FAS News and Press, Direxion Financial Bull 3X Shares From 05/11/20

The fundamental difference between the market dislocation caused by the COVID-19 pandemic and the 2008 crisis is that the earlier crisis incubated in the financial sector itself, said Federal Reserve Vice Chair Randal Quarles in prepared comments for his testimony before the Senate tomorrow....

The massive liquidity injections from the Fed in the past few weeks have led to a sharp rise in the central bank's balance sheet, up nearly $3 trillion since its low in Q4 2019 to $6.7tr. The Fed's total assets could reach $9tr by the end of this year and up to $12tr in the end of 2021. Even t...

U.S. total household debt rises 1.1% in Q1 2020 — up $1.6T, in nominal terms, from its previous peak of $12.7T in Q3 2008, according to the New York Fed's Quarterly Report on Household Debt and Credit. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull ...

The U.S. central bank's balance sheet will surge to more than $10T and the federal funds rate target range is expected to last for three or more years, according to a Bloomberg survey. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion D...

In light of more stable repurchase agreement (repo) market conditions, the New York Fed is reducing the frequency of some repo operations starting May 4, 2020. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Sh...

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 152 weeks of public selections as part of this ongoing live forward-testing resea...

Federal bank regulators announce an interim final rul e to encourage lending to small businesses through the SBA's Paycheck Protection Program established under the CARES Act. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Finan...

Unlike some other central banks, Fed Chair Powell isn't urging banks to stop paying dividends to shareholders. 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, Financial sto...

The Fed adds new programs to assist households and employers and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Fi...

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 ...