If historical trends hold any weight, there are some opportunities that could be looming for investors during the month of September, according to an article published on Benzinga.
After a relatively strong summer for U.S. equities, the following ETFs could be poised to rally in the early fall days, writes The ETF Professor, Benzinga staff and article contributor:
- Direxion Daily Semiconductor Bear 3X Shares (NYSEArca: SOXS)
- Direxion Daily Energy Bear 3X Shares (NYSEArca: ERY)
- Market Vectors Steel ETF (NYSEArca: SLX)
The key here is to keep very close tabs on any signs of change in the marketplace as well as to hold short-term positions in these funds because many of the them are leveraged strategies, and are therefore subject to gain—or loss—of returns rather quickly.
For more on SOXS, ERY and SLX, head over to Benzinga.com.