As Short Sellers Flee, You May WANT This Consumer ETF
December 03, 2020 at 07:00 AM EST
The rotation to value out of high-flying technology names will help fuel more consumer discretionary names via ETFs like the Direxion Daily Consumer Discretionary Bull 3X ETF ( WANT ). Bullish traders are starting to sense the need for consumer discretionary equities as more short sellers flee the scene.