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With the equity markets rallying as of late, small-caps are expected to experience a bounce as well. Traders may want to consider playing the bounce via the Direxion Daily Small Cap Bull 3X Shares (TNA).
The Direxion Daily Small Cap Bull 3x ETF could be a good tool to bet on the outperformance of small-cap stocks ahead of economic recoveries. The problem is that the macroeconomic setup today is too uncertain, not to say risky, for a bet of this nature. I explain why.
The recent stock market rally could be setting up plays for winners to emerge through the second half of 2022. As inflation fears start to dissipate and prices start to come back down, two leveraged funds could garner some interest.
The S&P 500 had a fourth straight week of gains, the longest such rally since November, per Bloomberg.
The Direxion Daily Small Cap Bull 3X Shares (TNA) is up over 40% the past month, highlighting what could be a small-cap rally brewing after a rough first half of 2022, particularly for small-caps.
Small-caps have been feeling the brunt of the downward pressure on stocks, even more so than their large-cap peers, as usual. With recession fears constantly looming, this could keep the bears ahead of the bulls, unless a year-end recovery comes.
Small-cap equities can give traders amplified gains, but the same can be said when the markets move in the opposite direction the way they have been for the first half of 2022. However, when things eventually bounce, small-caps could come back in a big way.
In times of heavy market volatility, large caps are proving their mettle when it comes to leveraging exchange-traded fund (ETF) products from Direxion Investments. These larger cap companies typically have the financial wherewithal to blunt the heavy movement of a market downward given their relative stability in volatile times.
Wall Street has punished these companies and funds excessively this year, so we are sharing these undervalued stocks to catch near 2020 lows. The post 7 Undervalued Stocks to Buy Before Investors Catch On appeared first on InvestorPlace.
Amid huge volatility and uncertainty, the appeal for leveraged ETFs has been soaring although these products occupy a small slice of the ETF space.