U.S. Markets closed

Direxion Daily FTSE China Bear 3X ETF (YANG)

NYSEArca - NYSEArca Delayed Price. Currency in USD
Add to watchlist
10.43-0.03 (-0.29%)
At close: 8:00PM EDT
People also watch
  • Time to buy some more!
  • news will help yang stock price

    Midday Update: Stocks Return Gains on Reports of Chinese Troop Deployments on N. Korea Border
    April 10, 2017, 01:07:28 PM EDT By MT Newswires, MT Newswires

    Shutterstock photo
    The benchmark averages have surrendered earlier gains on news that China has deployed 150,000 troops to the North Korean border, and the U.S. is considering further sanctions against Russia. The reports caused the S&P 500 to falter at trendline resistance at 2,370 and the Dow Jones Industrial Average to fall back to support at the 50-day moving average.

    Stocks were cautiously higher before Monday's open amid geopolitical pressures and jitters ahead of Q1 earnings from the country's largest banks. As the morning progressed, the averages gained altitude before running into a wall of resistance that was exacerbated by reports of troop deployments on the Chinese border with North Korea by a Korean news agency.

    Among the eleven S&P 500 sectors, financials were taking the brunt of selling pressure, followed by losses in technology and telecommunication sectors. Energy shares continued to outperform with oil futures buoyed by concerns tied to the Middle East, and supply reductions from Libya.

    European shares were lower in sympathy with the U.S. with commodity shares sharing the burden with oil stocks despite the uptick in oil futures.

    Crude oil was up $0.64 to $52.88 per barrel. Natural gas was unchanged at $3.26 per 1 million BTU. Gold was up $0.80 to $1,258.00 an ounce, while silver was up $0.27 to $17.88 an ounce. Copper was down $0.04 to $2.61 per pound.

    Among energy ETFs, the United States Oil Fund was up 1.23% to $11.01 while the United States Natural Gas Fund was down 0.13% to $7.72. Amongst precious-metal funds, the Market Vectors Gold Miners ETF was up $0.26 to 23.56. SPDR Gold Shares were down 0.07% to $119.38. The iShares Silver Trust was down 0.41% to $16.96.

    Read more: http://www.nasdaq.com/article/midday-update-stocks-return-gains-on-reports-of-chinese-troop-deployments-on-n-korea-border-cm772273#ixzz4ds4ERuSw

    Midday Update: Stocks Return Gains on Reports of Chinese Troop Deployments on N. Korea Border
    The benchmark averages have surrendered earlier gains on news that China has deployed 150,000 troops to the North Korean border, and the U.S. is.
  • Got a great report from http://yugestocks.com/?s=YANG about $YANG. I did have to subscribe but it was worth the time. Thank you guys for the tip! Investing trading stocks. Corollary to anthony's law: on the way to the corner

    Yuge Stocks: Trading Stocks and Making Money
    Stock alerts from the Yuge Stocks. Stock trading, making money and always looking for the next big money maker.
  • positive for yang stock price

    China: Food Safety Coordination Needed
    A top health official called for more integration within China's fractured food regulatory system Friday to boost its troubled safety record, while the military warned that unsafe food could undermine its combat readiness.
  • china growth forecast cut

    By Kevin Yao and Xiaochong Zhang | BEIJING
    China has cut its growth target this year as the world's second-largest economy pushes through painful reforms to address a rapid build-up in debt, and erects a "firewall" against financial risks.

    China aims to expand its economy by around 6.5 percent, Premier Li Keqiang said in his work report at the opening of the annual meeting of parliament on Sunday.

    The target, which Reuters had reported exclusively from sources in January, was realistic and would help steer and steady expectations, said Li.


    China set a target of 6.5 to 7 percent last year and ultimately achieved 6.7 percent growth, supported by record bank loans, a speculative housing boom and billions in government investment.

    But as the government moves to cool the housing market, slow new credit and tighten its purse strings, China will have to depend more on domestic consumption and private investment for growth. As in 2016, China did not set a target for exports, underlining the uncertain global outlook.

    "The developments both in and outside of China require that we are ready to face more complicated and graver situations," Li said, adding that world growth remained sluggish, while deglobalisation and protectionism were gathering pace.

    Growth of around 6.5 percent is sufficient to safeguard employment, said Huang Shouhong, director of the State Council Research Office, who helped craft the premier's work report.

    China added 13.14 million new urban jobs in 2016, with the number of college graduates finding employment or starting businesses reaching another record, according to Li's report.

    "As for whether there is a bottom line on growth, as long as there are no problems in employment, growth slightly higher or lower is acceptable," Huang said.

    Michael Tien, a Hong Kong delegate to China's parliament and founder of clothing chain G2000, said he was surprised by the 6.5 percent figure.

    "I think it's very high," he told Reuters. "In the past few years, whatever number they come up with, they will always meet it, and they will always exceed it a little bit. So with this economy, 6.5 (percent) is mind-boggling."


    Economists say it is a delicate balancing act to support growth and maintain liquidity while pursuing reforms and taming unruly financial forces.

    The 2017 target for broad money supply growth was cut slightly to around 12 percent from about 13 percent for 2016. The government's budget deficit target was kept unchanged at 3 percent of GDP.

    Li said China would continue to implement a proactive fiscal policy, adding that government aimed to cut companies' tax burden by about 350 billion yuan ($51 billion) this year.

    China will also maintain a prudent and neutral monetary policy, he said.

    Beijing has flagged in recent months a gradual shift away from a loose monetary stance to discourage speculative investments. Since February, the central bank has raised by tiny increments the interest rates on some lending facilities.
  • This news will help yang stock price


    Donald Trump sends B-52 NUCLEAR BOMBERS to South Korea after North fires missiles at Japan and US warns of 'overwhelming' response
    AMERICAN military chiefs are sending  nuclear bombers to the Korean peninsula as tensions in the region reach breaking point. North Korea and the US have been teetering on the brink of war for mont…
  • Received an alert this am about $YANG from http://monstastocks.com/?s=YANG, you may want to take a look. Reorganization is surgery. one doesn't just cut. Investing day trading.

    Monsta Stocks: Trading Stocks and Making Money
    Stock alerts from the Monsta Stocks. Stock trading, making money and always looking for the next big money maker.
  • XI #$%$ HIS PANTS OVER TRUMP TARIFFS. trump getting ready to lower the boom on China the market there will crash big as investors dump stocks for gold and USD. It Won't be pretty and could bring down the global markets and that is way overdue. problem with China is the magnitude of Civil unrest they will have probably a overthrow of the existing Government. They have dumped most of their reserves propping up the markets there already the clock is ticking
  • Non performing loans off balance sheet are a ticking time bomb. Trump may impose tariffs on Chinese imports. Rising US yields and DXY. I am now bearish on China until its banks are in better shape.
  • Now we go long short friends. Down like a anchor, up like a rocket. Making tons of $$$$ both ways like true investors.
  • Info for $YANG on http://otc.report/?s=YANG

  • What a scam. This should be up huge more like 40%. I'm out.
  • Over the weekend the Chinese government imposed a tax on developers and home purchasers which is expected to reduce home purchases by 70% over the next three months which will only hurt their stagnating economy even more. Load the boat friends, we are going to move into a world of higher highs and higher lows in YANG. Love it..
  • YANG is going to have an amazing up day Friday going into the weekend as margin sellers are forced into seller their winner..
  • Moved from long the vix to this.. China is going to trend down now. It's not just the election jitters but economic problems that will start this run in yang that will last for a very very long time..
  • Journaling the Market
  • I should have listen'd and shorted this thing...
  • It is supposed to be 3x inverse of hangseng essentially - hang seng drops 1.7% and this POS actually goes down and not up - what is going on!?? It is tracking the hang seng - it makes absolutely no sense
  • YANG will go to $0, as global market will continue to soar. Forget Soros, Icahn, and Goldman Sach's warnings about financial crisis coming due to BREXIT, China's slowdown, or Fed increasing interest. Stop being manipulated by these so called financial gurus...