Direxion Daily Consumer Discretionary Bull 3X ETF

WANT

Market cap $17.2M

Adobe Analytics noted that online shopping should tick higher during the holidays this year, creating opportunities for traders to take advantage of retail and consumer spending ETFs. Adobe is predicting that online sales will rise 5.3% between November 1 and December 31.

With April's sell-off in the rearview mirror, optimism is rebuilding among business leaders and consumers alike. This could set up bullish vibes for consumer discretionary stocks or one leveraged ETF: the Direxion Daily Consumer Discretionary Bull 3X ETF (WANT).

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We have highlighted five leveraged ETFs that are expected to benefit the most from the solid Thanksgiving spending trend.