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LBJ (Direxion Daily Latin America Bull 2X Shares) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
The prospect of interest rate cuts adds some intrigue as a weaker dollar could prop up international equities. That said, Direxion has four funds traders may want to consider for short-term gains.
With U.S. Federal Reserve rate cuts looming, emerging markets (EM) are garnering interest from capital markets. This gives traders various options when looking at profitable opportunities in the EM space.
Given China's current economic struggles, it is not necessarily the prime option for emerging markets funds exposure. As such, traders may want to take a closer look at other regions that are exhibiting strength.
Central banks in Latin America have already started to reduce interest rates as inflation numbers start to cool. This should open up trading opportunities.
Emerging markets can offer traders vast opportunities for short-term market moves, and one area of consideration should be Latin America. Mexico specifically could offer bullish trends given the way its economy started 2023.
Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Plus, a pair of launches and a range of share splits from ProShares.
With Latin America and the Caribbean potentially facing years of difficulties due to the pandemic and related economic crises, attention has shifted to what multilateral institutions might do to help.