DRN News and Press, Direxion Daily Real Estate Bull 3x Shares From 05/08/23

2023-05-08 11:50:00 ET Summary Financial cracks from rate hikes have led to jitters over commercial real estate. Yet, granularity is key. We see opportunities in some U.S. industrial properties. The Federal Reserve signaled a pause may follow last week’s rate hike. Yet, job...

2023-05-07 09:00:00 ET Summary U.S. equity markets finished lower on a turbulent week after the Federal Reserve continued its historically-aggressive monetary tightening course, sparking renewed turmoil in the regional banking sector. After closing at its highest levels since earl...

2023-05-07 05:15:00 ET Summary Just because corporate real estate has had its troubles, doesn't mean there aren't attractive opportunities within the listed-REIT space for diligent investors willing to look. Following the failures of Silicon Valley Bank and Signature Bank, concern...

2023-04-30 09:00:00 ET Summary U.S. equity markets extended their rebound this week as a strong slate of earnings reports clashed with renewed concerns over financial instability and economic data that provided fodder for both bulls and bears. Closing at its highest levels since e...

2023-04-27 16:09:00 ET Summary Commercial real estate markets are under acute pressure amid higher interest rates and financing constraints. Prices in the public markets have tumbled, while prices in the private markets have yet to catch up. Bank lenders are constrained by limited...

2023-04-23 09:00:00 ET Summary U.S. equity markets finished mixed this week as investors weighed a solid start to earnings season against a mixed slate of economic data and a drumbeat of hawkish Fed commentary. Real estate equities were among the leaders this week, buoyed by signs...

2023-04-22 12:00:00 ET REIT returns outweighed returns from other major indices this week, and the sector is expected to outperform private real estate and broader equities in 2023. U.S. stocks could not impress this weak as earnings from major names failed to spark momentum an...

2023-04-20 10:00:00 ET Summary A success story of the "Modern REIT Era," Casino REITs have been the best-performing property sector since their emergence in the mid-2010s, honing the competitive advantages of the public REIT model. Casino REITs were the lone property sector to fin...

2023-04-16 09:00:00 ET Summary U.S. equity markets finished broadly higher this past week after a critical slate of inflation data provided further evidence of a definitive cool-down in inflationary pressures. After narrowly snapping a three-week winning streak in the prior week, ...

2023-04-12 10:00:00 ET Summary With recent distress across office markets seizing the headlines, Mall REITs are no longer the "Problem Child" of the REIT sector, particularly after weaker players and lower-tier malls closed shop. Following three years of rental rate and occupancy ...