FAS News and Press, Direxion Financial Bull 3X Shares From 04/07/20

To facilitate lending to small businesses through the SBA's Paycheck Protection Program, the Fed will establish a facility to provide term financing backed by PPP loans. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial ...

Private investors who lost money through disputed margin calls that resulted from COVID-19-induced market disruptions are starting to consider legal actions against banks and wealth managers, the Financial Times reports. More news on: Financial Select Sector SPDR ETF, Direxion Daily Fi...

Introduction The Weekly Breakout Forecast continues my doctoral research analysis on MDA breakout selections over more than 5 years. This subset of the different portfolios I regularly analyze has now reached 151 weeks of public selections as part of this ongoing live forward-testing resea...

The Federal Reserve establishes a temporary repurchase agreement facility for foreign and international monetary authorities (such as other central banks). More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Invesco DB USD Bullish ETF, Financial s...

Treasury Secretary Steven Mnuchin expects loans for small businesses that are part of the massive $2.2T economic aid legislation Congress passed last week to be available starting Friday. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxio...

Introduction The Weekly Breakout Forecast continues my doctoral research analysis on MDA breakout selections over more than 5 years. This subset of the different portfolios I regularly analyze has now reached 150 weeks of public selections as part of this ongoing live forward-testing. In...

Citigroup (NYSE: C ) CEO Mike Corbat says banks walk a "fine line" between supporting customers through the Covid-19 crisis and loading them with loans they won't be able to pay. More news on: Citigroup Inc., Bank of America Corporation, Financial Select Sector SPDR ETF, Financial stocks...

Five federal financial regulators urge banks, savings associations, and credit unions to offer responsible small-dollar loans to consumers and small businesses in response to Covid-19. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion D...

House Democrats introduced a broad-based $2.5T plan to mitigate economic damage from the coronavirus pandemic as efforts to pass a bill in the Senate hit more obstacles on Monday. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily ...

Forgetting energy, the financials ( XLF   -8.9% ) got hit harder than any sector today after the Fed more or less pledged to buy nearly any piece of paper out there with freshly minted dollars. More news on: Financial Select Sector SPDR ETF, Bank of America Corporation, Citigroup In...