To The Moon

A mixed session across global markets.

Homebuilders and real estate stocks led the gains, while defense and health care also moved higher.

Precious metals and Asian equities came under pressure.

🏆 Top ETF Performers

🏠 Homebuilders & Real Estate

• $iShares U.S. Home Construction ETF(ITB)$ +3.50% — iShares U.S. Home Construction ETF

• $SPDR S&P Homebuilders ETF(XHB)$ +3.37% — SPDR S&P Homebuilders ETF

• $Vanguard Real Estate ETF(VNQ)$ +2.27% — Vanguard Real Estate ETF

🛡️ Defense & Healthcare

• $iShares U.S. Aerospace & Defense ETF(ITA)$ +3.16% — iShares U.S. Aerospace & Defense ETF

• $Health Care Select Sector SPDR Fund(XLV)$ +2.40% — Health Care Select Sector SPDR ETF

📉 Biggest Decliners

🥈 Precious Metals & Asia

• $iShares Silver Trust(SLV)$ -3.63% — iShares Silver Trust

• $VanEck Junior Gold Miners ETF(GDXJ)$ -3.33% — VanEck Junior Gold Miners ETF

• $iShares MSCI Taiwan ETF(EWT)$ -2.71% — iShares MSCI Taiwan ETF

🌍 Across the Market

• 🇺🇸 U.S. large caps: -0.49%

• 📊 U.S. small caps: -0.02%

• 🌐 International equities: -0.32%

• ₿ Crypto: -0.95%

⚡ The Outlier: $Proshares Ultrashort Silver(ZSL)$ +7.57%

The strongest fund on the board was $ZSL, a leveraged ETF designed to deliver 2x the inverse of the daily performance of silver.

Silver weakness translated into a sharp gain for the fund. Keep in mind that daily leveraged ETFs are designed for short-term exposure, and their returns over longer holding periods can differ significantly from 2x the underlying asset's cumulative move.