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home / news releases / SMLL - The Current Market Like 1987 Or 2008/2009


SMLL - The Current Market Like 1987 Or 2008/2009

Originally published April 20, 2020

Investors and the market are entering peak earnings season and with futures down Monday morning, it seemed investors may be facing a buy the rumor sell the news type of market. The crash in oil prices, with NYMEX crude down 35% to $11.77 per barrel, is adding to the negative market sentiment. Up until this peak earnings period for the first quarter, the S&P 500 Index rose over 28% off the March 23 low as of Friday's (4/17/2020) close. The speed of the market decline from February and the subsequent

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Stock Information

Company Name: Direxion Daily Small Cap Bull 2X Shares
Stock Symbol: SMLL
Market: NYSE

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