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DPST News and Press, Direxion Daily Regional Banks Bull 3X Shares From 06/26/20

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Company Name: Direxion Daily Regional Banks Bull 3X Shares
Stock Symbol: DPST
Market: NYSE

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DPST - The morning after: Bank-focused ETFs down more than 1% after stress tests

The Fed last night ordered banks to suspend dividend increases and not resume buybacks through at least the third quarter. Not only that, but dividends going forward will be limited to what the banks actually earn (more or less). More news on: Financial Select Sector SPDR ETF, SPDR S&P...

DPST - Financial Sector: 10% Market Cap Weight, 17% S&P 500 Earnings Weight

David Aurelio of Refinitiv is doing an earnings conference call today, i.e. Wednesday morning, June 24th, 2020 at 11:00 am central time. Search the Refinitiv website or David Aurelio's blog for the details. This blog's source earnings data comes from Refinitiv, which sources the data from IBES...

DPST - VXX, UVXY, TVIX and VIXY among weekly ETF movers

Gainers:  VS 2X VIX Short Term (NASDAQ: TVIX )  +56.3% . More news on: VelocityShares Daily 2x VIX Short-Term ETN, ProShares Ultra VIX Short-Term Futures ETF, VelocityShares VIX Short-Term ETN, News on ETFs, Stocks on the move, Read more ...

DPST - Regional banks take a hit after Powell's rates remark

Regional banks get hit particularly hard after Fed Chair Jerome Powell says, "We're not even thinking about thinking about raising rates." More news on: SPDR S&P Regional Banking ETF, SPDR S&P Bank ETF, Direxion Shares ETF Trust - Direxion Daily Regional Banks Bull 3X Shares, Fin...

DPST - How Banks Will Deal With The Coronavirus Aftermath - Is Bank Failure Imminent?

Scott McComb, CEO and Chairman of Heartland Bank (HLAN) joins us for a unfiltered discussion about COVID-19 and how banks will deal with the aftershock resulting from the virus. First off, he shared a not-so-well-known fact - that there is still money available for small business owners that c...

DPST - VIXY, REML, OIH and JETS among weekly ETF movers

Gainers: Direxion Daily S&P 500 High Beta Bull 3X Shares (NYSEARCA: HIBL )  +73.4% . More news on: Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares, BMO MicroSectors U.S. Big Oil Index 3X Leveraged ETN, Direxion Daily Latin America 3x Bull Shares ...

DPST - Banks pass on PPP funding as deposits pour in

With bank deposits surging at U.S. banks, they're not turning to the Fed to fund the government-backed loans they made to small businesses. More news on: Citigroup Inc., Bank of America Corporation, JPMorgan Chase & Co., Financial stocks news, News on ETFs, Read more ...

DPST - Another Bank Bailout Under Cover Of A Virus

Insolvent Wall Street banks have been quietly bailed out again. Banks made risk-free by the government should be public utilities. When the Dodd-Frank Act was passed in 2010, President Obama triumphantly declared, "No more bailouts!" But what the Act actually said was that the next time th...

DPST - KRE And Regional Banks: A Structural Short

The regional bank ETF ( KRE ) has been a structural short opportunity since 2018 as the sector continues to face mounting challenges in the form of persistently low interest rates, a flat yield curve, and weak consumer demand. Regional banks do not share the same secular uptrend seen in b...

DPST - SLV, UGAZ, DGAZ and USLV among weekly ETF movers

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 ...

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