The Biotechnology sector has been one of the first sectors to recover in June 2022, posting a healthy two-month rally. After the August top, SPDR® S&P Biotech ETF (XBI) entered a consolidation stage ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Direxion Daily S&P Biotech Bull 3x Shares (Symbol: LABU) where we have ...
LABU is a 3X leveraged fund that has disappointed the biotech bulls. The sector looks beaten and perhaps cheap relative to long-term prospects. LABU can work for medium term returns if two ...
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