The financial sector has been on the radar, as well. Although it has come off the lows in a big way, the sector is still dealing with major issues. One trouble spot could be any potential regulation handed down by the Obama administration. If such laws pass, they could limit the ability of banks to grow “too big to fail.” Until the picture comes more into focus and we fully understand how banks will cope with such laws, the financial sector could experience tepid growth. [Financial ETFs in Turnaround Mode.]
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- Direxion Daily Real Estate Bull 3X Shrs (NYSEArca: DRN): up 29.7% in last month
- Direxion Daily Financial Bull 3X Shares (NYSEArca: FAS): up 26.7% in last month
- Ultra Real Estate ProShares (NYSEArca: URE): up 17.9% in last month
Max Chen contributed to this article.