|Bid||110.00 x 1000|
|Ask||118.20 x 1400|
|Day's Range||108.78 - 119.22|
|52 Week Range||94.87 - 173.50|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||3.50|
|Expense Ratio (net)||1.03%|
The third quarter earnings season is in full swing, with the busiest week of earnings upon us. But what makes this earnings season unique is it has been accompanied by a bought of volatility that, to be ...
If the Dow Jones Industrial Average is poised to come back from its recent run of losses, it might have to be the sector that helped spur the historic bull run to get it back into the green and in Thursday's trading session, it was technology helping to overcome Wednesday's 600-point rout as evidenced in the Direxion Daily Technology Bull 3X ETF (TECL) . TECL was up 10% at the close of the market, while the Dow gained over 400 points. TECL has been reaping the benefits of the historical bull run that has been seeing immense growth in technology stocks, which has helped it return almost 50% year-to-date and close to 80% within the last three years.
It is time to talk technology. Technology sector earnings that is. This week, a slew of components in the widely followed Technology Select Sector Index (IXTTR) report quarterly results. Among the notable ...
Last week's sell-off in U.S. equities, which was highlighted by a steep decline in technology shares was an afterthought as the Dow Jones Industrial Average climbed over 450 points today while tech recovered, benefitting the Direxion Daily Technology Bull 3X ETF (TECL) . TECL was up over 7.5% just under an hour before the close of today's trading session. The ETF has been a beneficiary of the historical bull run that has been seeing immense growth in technology stocks, which has helped it return almost 50% year-to-date and close to 80% within the last three years.
U.S. stocks tumbled Wednesday with the technology sector, the largest sector weight in the S&P 500, acting as the primary culprit. The tech-heavy Nasdaq-100 Index shed 4.40 percent while the Technology ...
The technology sector has been one of the main propellers helping to lift the stock market to new heights, but lately, it's been the shorts who are flying high thanks to a post-Labor Day Weekend sell-off that the sector has been seeing the last two trading sessions. For advanced traders, profits can be had playing both sides of tech, strength or weakness, via the Direxion Daily Technology Bull 3X ETF (TECL) and Direxion Daily Technology Bear 3X ETF (TECS) . TECL and TECS gives bold traders the alternative to go long or short with triple the leverage, depending on activity within the tech sector.
As the U.S. bull market becomes the longest on record since World War II by avoiding 20% or more decline, investors are now more confident on the health of the American economy. Leveraged funds provide multiple exposure (i.e 2x or 3x) to the daily performance of the underlying index by employing various investment strategies such as swaps, futures contracts and other derivative instruments.
Apple Inc. (NASDAQ: AAPL ), the largest U.S. company by market value, reported earnings Tuesday after the close of U.S. markets. Data from the world of leveraged technology exchange traded funds (ETFs) ...
The week starting Monday, July 23 brings a slew of earnings reports from members of the Dow Jones Industrial Average and S&P 500. Among the marquee names reporting for the week are Google parent Alphabet ...
Given the current certainties and market risks, ETF investors should construct resilient portfolios to participate on any further upside and hedge the downside. On the recent webcast (available On Demand for CE Credit), Potential ETF Strategies for Today’s (and Tomorrow’s) Markets, Sylvia Jablonski, Managing Director and Institutional ETF Strategist for Direxion and Portfolio+ ETFs, outlined a number of global elements that may influence an investor portfolio, such as the U.S. economy entering late-cycle phase, the Federal reserve moving toward monetary policy normalization, rising interest rates, building inflationary pressures, increasing dispersion amongst sectors, and changing geopolitical climate. "If you’re an investor, you have to believe that markets generally rise over time.
In theory, Apple's ongoing ascent to heights never seen by any company in the history of financial markets should be tempting aggressive traders to get involved with leveraged technology exchange traded funds (ETFs) heavy on Apple. Apple is the largest component in the Technology Select Sector Index at 14.76 percent of that benchmark's weight. Shares of Apple are up nearly 4 percent over the past month, but that is not luring traders to TECL.
After an incredibly smooth ride last year, technology and semiconductor stocks are encountering a lot of turbulence this year. Facebook has faced its share of problems. Google got tarred with the same scandal even without the direct problems Facebook saw.
The reaction to the scandal was obviously significant to the stock, at one point knocking out $80 billion in Facebook's market cap, but it also provided a trading opportunity for short-term traders, particularly in the Direxion Daily Technology Bull 3X Shares (NYSE: TECL), which tries to deliver triple the daily returns of the aforementioned Technology Select Sector Index, and the Direxion Daily Technology Bear 3X Shares (NYSE: TECS), which tries to mirror triple the daily inverse performance of that index. Not surprisingly, TECL and TECS were responsive to Facebook's woes.
Facebook Inc.’s (NasdaqGS:FB) recent public relations flap involving Cambridge Analytica is calling attention to an array of technology exchange traded funds featuring exposure to shares of the social ...
View more earnings on TECS See more from Benzinga Leverage Comes To The Robotics Trade A Rapidly Growing Developed Markets ETF Bipartisanship In An ETF © 2018 Benzinga.com. Benzinga does not provide investment ...
Technology stocks and tech ETFs have been on a wild ride this year but they remain among the better performing areas of the market. Traders who want to hedge against the wide swings or double down on the ...
The S&P500 Information Technology Sector GICS level 1 is up by a whopping 39% since last January. The first was the issue of visas and whether President Trump would crack down on some of the highly skilled workers needed in the tech industry from other countries. Second, Silicon Valley was initially fairly hostile to President Trump, and there was concern over some type of retribution.
Most investors are well aware of how fabulous tech stocks have been this year. As mentioned, the tech-heavy NASDAQ is up over 25%, while the Philadelphia Semiconductor Index, or SOX, is up over 37% this ...
As has been widely documented , the technology sector saw its first real weakness of the year at the end of November. The Nasdaq 100 Index fell off nearly 3 percent from its highs, thought it has since ...