Robinhood Making Moves to Engineer Upside
Shares of Robinhood Markets (HOOD) have shed roughly a quarter of their value this year, but the company is making moves to end that slide. Some analysts are taking note.
This may be a signal for nimble, short-term traders to evaluate the Direxion Daily HOOD Bull 2X ETF (HODU). The ETF is designed to deliver 200% of the financial services stock’s daily performance. Last Friday, Robinhood landed a bullish price target revision from Deutsche Bank analyst Brian Bedell. In reiterating a “buy” rating on the stock, Bedell boosted his price target to $98 from $88. This implies an upside of 11% from the June 4 close.
Bedell’s bullishness on the stock is partly due to the company’s prediction market efforts. With sports derivatives still accounting for a massive percentage of volume on yes/no exchanges and with the World Cup starting this week, event contracts could be a near-term catalyst for Robinhood and the leveraged HODU.
See more: With Robinhood Growth Still Solid, Monitor This ETF
Source: https://etfdb.com/leveraged-inverse-content-hub/watch-hodu-as-robinhood-makes-moves-to-engineer-upside/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,812,118,638 |
| Stories: | 8,653,858 |
Whistler Blowers, Insiders
