DPST News and Press, Direxion Daily Regional Banks Bull 3X Shares From 05/15/20

Gainers:  Natural Gas -3X Inverse ETN Velocityshares (NYSEARCA: DGAZ )  +41.4% . More news on: VelocityShares 3x Inverse Natural Gas ETN, BMO MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETN, Direxion Daily Real Estate Bear 3x Shares ETF, News on ETFs, Stocks on the ...

Within two or three months, the whole world seems to be changing. And, most people agree, it will never be the same again. The spread of the coronavirus pandemic, the societal shutdown, and the pending economic recession are driving change. And the availability of all the new information tec...

As the Fed puts finishing touches on its Main Street Lending Program, U.S. banks are pressing for changes that would allow for more rate flexibility and smaller loans, Reuters reports. More news on: SPDR S&P Regional Banking ETF, SPDR S&P Bank ETF, iShares U.S. Regional Banks ETF...

Gainers:  DB Crude Oil -2X ETN Powershares (NYSEARCA: DTO )  +81.4% . More news on: DB Crude Oil Double Short ETN, BMO MicroSectors FANG+ Index 3X Leveraged ETN, Direxion Daily S&P Biotech Bull 3x Shares ETF, News on ETFs, Stocks on the move, Read more ...

Gainers:  Direxion Homebuild & Suppliers Bull 3X (NYSEARCA: NAIL )  +91.8% . More news on: Direxion Daily Homebuilders & Supplies Bull 3x Shares ETF, Direxion Daily Retail Bull 3x Shares ETF, Direxion Daily Real Estate Bull 3x Shares ETF, News on ETFs, Stocks on the mov...

NEW YORK , April 8, 2020 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of twelve ETFs (each, a "Fund" and collectively, the "Funds"). The total market value of the shares outstanding will not be affected as a result of the...

Under the $350B in loans being offered to U.S. small businesses as part of the massive $2.2T coronavirus relief package signed last week, banks will be earning fees from the federal government that could amount in the billions. More news on: SPDR S&P Regional Banking ETF, SPDR S&...

Over the past several years, the number of smaller banks in the US banking system has been declining dramatically. A banking system built that once prided itself on the community bank was moving rapidly moving to become a banking system dominated by a relatively small number of commercial bank...

Fed Chair Jerome Powell says the central bank is working on a Main Street Lending Facility to help smaller businesses, Bloomberg reports. More news on: SPDR S&P Regional Banking ETF, SPDR S&P Bank ETF, iShares U.S. Regional Banks ETF, News on the U.S. economy, Financial stocks news...

Recent History It has been Goldilocks times for banks in the last two years. Profits have been strong, loans have grown, interest margins have been solid, and problem loans have been low. Two items of note have occurred in the past two years. The biggest item was the tax rate cut effecti...