4.9800 0.00 (0.00%)
After hours: 4:15PM EST
|Bid||4.9500 x 27000|
|Ask||5.0000 x 3100|
|Day's Range||4.9500 - 5.0900|
|52 Week Range||4.9500 - 19.4800|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-28.61%|
|Beta (5Y Monthly)||-3.06|
|Expense Ratio (net)||1.10%|
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 ...
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 ...
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 ...
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, ...
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 ...
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.
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.
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.
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