DPST News and Press, Direxion Daily Regional Banks Bull 3X Shares From 07/13/23

2023-07-13 02:35:00 ET Summary Despite a meaningful rally in the second quarter, bank spreads are still wide relative to the broader investment-grade corporate market. In March, the spread differential between the Bloomberg U.S. Investment Grade Banking Index and the Bloomberg U.S...

2023-07-10 05:30:00 ET Summary Financial and tech sectors face weak comparisons from late 2022, while the energy sector faces stronger comparisons and good growth from late 2022. The 'pandemic' influence will ripple through the S&P 500 numbers through the end of 2023. Fina...

2023-06-29 21:26:00 ET Summary Non-Bank Financial Intermediaries (NBFIs) have grown significantly since 2008 and as a result, the sector's influence has come under increasing scrutiny. NBFIs were thrust into the spotlight once again this year following the recent turmoil in the ba...

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...