DPST News and Press, Direxion Daily Regional Banks Bull 3X Shares From 10/12/23

2023-10-12 20:10:00 ET Summary Halloween season is now upon us and if you look at recent price action within the U.S. Treasury (UST) market, it looks as if the spooks have started already. The recent surge in the UST 10-Year yield to 4.80% caught many observers by surprise and has...

2023-10-12 01:30:00 ET Summary Bank credit default swaps, which reflect the cost of insuring against losses on bank debt holdings, have risen, maybe in anticipation of Q3 results. In a weakening economy, banks are expected to experience higher delinquencies and charge-offs. In...

2023-10-03 02:12:00 ET Summary As rates rise, a bank’s assets tend to reprice faster than its liabilities. Neobanks and fintechs are the offspring of low rates and technological disruption. New production — slower credit growth due to tighter conditions and a det...

2023-09-29 02:25:00 ET Summary Massively inflated during the pandemic, corporate profits are still not normalizing, and bode well for future investments and economic growth. Corporate profits rose 1.3% from the prior quarter and 6.2% year-over-year, to a seasonally adjusted annual...

2023-09-27 21:40:00 ET Summary Falling valuations of commercial real estate (CRE), especially in downtown office areas, will have a limited impact on both large globally systemically important banks (G-SIBs) and regional banking organizations, due to manageable exposure to the sector....

2023-09-26 02:12:00 ET Summary Nominal and inflation-adjusted yields haven’t been this high in about 15 years. Monetary policy is becoming quite restrictive, and ultimately, we think it will cause an economic slowdown, if not a mild recession. We see significant global ...

2023-09-20 13:38:14 ET More on Direxion Shares ETF Trust - Direxion Daily Regional Banks Bull 3X Shares For further details see: Direxion Daily Regional Banks Bull 3X Shares declares quarterly distribution of $0.4622

2023-09-19 22:50:00 ET Summary Banks have reemerged as a potential pain point for the investment community, as rating agencies recently embarked on a downgrade cycle in the sector. There’s no single cause for these bank downgrades, which means this probably should not be ta...

2023-09-19 12:40:45 ET Summary I don't really think the majority of investors and traders understand how leverage and volatility interact. A leveraged ETF is more than a directional bet on endpoint, but also a path bet on low volatility because of the daily reset nature of these p...

2023-09-12 01:31:25 ET Summary The DPST ETF allows investors to place leveraged bets on the regional bank sector. It delivers 3x 1-day return of the S&P Regional Banks Select Industry Index. The regional bank crisis may be brewing again as commercial bank deposits decline in r...