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Direxion Daily Homebuilders & Supplies Bull 3X ETF

NAIL

Market cap $704M

37.66 USD

-0.98

2.54%

At close Updated Nov 6, 10:32 AM EST

1 day

-2.54%

5 days

10.25%

1 month

34.6%

3 months

-10.01%

6 months

-11.24%

Year to date

-26.8%

1 year

-30.53%

5 years

-59.11%

10 years

82.73%

Consumer Discretionary

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 18.2%

Neutral 63.6%

Negative 18.2%

How To Trade The Midterms: The Housing Trap Wall Street Isn't Seeing

The 21st Century ROAD to Housing Act restricts institutional purchases of existing single-family homes but exempts newly built rentals, reshaping sector dynamics.

How To Trade The Midterms: The Housing Trap Wall Street Isn't Seeing

AI Cracks Fuel REIT Comeback

U.S. equities were mixed in another volatile week as renewed weakness across AI and mega-cap technology stocks raised fresh concerns about the durability of the AI investment boom. The Fed held rates steady following September's hike, with two dissenters favoring another increase, while upgrading its assessment of economic activity from a "solid" to "strong" pace. Despite the hawkish vote, Chair Warsh struck a relatively dovish tone, declining to pre-commit to December as Treasury yields retreated for a fourth straight week.

AI Cracks Fuel REIT Comeback

America Is Aging, But Not All Real Estate And Housing ETFs Will Benefit

Funds XLRE, ITB, XHB, and NAIL each present distinct risk profiles, sector exposures, and valuation considerations in today's real estate market. Senior housing REITs like Welltower and Ventas benefit from strong demographic tailwinds and tight supply, but valuations—WELL at 41x AFFO—are stretched.

America Is Aging, But Not All Real Estate And Housing ETFs Will Benefit

AI Reality Check, Inflation Stress Test

U.S. equities stumbled as AI-bubble concerns overwhelmed otherwise resilient fundamentals, while September inflation ran hot but remained heavily energy-driven, complicating the Fed's path without clearly forcing an October hike. Treasuries rallied sharply despite hotter CPI and PPI, with the 2-Year reversing from 4.95% to 4.71% as dovish Fed signals and risk-off flows pushed October hike odds. Oil reemerged as the key macro pressure point, with WTI surging above $100 as Saudi and Hormuz risks intensified, threatening to reverse recent relief in gasoline and diesel prices.

AI Reality Check, Inflation Stress Test

The Housing Market's Hidden Risk: Mortgage Buydowns As A Threat To The Industry

Housing affordability has sharply deteriorated, with median income well below what's needed for the median home price. Rising interest rates and increased use of mortgage buydowns, especially temporary ones, pose mounting risks for both consumers and homebuilders.

The Housing Market's Hidden Risk: Mortgage Buydowns As A Threat To The Industry

Housing Stocks: More Downside Likely As Interest Rates Soar

Surging interest rates are pressuring the housing sector, with 30-year government bond yields hitting 5.6%, their highest since 2002. Housing ETFs like XHB and ITB have underperformed the S&P 500 but have not experienced severe sell-offs, suggesting some resilience despite macro headwinds.

Housing Stocks: More Downside Likely As Interest Rates Soar

The Rate Shock That Didn't Break REITs

REITs are refusing to break despite another rate shock: the 10-Year Treasury reached 5%, yet REITs remain higher by roughly 7% in 2026 as the once-dominant rate correlation weakens further. Solid fundamentals are increasingly doing the heavy lifting, with healthy property-level cash flows, improving earnings visibility, strong dividend coverage, and better balance sheets helping REITs absorb the rate shock. Cooling supply increasingly reinforces fundamentals: excluding Data Centers, REIT development pipelines are roughly 40% below their 2022 peak and 2019 levels; Data Centers remain the exception at seven times 2019 levels.

The Rate Shock That Didn't Break REITs

No End In Sight For America's Housing Affordability Crisis

Let's start with a fun fact: 56% of U.S. households can only afford a home below $300,000, versus a $434,100 median home price. Affordability remains a problem, and I don't see a permanent fix in the near term.

No End In Sight For America's Housing Affordability Crisis

Rates Retake The Spotlight

U.S. equity markets pulled back from record highs this week as long-term Treasury yields remained elevated, with renewed fiscal concerns after federal debt crossed $40T. Oil prices extended their rebound as stalled Iran negotiations and severely depressed Strait of Hormuz tanker traffic kept geopolitical risk elevated, pushing WTI crude another 5% higher to nearly $87/barrel. Housing data remained soft as starts, pending sales, and builder sentiment stayed depressed amid mortgage rates near 6.7%, but weak construction continued to reinforce the underlying housing shortage.

Rates Retake The Spotlight

Winners Of REIT Earnings Season

REITs concluded a surprisingly strong earnings season, with 83 REITs - or 83% - raising full-year FFO guidance, just 4% lowering, and the average outlook increasing 1.4% from prior guidance. Strong Fundamentals, Weak Tape: REITs slipped modestly during earnings season despite widespread guidance raises, as renewed interest-rate pressure outweighed improving property-level trends and earnings momentum. Upside standouts included Hotel, Industrial, Data Center, Billboard, Office, Senior Housing/Skilled Nursing, and Single-Family Rental REITs, while Self-Storage finally showed a convincing pricing inflection.

Winners Of REIT Earnings Season

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