DPST News and Press, Direxion Daily Regional Banks Bull 3X Shares From 09/22/20

In this article I will walk you through the commonly used but wrong way to think about volatility decay. We'll then walk through an example of volatility decay with realistic numbers. Afterwards, we'll build a simple mathematical model to calculate volatility decay from first prin...

The Federal Reserve said it's considering extending its caps on banks' dividends and stock repurchase  for the rest of the year due to heightened economic uncertainty. More news on: JPMorgan Chase & Co., Wells Fargo & Company, Bank of America Corporation, Financial stocks new...

Gainers:  BMO Rex Microsectors Fang Index 3X Leveraged Ex (NYSEARCA: FNGU )   +24.5% . More news on: BMO MicroSectors FANG+ Index 3X Leveraged ETN, BMO MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shar...

U.S. banks have seen their Q2 profits plunge due to rock-bottom interest rates and preparations for a surge in loan defaults. Anthony Okolie speaks with Monica Yeung, Global Financials Analyst, TD Asset Management, about the latest results and how U.S. banks are weathering the pandemic. ...

While the tech and the precious metals sector have to date recovered sharply from the first leg of the 2020 market plunge, other more economically reflective sectors like financials, energy and real estate investment trusts are not feeling the same optimism and remain mired in a bear market. S...

By Kurt Feuerman The Fed's recent stress tests triggered sharp declines in US bank stocks amid concern over new capital buffer requirements. But bank fundamentals haven't changed much, and earnings may be more resilient than expected in the face of a terrible economy. Results As Expected...

Gainers:  Natural Gas 3X Long ETN Velocityshares (NYSEARCA: UGAZ )  +35.3% . More news on: VelocityShares 3x Long Natural Gas ETN, ProShares Trust II - ProShares Ultra Bloomberg Natural Gas, Direxion Daily CSI 300 China A Share Bull 2x Shares ETF, News on ETFs, Stocks on the mo...

The Fed's $600B Main Street Lending Facility is "not getting a ton of interest from borrowers," Fed Chair Jerome Powell said during his testimony yesterday in Congress. More news on: SPDR S&P Regional Banking ETF, SPDR S&P Bank ETF, Direxion Shares ETF Trust - Direxion Daily Region...

Gainers:  Natural Gas -3X Inverse ETN Velocityshares (NYSEARCA: DGAZ )  +45.8% . More news on: VelocityShares 3x Inverse Natural Gas ETN, ProShares Trust II - ProShares UltraShort Bloomberg Natural Gas, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares ETF, S...

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...