DPST News and Press, Direxion Daily Regional Banks Bull 3X Shares From 02/05/21

Gainers: DJ Internet Bull 3X Direxion (WEBL) +29.6%.S&P Biotech Bull 3X Direxion (LABU) +28.8%.Microsectors 3X U.S. Big Banks ETN (BNKU) +28.0%.S&P 500 High Beta Bull 3X Direxion (HIBL) +27.15%.Regional Banks Bull 3X Direxion (DPST) +26.77%.Losers: U...

Gainers: South Korea Bull 3X Direxion (KORU) +38.3%.Breakwave Dry Bulk Shipping ETF (BDRY) +34.3%.Microsectors U.S. Big Oil Index 3X ETN (NRGU) +30.9%.Regional Banks Bull 3X Direxion (DPST) +30.1%.S&P Oil & Gas Expl Bull 2X Direxion (GUSH) +24.6%.Losers: ...

When the pandemic broke in March, the biggest concern for the banking industry was the future level of bad loans. Almost all banks significantly increased their loan loss reserves in the first two quarters of 2020 to prepare for that. Numerous government actions and other factors ...

Regional banks are rising after Treasury yields climbed after news that a second COVID-19 vaccine will be submitted for emergency use authorization in coming weeks.10-year Treasury yield rises to ~0.91%, up from 0.87% in earlier trading.The S&P 1500 Composite Regional Banks Index ris...

Gainers: Microsectors U.S. Big Oil Index 3X ETN (NRGU) +61.4%.S&P Oil & Gas Expl Bull 3X Direxion (GUSH) +41.1%.Regional Banks Bull 3X Direxion (DPST) +39.6%.Energy Bull 2X Direxion (ERX) +35.0%.Ultra Oil & Gas Proshares (DIG) +33.0%Losers: Microsecto...

The Bank Index is down more than 30% year to date, while the S&P 500 Index is actually up on the year. What’s especially interesting about the banks’ underperformance this year is that it has come during a time when the yield curve has been widening. The median p...

This fourth article on depressed bank valuations is not intended to be political commentary but a factual, data-driven analysis of the risk of a Democrat sweep on November 3. The first article noted that valuations are near record lows, yet insiders are not buying, and Buffett is a ne...

Gainers: Regional Banks Bull 3X Direxion (DPST) +25.0%.Latin America Bull 3X Direxion (LBJ) +13.5%.Philippines Ishares MSCI ETF (EPHE) +10.2%.S&P 500 High Beta Bull 3X Direxion (HIBL) +9.0%.G-X Social Media ETF (SOCL) +8.4%.Losers: Homebuild & Suppli...

15-20 banks and financial names report this week. There remain a lot of questions about potential credit losses at the banks. The net interest margin compression will likely last a while unless the yield curve steepens, and that's more likely than the Fed raising rates. I do t...

Gainers: Pharmaceutical & Medical Bull 3X Direxion (PILL) +29.9%.S&P Biotech Bull 3X Direxion (LABU) +28.3%.Semiconductor Bull 3X Direxion (SOXL) +24.6%.Regional Banks Bull 3X Direxion (DPST) +22.7%.Latin America Bull 3X Direxion (LBJ) +21.7%.Losers: ...