As Homebuilders Soar, This ETF Hits the ‘NAIL’ on the Head
April 20, 2021 at 15:50 PM EDT
Despite interest rates inching higher, robust demand for housing is helping to instill confidence in homebuilders, which is subsequently fueling the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL). “The National Association of Home Builders’ monthly confidence index increased...