FAS News and Press, Direxion Financial Bull 3X Shares From 04/13/19

Corporate high yield, as symbolized by the iShares iBoxx $ High Yield Corporate Bond ETF (HYG), outperformed the S&P 500 this week, returning +0.61% vs. the SPY's +0.51%. I would think that would bode well for forward returns for the S&P 500, as the key benchmark is now just 35 point...

Financial stocks power up as the first crop of Q1 bank earnings come in stronger-than-expected, for the most part. More news on: Financial Select Sector SPDR ETF, SPDR S&P Regional Banking ETF, JPMorgan Chase & Co., Financial stocks news, Stocks on the move, News on ETFs, Read ...

Tighter financial conditions in Q4 2018 were "too short-lived to meaningfully slow the buildup of vulnerabilities," the International Monetary Fund concludes in its April 2019 global financial stability report. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull...

The CEOs of the biggest U.S. banks plan to tell Congress this week that regulatory reforms since the 2008 financial crisis have made the U.S. financial system less risky and more resilient. More news on: JPMorgan Chase & Co., Citigroup Inc., The Goldman Sachs Group, Inc., Financial s...

JPMorgan Chase ( JPM -0.9% ) and Wells Fargo ( WFC -1.5% ) will start off Q1 earnings season on Friday, giving an early view of how the year is shaping up. More news on: JPMorgan Chase & Co., Wells Fargo & Company, The Goldman Sachs Group, Inc., Financial stocks news,...

Warren Buffett says that Berkshire Hathaway (NYSE: BRK.B ) (NYSE: BRK.A ) has substantial holdings in banks because it's a business he understands and "I think 10 years from now, they'll be worth more money," Yahoo Finance reports. More news on: Berkshire Hathaway Inc., Berkshire Hathawa...

As the M&A boom slows, big investment banks are setting their sights on smaller deals that they wouldn't have even noticed a few years ago, the Wall Street Journal reports. More news on: JPMorgan Chase & Co., Piper Jaffray Companies, Citigroup Inc., Financial stocks news, Merge...

U.S. banking regulators propose to limit interconnectedness of large banks to cushion the blow if a megabank collapses. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial stocks news, News on...

Tremendous article by Josh Brown today on Second Chances. Couldn't let it pass: " Second Chances are Important ." ----------------- In the 1990s, the two sectors moved together, and at one point in the early 2000s, both sectors together comprised close to 50% of the market cap of the S&...

After Trump-appointed regulators introduced a more industry-friendly version of the Volcker rule last year, the financial industry objected. More news on: Bank of America Corporation, Citigroup Inc., JPMorgan Chase & Co., Financial stocks news, News on ETFs Read more ...