FAS News and Press, Direxion Financial Bull 3X Shares From 03/17/20

The New York Fed will again conduct an additional overnight repurchase agreement operation this afternoon for an aggregate amount of $500B. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial ...

Baird analyst David A. George sees the Fed's 100-basis point rate cut creating ~15% headwind for banks' EPS. More news on: Bank of America Corporation, The Bank of New York Mellon Corporation, Citigroup Inc., Financial stocks news, News on the U.S. economy, Stocks on the move, News on ETFs...

The New York Fed's Open Market Trading Desk will conduct an additional overnight repo agreement operation from 1:30PM-1:45 PM ET for up to a total offered amount of $500B. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financia...

In the 1980s, I founded a boutique investment research firm in Manhattan, and published institutional research I called “Contrarian Research.” I spent a lot of time in the oil patch, and lost more than my unfair share of money there. Of the bad bets, of which there were several, ...

Whenever CNBC breaks out its “Markets in Turmoil“ chyron, markets tend to rally. Not this time! This is my 21st year in the capital markets. I have seen some crazy stuff. Actually, 99% of the stuff I have seen is boring stuff, but it’s the crazy stuff that I remember. ...

As an oil price war and the spread of coronavirus roil markets with little indication that the volatility will abate, analysts and economists are expecting the Fed to go beyond interest rate cuts and bond purchases to keep financial markets operating smoothly. More news on: Financial Sel...

The Fed says it will conduct Treasury purchases across a range of maturities as part of its $60B reserve management purchases for the month starting March 13. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Sha...

Private equity giant Blackstone Group (NYSE: BX ) is asking portfolio companies it controls to draw down their bank credit lines as a way to ensure that they'll have enough liquidity amid increasing signs of stress in markets, Bloomberg reports, citing people with knowledge of the matter. ...

The Fed is adding more liquidity to short-term funding markets by boosting overnight and term repurchase agreement operations. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, News on the U.S. economy,...

Tobias Adrian, director or Monetary and Capital Department of the International Monetary Fund, recommends that authorities keep a close eye on asset managers and exchange-traded funds, where investors might liquidate risky investments suddenly. More news on: Financial Select Sector SP...