FAS News and Press, Direxion Financial Bull 3X Shares From 08/20/19

Comptroller of the Currency Joseph Otting signs off on a final rule amending the Volcker Rule that's designed to simplify the rule while keeping protections core to the safety and soundness of the federal banking system, his office said. More news on: Financial Select Sector SPDR ETF, Di...

The Financial sector has been an overweight for some time in client accounts, and it's hurt performance for the last two years, or since Jan 1, '18. Clients' biggest financial weighting has been Schwab (SCHW) given its asset-gathering prowess (and it is our only 3rd party client custodian) a...

Financial Select Sector SPDR ETF ( XLF +2% ) saw $3B in outflows so far this month, putting the ETF on the verge of beating December's record outflow of $3.1B, according to Bloomberg data. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxi...

U.S. financial regulators may complete their revamp of the Volcker Rule limits on banks' trading with their own funds as soon as next week, Bloomberg reports, citing four people familiar with the matter. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Sha...

Non-bank financial institutions are becoming more active in underwriting, syndication, direct lending, and more aggressive parts of leveraged lending, such as leveraged buyouts and dividend recapitalizations, according to a report by Fitch Ratings that assesses risk of leveraged loan and c...

With interest rates declining and threatening banks' profits, money is flowing out of financial ETFs at the fastest pace of the year. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial stocks n...

Financials buck the broader market decline as many banks turn in better-than-expected Q2 results. More news on: Financial Select Sector SPDR ETF, Morgan Stanley, BB&T Corporation, Financial stocks news, Stocks on the move, News on ETFs, Read more ...

About 10% of the S&P 500 will report next week, and 24 of those 52 scheduled reports will be Financial companies. Here is the S&P 500 Earnings data by the numbers: (Source: IBES by Refinitiv) Fwd 4-qtr est: $174.68 vs. $174.87 from last week PE ratio: 17.25x PEG ...

Morgan Stanley's Betsy Graseck shifts her view on large-cap banks to "in-line" from "attractive," noting fewer positive catalysts ahead now that the Fed's stress tests are over. More news on: SPDR S&P Bank ETF, American Express Company, Discover Financial Services, Financial stocks n...

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...