DPST News and Press, Direxion Daily Regional Banks Bull 3X Shares From 05/08/23

2023-05-08 14:47:55 ET The latest banking crisis has spurred enormous trading volume in the world's largest exchange traded fund focused on the regional bank sector. The SPDR S&P Regional Banking ETF ( NYSEARCA: KRE ), with its $2.82B assets under management, has seen ...

2023-05-08 13:20:00 ET Summary In my last post, I looked at banking as a business, and used a simple banking framework to advance the notion that the key ingredient tying together the banks that have failed so far in 2023 is an absence of stickiness in deposits, created partially by d...

2023-04-07 06:48:02 ET Summary I downgraded the Direxion Daily Regional Banks Bull 3X Shares last month, but the recent selloff has led me to revisit the bearish call. The economic outlook remains concerning, but the much lower ETF price and a few important developments of late mu...

2023-03-18 10:35:44 ET Gainers: Graniteshares Coinbase 1.5X daily ETF ( CONL ) +65% . Microsectors Gold Miners 3X ETN ( GDXU ) +37% . Proshares Bitcoin Stratefy ETF ( BITO ) +36% . Vaneck ETF Trsust Vaneck Bitcoin Strategy ( XBTF ) +35% . ...

2023-03-11 04:55:57 ET Summary The Direxion Daily Regional Banks Bull 3X Shares ETF is about as aggressive a fund as one may find in the market. I thought that going long DPST in March 2020 made sense — but not so much today, despite the ETF being at a 24-month low. Whi...

2023-03-11 04:16:09 ET Gainers: 2x Long VIX Futures ETF ( BATS: UVIX ) +43% . ProShares Ultra VIX Short-Term Futures ETF ( BATS: UVXY ) +32% . ConvexityShares Daily 1.5x SPIKES Futures ETF ( NYSEARCA: SPKY ) +31% . Direxion Daily S&P...

2023-03-10 08:04:50 ET Summary The news in banking is that SVB Capital had to sell securities marked for sale in order to shore up cash balances, as well as issue new shares. SVB finances venture, so this is another negative indicator for the VC space. More importantly, it is ...

Direxion Daily Regional Banks Bull 3X Shares (DPST) - $0.0861. Payable Jun 29; for shareholders of record Jun 23; ex-div Jun 22. For further details see: Direxion Daily Regional Banks Bull 3X Shares declares distribution of $0.0861

Hanover Bancorp has filed proposed terms to raise $30 million in an IPO. This New York City and Long Island bank provides depositors and borrowers with financial services. HNVR has performed well and will likely pay a 1.8% dividend yield, but the stock may not be a fast grower, so...

Gainers: Microsectors -3X U.S. Big Banks ETN (BNKD) +21%. Real Estate Bull 3X Direxion (DRN) +14%. Semiconductor Bear 3X Direxion (SOXS) +13%. S&P Biotech Bull 3X Direxion (LABU) +12%. Utilities Bull 3X Direxion (UTSL) +11%. Losers: Microsectors 3X U.S. Big Banks ETN (BNKU) -18%. ETFMG Da...