Post-Rate Hike Depression Pulls This Leveraged ETF Higher
May 06, 2022 at 12:22 PM EDT
Even though the capital markets have already re-adjusted for a rate hike by the Federal Reserve, the post-hike depression has been driving the most recent sell-offs. The Direxion Daily S&P 500 Bear 3X ETF (SPXS), however, has been profitable thus far. During Thursday’s trading session,...