Direxion Midcap Bull 3x | MIDU | Long at $45.67Like my predictions for AMEX:TNA , I believe midcap stocks will likely rise as interest rates are lowered over the next few years (probably a little too early given the looming economic situation). While it may be a bumpy ride and everything truly depends no announcement of an "official" economic recession (by which all stock expectations would change to the negative), there could be significant room to run here before a top - but always stay cautious...
Thus, at $45.67 AMEX:MIDU is in a personal buy zone.
Targets:
$55.00
$75.00 (longer-term if the economic data/news hold up strong)
