FAS News and Press, Direxion Financial Bull 3X Shares From 10/07/20

The expected 2020 EPS growth rate for the Financial sector improved from -36% to -32% by the end of July '20 but has remained stagnant since. 2021's expected revenue growth was greater than the 2020 percentage decline until April 10th, and then, 2020's expected percentage decline ecli...

In this article I will walk you through the commonly used but wrong way to think about volatility decay. We'll then walk through an example of volatility decay with realistic numbers. Afterwards, we'll build a simple mathematical model to calculate volatility decay from first prin...

The Technology sector has been the hardest hit group since the S&P 500's last all-time high on September 2nd. As a result of those declines, the sector's weighting in the S&P 500 has dropped roughly 1.5 percentage points from 28.85% down to 27.35%. The Technology sector ha...

We skipped the light fandango, Turned cartwheels 'cross the floor, I was feeling kinda seasick, But the crowd called out for more… A Whiter Shade of Pale - Procol Harum The Legend My research is based on the theory that price movement is best explained by finite states inste...

The Federal Reserve and two other federal bank regulatory agencies  finalize three rules, "which are either identical or substantially similar to interim final rules" that were issued earlier this year. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x ...

Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone's focus on the coronavirus, is unexpected. We can now identify March 23 as the date when markets stopped worrying about deflation and realised that monetary in...

The Legend I have been describing my equity market research project on SeekingAlpha since July, 2019. Finite State Accounting provides an overview of the architectural orientation of the analysis. An important concept is, we are equally interested in equity performance under all conditi...

Investment Thesis: This too shall pass It's remarkable how in just six months COVID 19 has become a seemingly permanent part of life and the economy. It isn't. Every cycle, investors forget that "this too shall pass" and fail to prepare for the inevitable rebound. The virus might remain in d...

The Legend I started creating algorithmic investment strategies in the early 1980s, never failed being disappointed. My current project started in early 2019, mostly to see if a redesign of the analytical market paradigm could improve algorithmic investing returns. Understanding Complex S...

The pandemic hasn't changed the overall timeline for phasing out LIBOR, New York Fed President John Williams said in a webinar hosted by the Bank of England and the New York Fed. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Fin...