Agriculture is one of the big themes he's pursuing. He's been using MOO, which has been making relative strength new highs. Agriculture has recently been breaking out to new highs.
He chose the US agriculture because you can take advantage that the Cdn$ is going to be coming down. Seasonally this goes from about the end of September right through until the beginning of January. Technicals also look very encouraging. This is currently in an upward trend and is outperforming the market. It is doing well because we are finally seeing grain prices move higher, which means more money in the jeans of the farmers, which they can spend on fertilizers and equipment.
Direxion Moonshot Innovators ETF is a American stock, trading under the symbol MOON-N on the NYSE Arca (MOON). It is usually referred to as AMEX:MOON or MOON-N
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On 2024-07-20, Direxion Moonshot Innovators ETF (MOON-N) stock closed at a price of $10.38.