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Direxion 'NAIL's It with the Best-Performing ETF of 2019

Nov.13 -- Bloomberg's Eric Balchunas and Scarlet Fu break down the Direxion MSCI Cyclicals Over Defensives ETF (ticker: RWCD) with David Mazza, head of product at Direxion, which oversees nearly $13 billion. The firm has a series of long-short packaged trades, including this fund that goes long economically sensitive companies and short defensive names. They also discuss Direxion Daily Homebuilders & Supplies Bull 3X Shares (ticker: NAIL), the top ETF of 2019.
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