Aided by Recent Bank Earnings, This ETF Is Up 260% the Past Year
April 20, 2021 at 09:45 AM EDT
Up close to 70% for the year, the Direxion Daily Financial Bull 3X ETF (FAS) is heading higher thanks to a positive week of bank earnings. Amongst the prominent holdings of FAS are JP Morgan and Bank of America. Both banks beat Wall Street’s expectations on earnings per share as well as...