HIMZ Overview

Market Performance: U.S. stocks experienced a fifth consecutive day of gains, with the S&P 500 rising 5.3%, driven by investor optimism following a tariff truce between the U.S. and China, despite ongoing concerns about consumer sentiment and inflation.

ETF Highlights: Several leveraged exchange-traded funds (ETFs) saw significant weekly gains, including the GraniteShares 2x Long SMCI Daily ETF up 98.2% and the Leverage Shares 2X Long COIN Daily ETF up 68.8%, showcasing strong performance in specific sectors.

Wall Street Recovery: Wall Street rebounded last week, overcoming losses from the Trump administration's tariff announcement due to positive trade news and strong earnings reports, particularly from tech giants like Microsoft and Apple. The S&P 500 achieved its longest winning streak since May 2024.

ETF Performance Highlights: Several leveraged ETFs saw significant gains, with the Defiance Daily Target 2X Long HIMS ETF leading at a 91.3% increase, driven by interest in telehealth and weight-loss medications. Other notable performers included MAX Airlines 3X Leveraged ETNs and MicroSectors FANG+ 3 Leveraged ETNs, reflecting investor enthusiasm for high-growth sectors.