and return of strong corporate earnings growth.
Overall, last week was upbeat for Wall Street with the S&P 500, the Dow Jones, the Nasdaq Composite and the Russell 2000 gaining about decently. The rally was spurred by bets that the new COVID-19 varia...
Lumber continues its wild ride with no end in sight: Sherwood Lumber COO
Kyle Little, chief operating officer with Sherwood Lumber, joins 'The Exchange' to discuss the growing demand for lumber. Sign up and learn more about the CNBC Investing Club with Jim Cramer https://cnb...
Lumber prices spike above $1,000 for the first time since mid-June as hot housing market drives renewed demand
The commodity is 41% below its record high, while its up 127% from its recent low, highlighting its extreme volatility over the past few months.
Lumber is not going back to pre-pandemic levels and will continue to rise next year, according to an investing chief
The trend line for lumber prices will see a sustained 5% increase, folding in transportation and labor costs, Mace McCain of Frost Investment said.
We highlight some best-performing leveraged equity ETFs from different corners of the market that gained more than 25% in October.
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's pandemic rally has spilled over into fake alternatives, sending shares of faux-wood companies soaring
Trex and Azek are both producers of fake-wood decks, and saw their stock prices and sales boom during the pandemic amid high lumber prices, according to CNBC.
Naeem Aslam, chief market analyst at AvaTrade, said Fed tightening and China releasing stockpiles could weigh on the price of lumber.
Lumber prices have tumbled 70% in the last 14 weeks following a blistering rally as record-setting demand slows
Even if lumber prices normalize around $500, that's still well above the pre-pandemic average.