|Bid||0.00 x 800|
|Ask||0.00 x 1400|
|Day's Range||151.42 - 156.48|
|52 Week Range||78.00 - 209.00|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.95%|
Looking at the year-to-date fund flows of Direxion ETFs, the largest issuer of leveraged ETFs, the Direxion Daily Financial Bull 3x Shares (NYSE: FAS) has had $227.78 million of inflows in 2018, making it the Direxion fund with the most growth this year. Interestingly, the Direxion Daily S&P 500 Bull 3x Shares (NYSE: SPXL) has had $217.56 million of inflows this year, making it the second most popular of Direxion’s 70 leveraged ETFs. “If you look at 2017, the growth flow we had in our S&P products for the entire year, we’ve had more than half of that amount in the first few months of this year,” said Sylvia Jablonski, managing director of Direxion.
Semiconductor stocks and the related exchange traded funds (ETFs) endured their share of volatility late in the first quarter and to start the second quarter. For example, the PHLX Semiconductor Sector ...
Durable goods orders are an economic indicator that shows new orders placed with domestic manufacturers for delivery of high-value factory hard goods. The US Census Bureau publishes this report and the data required to prepare this report is collated from the US Census Bureau’s “Manufacturers’ Shipments, Inventories, and Orders (M3)” survey. The durable goods orders report for March was released on April 26.
Fear continues to grip traders and investors in a wrestling match between a market filled with fundamental promise and a global and domestic economic picture that is just this side of bedlam. Major U.S. indexes continue to rise and fall by full percentage points daily, moving in tune with downward pressure from Nasdaq-listed tech stocks like Facebook, Inc. (NASDAQ: FB) and Apple, Inc. (NASDAQ: AAPL).
The durable goods orders metric is an economic indicator that reflects new orders placed with domestic manufacturers for the delivery of factory hard goods in the near term or future. The US Census Bureau publishes this report every month and it is prepared based on results from the US Census Bureau’s Manufacturers’ Shipments, Inventories, and Orders (or M3) survey, which is a voluntary survey authorized by Title 13 of the United States Code.
Actually, digital assets are radically transparent, with publicly available codes and transactions. Codes can be copied by virtually anyone with the technology and desire to do so. Digital asset users are trackable by public keys (although personal identities are confidential).
Semiconductor stocks and sector-related ETFs bounced back Friday after Intel (NasdaqGS: INTC) revealed better-than-expected earnings for the fourth quarter. The iShares PHLX Semiconductor ETF (NasdaqGM: ...
Yee-haw! If you’re a Cowboy-type investor, then you’re probably looking to ride this crazy bull market till you get tossed. That’s my ridiculous way of saying that this bull market continues to blaze along, despite it being very long in the tooth. It is the second most expensive market in history, and is about 30% overvalued.
Jan van Eck, CEO, and Gabor Gurbacs, Director, Digital Assets Strategy, at VanEck, recently responded to questions regarding the potential and the challenges of the digital assets and current bitcoin boom. What are digital assets? Digital assets are based on a shared database technology called “distributed ledgers” and represent a variety of uses.
The decision to buy bitcoin is based on one’s own investment goals, time horizon and risk tolerance. Technology investments are often appropriate for aggressive investors with a long-term time horizon. Digital assets represent a new kind of technology, but they are mainly unproven.
This is due to the fact that we believe bitcoin exposure of financial institutions is limited to market-making and trading firms. A disruption in those markets would directly affect the financial system and stock and bond markets. The price of bitcoin (SOXL) (SOXX) has risen 69,278.6% over the last five years.
Do you agree that investing in a blockchain makes more sense than in bitcoin? Almost no blockchain technologies are widely used . Although blockchain technology (SOXL) (SOXX) powers cryptocurrencies (ARKW) such as bitcoin and Ethereum, its current use is mainly concentrated in a few pockets of the financial services (XLF) (VFH) sector.
The vast majority of digital currencies leave traceable data-crumbs on the web, with some explicitly designed for traceability. The recent dark market busts (AlphaBay, Hansa, and Silk Road) can be directly tied back to the traceability of digital currencies and the breadcrumbs criminals left. Digital currencies (UUP) (FXE) such as bitcoin, Ethereum, and others are fully traceable.
Stocks pared their losses Thursday as Nvidia and Taiwan Semiconductor led chip stocks higher, and Bitcoin rebounded.
2017 was a roller coaster year for the global financial markets, as equities surged, alternative assets emerged and geopolitics carried even new implications with President Trump in the White House. For investors, 2017 saw no shortage of opportunities ranging from equities to currencies and all the way up to bitcoin. Many of these trends will remain relevant in the new year, giving investors another opportunity to capitalize. Although 2017 had many lessons, the following six were the most compelling ones from a financial market perspective.
Semiconductor stocks are big reasons why the technology sector is performing so well this year. Just look at the PHLX SOX Semiconductor Sector Index. That widely followed gauge of semiconductor equities ...
Semiconductors have been an important market leader this year, but have seen a sizeable pullback in the last month. SMH is still up +36% on the year, but was up over +47% as recently as November 24th. This chart may be an important gauge as to ...