DPST News and Press, Direxion Daily Regional Banks Bull 3X Shares From 06/27/23

2023-06-27 06:14:14 ET Summary Regional Banks have all the characteristics of Schrodinger's Cat. They appear phenomenally cheap on current earnings. They are dead in the water when you price in a reasonable cost of funds. We look at two popular funds and tell you how you s...

2023-06-24 10:30:43 ET Gainers: Ultra Bloomberg Natural gas 2X ETF ( BOIL ) +14% . FTSE China Bear -3X Direxion ( YANG ) +24% . Semiconductor Bear -3X Direxion ( SOXS ) +16% . Ultrashort MSCI Japan -2X ETF ( EWV ) +9% . Losers: Regio...

2023-06-20 05:12:05 ET Summary Two new Breakout Stocks for Week 25 with better than 10% short-term upside, ETF updates, and two Dow 30 Picks. Average cumulative returns for 2023 are +105.71% YTD. Last week, we had peak gains in LUNR +25.7%, PDD +8.8%, AVO +8.3%, and the Active ETF...

2023-06-11 05:32:03 ET Summary Two new Breakout Stocks for Week 24 with better than 10% short-term upside, ETF updates, and two Dow 30 Picks. Average cumulative returns for 2023 are +97.7% YTD. Last week we had peak gains in EHTH +37.8%, FCEL +15.6%, PLL +9.4% and the Active ETF p...

2023-06-08 18:53:06 ET Summary The shift on Friday showed a strong early move toward value stocks that have been lagging the huge, but narrow rally in Technology mega caps. Resolution of the 103rd debt ceiling standoff since 1944 created a nice rally on Friday after weeks of awful...

2023-06-08 07:31:00 ET Summary S&P Global PMI survey data show global growth to have been led by the financial services industry in May, for which a broad-based upturn was recorded across the US, Europe and Asia. The Global PMI - compiled by S&P Global across over 40 econo...

2023-06-07 14:18:09 ET Summary The unprecedented speedy tightening monetary cycle we're still witnessing has caused a tremendous shift in attitude and investing style. Following many years of extremely low rates, the death of TINA (not Turner, "there is no alternative") is also ma...

2023-06-04 11:53:14 ET Summary Momentum Memo: Biggest Shift Into Lagging Value Sectors In Friday Breakout. Resolution of the 103rd debt ceiling standoff since 1944 created a nice rally on Friday after weeks of awful market chop and sector rotation. The Momentum Memo highlights...

2023-05-26 08:30:00 ET Summary If the asset side of a bank’s balance sheet shrinks, the liability side of the balance sheet must get crunched too by the same amount. The FDIC and other agencies are already considering introducing long-term debt requirements for banks with m...

2023-05-25 12:45:00 ET Summary Banks have been well-represented across the value indices. The midcap value index tracks about 30 super regionals. But smaller regional and community banks - more than 300 of them - dominate the small-cap value index. The sheer number of banks in the...