FAS News and Press, Direxion Financial Bull 3X Shares From 07/05/19

The financial sector is the only one of the 11 S&P 500 industry sectors on the rise after stronger-than-expected job gains in June complicates the case for a Fed rate cut at the end of this month. More news on: SPDR S&P Bank ETF, Bank of America Corporation, Morgan Stanley, Stock...

Employees of FAS component Goldman Sachs ( GS ) enjoying a coffee break (credit: Goldman Sachs ) Portfolio Armor's Current Top Name: FAS Portfolio Armor's universe includes every security with options traded on it in the U.S., so it includes exchange traded products such as Direxion Dai...

Greg Powell, deputy chief investment officer of Miller/Howard breaks down the dividend and buyback plans that 12 large U.S. banks announced yesterday after the Federal Reserve cleared their plans. More news on: The Goldman Sachs Group, Inc., Bank of America Corporation, Financial Select Se...

Attached is a weekly chart of Schwab (SCHW), clients' 2nd largest holding behind Microsoft (MSFT), and a mutual fund firm with $3.5-$4 trillion in assets under management, assets greater than Goldman Sachs, Morgan Stanley and a host of others. I was out to dinner a few weeks ago, with friend...

Volumes in the futures markets have moved significantly higher since the turn of the century, and the number of products offered by exchanges around the globe has increased. Futures offer hedgers, arbitrageurs, investors, and speculators the ability to add or remove risk from their portfolios....

With yields on the 10-year Treasury rising 4 basis points to 2.03%, mortgage REITs rise and most other REITs decline. More news on: Vanguard Real Estate ETF, UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares U.S. Real Estate ETF, Financial stocks news, News on the U.S. economy...

The net profit margin outlook for mortgage lenders turns positive for the first time in almost three years due to strong demand expectations for both purchase and refinance mortgages, according to the Fannie Mae Q2 Mortgage Lender Sentiment Survey. More news on: Financial Select Sector S...

Ned Davis Research is shifting 300 basis points of allocation from energy to financials, writes NDR consumer strategist Pat Tschosik in a note to clients. More news on: Energy Select Sector SPDR ETF, Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Financial s...

As the market prices in a higher probability of the Fed cutting rates come July and September, bank stocks slip. More news on: Bank of America Corporation, Citigroup Inc., JPMorgan Chase & Co., Financial stocks news, News on the U.S. economy, Stocks on the move, News on ETFs, Rea...

“In summer, the song sings itself” --The Botticellian Trees, William Carlos Williams, 1931 The summer is getting off to a disharmonious start in 2019. Following a relentless +26% rally from Christmas Eve through the end of April, the S&P 500 Index turned cold in May...