CURE ETF

Toronto, Ontario--(Newsfile Corp. - le 23 octobre/October 2024) - Biocure Technology Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every nine (9) pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 10,444,504 common shares.

After witnessing steep sell-offs at the start of August, all three major indices end the month with double-digit gains.

While capital markets are seemingly fixated on the astounding returns of big tech and the growth prospects of artificial intelligence (AI), the sector isn't the only bull in town. The healthcare sector is also outperforming and shouldn't be overlooked by long- and short-term investors.

Traders eyeing potential plays in the new year may want to look at the healthcare sector given its growing adoption of artificial intelligence (AI). Technological advancement in healthcare should spell opportunities in the Direxion Daily Healthcare Bull 3X ETF (CURE) and the Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X ETF (UBOT).

Pharmaceuticals/biotechnology and life science tools are close to their historical baseline in value and quality. Healthcare equipment is the most overvalued subsector. Ten healthcare stocks cheaper than their peers in November.

IXVTR has been one of the best-performing healthcare indices. Investments in a 3x leveraged ETF benchmarking IXVTR can thus provide attractive returns. CURE has been one of those rare 3x leveraged ETFs that generated consistent returns not only during short runs, but over a much longer time horizon, too. CURE's major investments have delivered positive price growth over the past 12 years of its existence. Its 3x investments too delivered 29 percent returns.

Investors often view healthcare as a safe haven sector, but as market confidence returns, demand for riskier assets could push investors away. However, there could be signs of early summer bullishness.

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