|Bid||211.36 x 1000|
|Ask||216.57 x 800|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||146.19%|
|Beta (3Y Monthly)||3.43|
|Expense Ratio (net)||1.08%|
We have highlighted a few leveraged equity ETFs that have piled up more than 25% returns so far in the fourth quarter and could continue to be investors' darlings.
Traders have to be basking in the latest volatility as the U.S.-China trade war looks like it could be a protracted one. As far as which sectors to look at when it comes to opportunities, it appears technology is still king. "In the face of trade wars, security breaches and federal inquiries, technology has proven that it is still the market’s darling," wrote Direxion Investments in their latest "Xchange" blog post.
Technology has been a hot-button issue during the U.S.-China trade war drama, which is causing a healthy dose of volatility within the sector. While this might unnerve the majority of investors not used to these stomach-churning market movements, it's been a boon for traders looking for leveraged technology exchange-traded fund (ETF) plays. Just when the capital markets were responding positively to the 25-basis point rate cut by the Federal Reserve, U.S. President Donald Trump’s imposition of tariffs sent the markets back down.
If monetary policy hawks were hoping to get a reprieve from the rising sentiment of an upcoming rate cut, Jerome Powell’s testimony in front of Congress earlier this month was probably not what they had ...
Wall Street continued its winning streak to start the second half by making history amid lingering trade war and global growth concerns. We have highlighted five ETFs that have gained in double digits so far this month.
The Wall Street logged in the strongest performance in more than a decade for the first half of the year. We have highlighted nine leveraged equity ETFs that piled up more than 60% returns in the first half.
While volatility and uncertainty prevail, the bullish fundamentals have resulted in huge demand for leveraged ETFs as investors seek to register big gains in a short span.
Tech is traditionally classified as a growth sector, but even within that, there are high-growth areas that correlate to a more “risk-on” environment. Take a look at the course plotted by Direxion’s spate of tech-focused leveraged ETFs compared to that of the ETF issuer’s broad market Daily S&P 500® Bull 3X Shares (NYSE: SPXL), below in yellow. Past performance is not indicative of future results.
As the first quarter of 2019 has come to a close, these 10 ETFs and ETNs have led this investment category in gains for the first three months of this year. As you can see from the list, exchange traded products tied to the price of oil were among the top performers, as crude prices surged on production cuts.
As the first quarter of 2019 draws to a close, leveraged exchange-traded fund (ETF) traders have seen oil and technology take the top spots for year-to-date gainers. 2019 started off strong for U.S. equities–the ...
Whether society wants it or not, robotics, artificial intelligence (AI), machine learning, or any other type of disruptive technology is the next wave of innovation. For investors who missed out on the serendipitous run of FAANG (Facebook, Amazon, Apple, Netflix, Google) stocks, they can look to capitalize on disruptive tech options in 2019. Disruptive technology is not relegated to certain sectors as it will permeate into all industries in some form or fashion.
The U.S. bull market will turn 10 with more room to run. The S&P 500 Index has quadrupled, rallying more than 300%, from the bear-market bottom hit on Mar 9, 2009.
Will the 2019 Market Rally Continue?(Continued from Prior Part)Direxion Will tech stocks continue to lead the way? The NASDAQ Composite Index has led the major indices in 2019 with a return of 11.4% year-to-date. This outperformance date may be
Will the 2019 Market Rally Continue?DirexionCan the rally be sustained?After a strong first half of 2018, the market cooled off along with the weather in August, and we had one of the worst fourth quarters in recent memory. However, after the worst
The Nasdaq Composite rose 1.7 percent on Tuesday as shares of Netflix soared 6.5 percent after it announced it would raise its prices for streaming services. The rally in tech fueled the Direxion Daily ...
It is not surprising that one of the primary culprits for the current equity market correction is weakness in technology stocks. Technology is the largest sector exposure in the S&P 500 at 20.25 percent, ...
Technology stocks and the corresponding exchange traded funds, including the Technology Select Sector SPDR Fund (NYSEArca: XLK), were market leaders on the upside. That trend sharply reversed as technology ...