AI fears, geopolitical tensions and strong earnings shaped February markets.
Energy was the top performing sector in January, but one potential play traders may want to consider is industrials. More specifically, the Direxion Daily Industrials Bull 3X Shares (DUSL) could present short-term opportunities to capitalize on as the sector exhibits upside.
Optimism in the industrials sector could provide opportunities in exchange-traded funds (ETFs). However, faith in the sector isn't absolute by some market experts, opting to exercise due diligence especially given the current macroeconomic environment.