NAIL / Nailing Profits With NAIL If Interest Rates Stabilize Or Decline

The Dow Jones U.S. Select Home Construction Index experienced significant volatility due to the global pandemic and government stimulus programs. Risi more_horizontal

As interest rates and inflation climbed, the homebuilders sector was getting squeezed from both sides. Supply costs were increasing while high-interes more_horizontal

Rising interest rates should be putting a damper on homebuilders, but the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL) being up ov more_horizontal

Wall Street experienced moderate optimism, as the S&P 500, the Dow Jones, the Nasdaq Composite and the Russell 2000 posted modest gains. Earnings from more_horizontal

The homebuilders jumped after Powell's dovish Fed meeting. NAIL, a 3x leveraged ETF, could be an effective short-term trade on the sector over the nex more_horizontal

NAIL ETF has gone down 85% in price, as the housing sector slowed due to doubling of mortgage rates. In this article, let us take a look at the housin more_horizontal

Rising inflation and normalizing home prices are already putting a damper on the real estate market. To add to that, homebuilder sentiment is on the w more_horizontal

Lumber prices are still down 63% from their May 2021 high of $1,733 per thousand board feet, and are down 43% year-to-date. more_horizontal