TECS - Direxion Daily Technology Bear 3X Shares
| Previous Close | 5.99 |
| Open | 6.09 |
| Bid | 6.17 x 4000 |
| Ask | 6.24 x 3200 |
| Day's Range | 5.88 - 6.46 |
| 52 Week Range | 4.95 - 17.78 |
| Volume | 5,353,399 |
| Avg. Volume | 4,112,850 |
| Net Assets | 53.73M |
| NAV | 6.27 |
| PE Ratio (TTM) | N/A |
| Yield | 2.41% |
| YTD Daily Total Return | -12.15% |
| Beta (5Y Monthly) | -1.90 |
| Expense Ratio (net) | 1.08% |
| Inception Date | 2008-12-17 |
- ETF Trends
For Traders Looking for Leverage, Tech is Still King
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.
- ETF Trends
Look to Leveraged Tech ETFs for Trade War Opportunities
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.
- Zacks
Markets Bleeding: Go Short With These ETFs
The myriad woes have resulted in huge demand for inverse or leveraged inverse ETFs for investors seeking to make big gains in a short span.
- Benzinga
Trading Eye For The Rate-Cut Guy
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 ...
- ETF Trends
Sector ETFs Most at Risk of Earning Disappointments Ahead
As we head toward earnings season, the latest quarterly results could disappoint, with information technology and health care and related exchange traded funds among the worst off. According to FactSet ...
- ETF Trends
Bears Making Tech Sector Their Punching Bag Amid Trade Worries
Monday’s market session saw the Nasdaq Composite enter into correction territory, which made the technology sector a punching bag for bears. Investors fretted over prolonged trade wars with China and now ...
- ETF Trends
Best Inverse ETFs to Play with Low Trading Capital
The latest volatility due to the U.S.-China trade wars are showing that it’s profitable to be a bear using inverse exchange-traded funds (ETFs). Gains can be had for inverse ETFs of the leveraged variety, ...
- ETF Trends
5 Leveraged 3X ETFs Thrived Last Week Amid Trade War Volatility
If the U.S.-China trade wars taught investors anything last week, it’s the notion that it’s profitable to be a bear. Gains were had for inverse exchange-traded funds (ETFs) of the leveraged variety. China ...
- Zacks
The Zacks Analyst Blog Highlights: YANG, SOXS, FNGD, EDZ and TECS
The Zacks Analyst Blog Highlights: YANG, SOXS, FNGD, EDZ and TECS
- Zacks
5 Inverse ETFs That Gained in Double Digits Last Week
The trade fight has raised the appeal for inverse leveraged ETFs as investors can seek higher returns in a short time span.
- Zacks
Trump Tariff Threats Resume: How to Profit With Inverse ETFs
After reaching a peak last week, Wall Street tumbles with the resurfacing of President Donald Trump's tariff threat. Investors seeking to capitalize the bearish market sentiments in a short span could consider any of the following inverse ETFs.
- Benzinga
The (Not So) Black-And-White Choice Between Growth And Value
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.
