ETF Top Gainers – Biggest Monthly Rally Since 1974
Euphoria over European debt crisis proposals continued this week, as well as additional positive news about strengthening of the U.S. economy, fueling the biggest monthly market rally since 1974. The DOW gained 339 points to close above 12,000 at 12,208. Top ETF gainers for the past 4 weeks include: ERX Direxion Daily Energy Bull 3x Shares +58.9% [...]
ERX Among Leading Daily Gainers
ERX, Direxion”s Daily Energy Bull 3x Shares (ERX), is currently among today’s leading gainers in the leveraged ETF sector, as the energy sector rebounds, posting an intraday range thus far of 51.77 to 53.33, currently trading near 53 per share, up mid day over 5% relative to yesterday’s close. Leveraged bull and bear oriented ETFs [...]
Market Reversal Reflected in Stunning ETF gains
The market reversed sharply in the last hour of today’s trading, with ETFs recovering much of the ground that was lost in yesterday’s sharp decline. For example: FAS, the triple leveraged bull oriented financial sector ETF regained 21.3% today. TNA, the triple leveraged bull oriented ETF which tracks the Russell 2000, gained 19.9% ERX, the [...]
Newest Direxion ETFs to be Serviced by BNY Mellon
Direxion Funds, one of the leading issuers of leveraged ETFs, has chosen BNY Mellon to provide ETF services for its nine most recently launched ETFs. Eight of the nine new ETFs are designed to leverage 300% of the daily performance (or 300% of the inverse) of the Agribusiness, Russian, Materials and Healthcare industries. The final [...]
Direxion Adds Five New Leveraged ETFs to its Lineup
Direxion Funds, one of the leading issuers of leveraged ETFs, has expanded its lineup with the launch of five new funds. Four of the five new ETFs are designed to leverage 300% of the daily performance (or 300% of the inverse) of the Materials and Healthcare industries, which are both said to be currently trading [...]
Direxion Adds Four New Leveraged ETFs to its Lineup
Direxion Funds, one of the leading issuers of leveraged ETFs, has expanded its lineup with the launch of four new funds. The new ETFs are designed to leverage 300% of the daily performance (or 300% of the inverse) of the Agribusiness sector and Russia. According to the press release, the new funds are listed as: [...]
Reverse Split for Direxion Leveraged ETFs
Direxion, a prominent issuer of leveraged ETFs, is intending to execute a 1 for 5 reverse split on shares of its Daily Large Cap Bear 3x Shares (BGZ). The split will be applied to its Daily Mid Cap Bear 3x Shares (MWN), Daily Developed Markets Bear 3x Shares (DPK) and Daily Semiconductor Bear 3x Shares [...]
