Related: Top 68 Inverse Equity ETFs
This week, nearly 47% of the components in the S&P Regional Banks Select Industry Index report earnings, according to Direxion data. Next week, almost 43% of that index’s member firms deliver quarterly results.
“While investors are in a panic about rising yields on U.S. Treasury notes, there’s actually one group that benefits from this trend: regional banks. That makes them an attractive buy right now,” according to MarketWatch.
For more trends regarding Direxion ETFs, visit our Leveraged & Inverse ETF Channel.