HomeTechFAANGExamining Direxion Moonshot Innovation ETF (MOON) and Economy
Examining Direxion Moonshot Innovation ETF (MOON) and Economy

Moonshot Innovation ETF (MOON) is a long-term disruption growth play, and will face volatility short-term, says Dave Mazza of Direxion. Dollar cost averaging is a good strategy to use for MOON. Inflation picture remains mixed after CPI and jobs data says Dave. He says this week's market moves hint that inflation may have staying power, but economic data may be an excuse to sell growth stocks. He adds that innovative themes require a long-term view. He gives his thoughts on the hydrogen industry, wearables, and virtual reality.

Market Overtime

14 May 2021

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