Cloud Computing Will be Staying in the Forecast | #cloudsecurity


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When cloud-based systems for computing, collaboration, data storage and more first came on the scene, critics voiced vigorous objections. Why would decentralized systems like the cloud be necessary, and how would they be secure? Nowadays, however, after much innovation in both use cases and systems security, many businesses, organizations and individuals rely increasingly on the cloud and what it provides.

The cloud computing industry has created an online ecosystem that essentially forms a new normal, with everything from highly advanced data science and computational tools all the way to simple collaborative and auto-saving Google Docs.

Additionally, with the massive continued rise of remote working due to COVID-19, cloud-based tools and services have become an ever more important part of the lives of many in the past year. However, with such a boom in the last year, will there be a contraction in the cloud market soon?

For experienced short-term traders who are looking for a way to trade and capitalize on cloud computing markets in either bullish or bearish directions, the Direxion Daily Cloud Computing Bull (CLDL) and Bear (CLDS) 2X Shares is one way to have daily 2x leveraged exposure to the cloud computing sector. CLDL and CLDS track the Indxx USA Cloud Computing Index and include companies such as Twilio Inc (NYSE: TWLO), Autodesk, Inc. (NASDAQ: ADSK), and Oracle Corporation (NYSE: ORCL).

5G Might Bring Lightning Speed to the Cloud

However, the very systems that the cloud relies on are also always changing and improving, which brings up an additional factor to consider — the continued rise of 5G technology and what it means for the cloud. Significantly higher upload, download and communication speeds for a significant variety of devices and platforms are expected to boost the power of the cloud even more. From smart devices and the Internet of Things (IoT), to blisteringly fast internet and cell phone capabilities, 5G could have a major impact on the cloud sector.

Traders who are interested in the 5G market have the Daily 5G Communications Bull 2X Shares (TENG) by Direxion as one option to provide an opportunity for a short-term outlook with daily 2x bullish leverage on 5G by tracking the performance of the BlueStar 5G Communications Index, which is a “rules-based index that provides exposure to global companies whose products or services are expected to contribute to the roll out of 5G networks.”

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