DPST News and Press, Direxion Daily Regional Banks Bull 3X Shares From 09/05/19

For the 5,303 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC), aggregate net income of $62.6B in Q2 rose 4.1% Y/Y, led by higher net interest income. More news on: SPDR S&P Regional Banking ETF, SPDR S&P Bank ETF, iShares U.S....

David Beckworth : Our guest today is Thomas Hoenig. Tom was Vice Chair of the FDIC from 2012 to 2018, and then 20 years prior to that he was president of the Kansas City Federal Reserve Bank. Tom is currently a distinguished senior fellow at the Mercatus Center at George Mason University, whe...

The Financial sector has been an overweight for some time in client accounts, and it's hurt performance for the last two years, or since Jan 1, '18. Clients' biggest financial weighting has been Schwab (SCHW) given its asset-gathering prowess (and it is our only 3rd party client custodian) a...

Gainers:  VS 2X VIX Short Term (NASDAQ: TVIX )  +39.5% . Ultra VIX Short-Term Fut Proshares (NYSEARCA: UVXY )  +30.8% . Semiconductor Bear 3X Direxion (NYSEARCA: SOXS )  +22.0% . Ipath.B S&P 500 VIX Short-Term Futures ETN (BATS: VXX )  +19.9% . VIX Short-Term F...

The major US banks reported quarterly earnings that beat expectations, but the prospect of lower interest rates could pose a risk in the second half of the year. Monica Yeung, Global Financials Analyst, TD Asset Management, talks about the latest results and the outlook for the Read mor...

Gainers:  Direxion Natural Gas Bear 3X (NYSEARCA: GASX )  +15.2% . Semiconductor Bull 3X Direxion (NYSEARCA: SOXL )  +14.2% . Direxion Regional Banks Bull 3X (NYSEARCA: DPST )  +11.4% . Ultra Semiconductors Proshares (NYSEARCA: USD )  +9.1% . Natural Gas -3X Invers...

In a previous article I said net interest margins were going to fall off a cliff this year because of lower loan rates and higher deposit rates. This prediction has come true. In fact, this is the effect of an inverted yield curve on net interest margins. The unwinding of the Fed balance she...

Today we discuss another round of stories from the financial world that tie together two major factors impacting the banking system right now. The two major factors I am talking about have to do with the amount of money that has been…and still is…available to borrowers and the ...

Gainers:  Natural Gas 3X Long ETN Velocityshares (NYSEARCA: UGAZ )  +19.4% . Ultra DJ-UBS Natural Gas Proshares (NYSEARCA: BOIL )  +13.0% . Semiconductor Bull 3X Direxion (NYSEARCA: SOXL )  +10.6% . Ipatha.B Coffee Subindex TR ETN (NYSEARCA: JO )  +9.3% . Direxion ...

By Justin Murray Broadly speaking, banks operate under the concept of maturity transformation. Banks take short-term - less than one year - financing vehicles, such as customer deposits, and use that to finance long-term - more than one year - returns. These returns range from the most com...