DPST News and Press, Direxion Daily Regional Banks Bull 3X Shares From 05/06/21

Diversification remains key. Flexible strategies can also take advantage of a more uncertain yield and spread environment. We continue to find reasonable opportunity in both public and private credit markets. We find value in non-agency mortgages and prefer cyclicals to growth sto...

With greater clarity on the sustainability of the economic recovery, we also saw the opportunity set across markets broaden to include sectors beyond those seen as the primary beneficiaries of an economic reopening. As expected, the recovery hasn't been smooth sailing for all, with su...

Fact: Financials is the most attractively-priced sector out there. Fact: Financials is the most overweight sector out there. Fact: Financials is the most hurdle-free sector out there. Conclusion: We see no reason not to be bullish on Financials. For further details see: ...

JPMorgan reports Tuesday morning, April 14th, before the opening bell with Street consensus currently expecting $3.07 in EPS on $30.5 billion in revenue for expected y/y growth of 294% and 8% respectively. Goldman reports Tuesday morning April 14th before the opening bell and current ...

The expected 21Q1 earnings growth rate is currently 24.2%, which has increased from 16.0% at the beginning of the year. All but two sectors have seen positive revisions to 21Q1 growth expectations since the beginning of the year. In 2021, we expect to see a year of high expectatio...

The big news of the week was the spike in interest rates, which according to the press reports I read, "came out of nowhere". Last week's economic reports were mostly positive and better than expected. US stocks took a breather last week but global stocks managed a small gain. ...

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...