TECS - Direxion Daily Technology Bear 3X ETF
18.81 0.00 (0.00%)
After hours: 5:03PM EST
| Previous Close | 19.27 |
| Open | 18.82 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 900 |
| Day's Range | 18.75 - 19.12 |
| 52 Week Range | 17.59 - 35.47 |
| Volume | 376,334 |
| Avg. Volume | 603,545 |
| Net Assets | 36.07M |
| NAV | 19.25 |
| PE Ratio (TTM) | N/A |
| Yield | 0.91% |
| YTD Return | -30.48% |
| Beta (3Y Monthly) | -2.76 |
| Expense Ratio (net) | 0.96% |
| Inception Date | 2008-12-17 |
- ETF Trends•last month
Nasdaq Rallies, Fueling “TECL” Leveraged ETF
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 ...
- Benzinga•2 months ago
It Can Pay To Be Bearish On Tech
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, ...
- ETF Trends•2 months ago
Tech Wreck May Not be Over
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 ...
- Benzinga•3 months ago
This Leveraged ETF Rapidly Became One Of November's Best
Monday's list of the largest percentage losers among U.S. stocks underscores ongoing weakness in once high-flying growth and momentum names, many hailing from the technology sector. Semiconductor maker ...
- Benzinga•4 months ago
How The Market's Volatility Is Shaking Out In Leveraged ETFs
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 ...
- Benzinga•4 months ago
Time To Talk Tech With Leveraged ETFs
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 ...
- Benzinga•4 months ago
Some Traders Were Prepared For Wednesday's Tech Slide
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 ...
- ETF Trends•5 months ago
ETF Investors Should Monitor Tech if Trade Wars Escalate
With the latest round of tariffs on Chinese companies going into effect, ETF investors should keep an eye on the technology sector if relations between China and the U.S. continue to deteriorate. "You can get too comfortable with the fact that tariffs haven't done much to slow down the U.S.," Ryan Detrick, senior market strategist at LPL Financial, told CNBC. Tariffs raise the cost for companies, which would mean higher costs for consumers on a number of goods.
- ETF Trends•5 months ago
Leveraged ETFs that Capitalize on Strength, Weakness in Tech
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.
- ETF Trends•6 months ago
10 Inverse ETFs to Hedge Against Further Stock Market Risks
Morgan Stanley's chief U.S. equity strategist Michael Wilson warned the equity market is heading toward a destructive phase, CNBC reports. "The Nasdaq could correct by 15 percent plus, the S&P 500 probably goes down about 10 [percent]," Wilson told CNBC.
- Benzinga•7 months ago
Leveraged ETF Traders Were Jittery About Apple Earnings
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) ...
- ETF Trends•7 months ago
Alphabet, Amazon, Oh My: A Big Week For Internet 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 ...
- ETF Trends•8 months ago
12 ETF Strategies to Cope with Changing Markets
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.
- Benzinga•8 months ago
Apple's $1 Trillion Quest Lures Contrarians To A Leveraged ETF
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.
- Benzinga•10 months ago
Facebook Volatility Providing An Opportunity In Some Leveraged ETFs
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.
- ETF Trends•10 months ago
Facebook Flap: More Friends for These ETFs
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 ...
- Benzinga•10 months ago
Time To Talk With Leveraged ETFs
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 ...
- ETF Trends•10 months ago
2 ETFs to Aggressively Play Tech Sector Trends
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 ...
- ETF Trends•11 months ago
Look to Inverse Tech ETFs to Hedge Against Further Swings
Technology stocks have been among the best performers in bull market rally, but have recently experienced wild swings that have shaken many investors. If volatile in this market segment continues, traders ...
- PR Newswire•last year
Direxion Announces Reverse Splits of Five ETFs
NEW YORK , Feb. 28, 2018 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Technology Bear 3X Shares, Direxion Daily Energy ...
- Market Realist•last year
Will the Technology Sector Keep Up the Blaze?
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.
