Retail an Unlikely Fuel Source for the Transportation Sector
This article was originally published on ETFTrends.com.
In a world where online shopping is a dominant force in retail, the sector has been an unlikely source of fuel for the transportation sector as evidenced in the correlation between the Direxion Daily Retail Bull 3X ETF (NYSEArca: RETL) and the Direxion Daily Transportation Bull 3X Shares ETF (NYSEArca: TPOR). A tailwind of positive economic data [...]