TECS - Direxion Daily Technology Bear 3X Shares
| Previous Close | 11.24 |
| Open | 10.97 |
| Bid | 11.55 x 1400 |
| Ask | 11.48 x 4000 |
| Day's Range | 10.93 - 11.44 |
| 52 Week Range | 10.93 - 35.47 |
| Volume | 699,061 |
| Avg. Volume | 804,944 |
| Net Assets | 44.48M |
| NAV | 11.42 |
| PE Ratio (TTM) | N/A |
| Yield | 2.01% |
| YTD Return | -58.45% |
| Beta (3Y Monthly) | -3.02 |
| Expense Ratio (net) | 1.10% |
| Inception Date | 2008-12-17 |
- ETF Trends•20 days ago
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•2 months ago
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•2 months ago
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•2 months ago
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•2 months ago
The Zacks Analyst Blog Highlights: YANG, SOXS, FNGD, EDZ and TECS
The Zacks Analyst Blog Highlights: YANG, SOXS, FNGD, EDZ and TECS
- Zacks•2 months ago
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•3 months ago
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•3 months ago
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.
- ETF Trends•4 months ago
Man Behind 5 New Machine-Driven ETFs Says This Is the Future for Investing
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.
- Market Realist•5 months ago
Will Tech Stocks Lead the Way in 2019?
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
- ETF Trends•6 months ago
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•7 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•7 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•8 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•9 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•9 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•9 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•10 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•10 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•last year
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•last year
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•last year
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 ...
