Direxion Daily Global Clean Energy Bull 2X Shares [KLNE] Stock Forecast

With aggressive global plans to reduce carbon emissions and attain net-zero, clean energy plays are an ideal move in the market. With the help of the U.S. government's regulatory measures bolstering these initiatives, traders can capitalize further with leveraged exchange traded funds (ETFs).

John Berger, Sunnova CEO, joins 'Closing Bell' to discuss the tailwind solar stocks gain from the Inflation Reduction Act.

Wall Street staged a rally last week on some upbeat earnings and expectations of slower Federal Reserve monetary tightening.

Global initiatives to reduce the world's carbon footprint are translating into more jobs. In the United States, specifically, a report from the U.S. Department of Energy is demonstrating this phenomenon.

Geopolitics kept investors on their toes in February after Russia-Ukraine tensions escalated. Though all the major U.S. indices posted sharp losses during the month, a few sectors have been the biggest beneficiaries of the crisis.

The S&P 500 Energy index is up 47% for the year, highlighting the strength in the energy sector, which speaks to the global dominance the sector has seen in 2021. Whether it's produced from fossil fuels or renewable sources, global demand for energy has been off the charts in 2021.

We highlight some best-performing leveraged equity ETFs from different corners of the market that gained more than 25% in October.

Big three U.S. indexes including the S&P 500, the Dow Jones, the Nasdaq Composite and the Russell 2000 made last week a winning one for investors.

Wall Street was upbeat last week with the S&P 500 logging the biggest weekly rise since July as stocks rallied on earnings.

On Thursday, Direxion launched its newest leveraged ETF, the Direxion Daily Global Clean Energy Bull 2x Shares (KLNE). It is a leveraged ETF that seeks to return 200% of its benchmark index, the S&P Global Clean Energy Index, in a single day.