LABU News and Press, Direxion Daily S&P Biotech Bull 3X Shares From 07/01/23

2023-07-01 04:59:34 ET Summary Artificial Intelligence stands to revolutionize drug discovery and manufacturing in the biotech industry, promising faster, cost-effective processes, which could greatly benefit biotech investors. The SPDR S&P Biotech ETF, an equal-weighted fund ...

2023-06-22 13:55:11 ET Direxion Daily S&P Biotech Bull 3X Shares ( NYSEARCA: LABU ) - $0.0999 . Payable Jun 28; for shareholders of record Jun 22; ex-div Jun 21. For further details see: Direxion Daily S&P Biotech Bull 3X Shares declares semi-annual distr...

2023-06-07 14:18:09 ET Summary The unprecedented speedy tightening monetary cycle we're still witnessing has caused a tremendous shift in attitude and investing style. Following many years of extremely low rates, the death of TINA (not Turner, "there is no alternative") is also ma...

2023-06-01 16:41:47 ET Summary I discuss the reasons why leveraged ETFs drift. A dashboard with 22 of them. The worst decays are in biotechnology and semiconductors ETFs. Lessons from ProShares UltraPro Dow30 ETF history. ProShares UltraPro Dow30 ETF (UDOW) i...

2023-05-30 10:00:00 ET Summary LABU is a 3X leveraged fund that has disappointed the biotech bulls. The sector looks beaten and perhaps cheap relative to long-term prospects. LABU can work for medium term returns if two requirements are met. The vast black hole that ...

2023-05-01 09:24:36 ET Summary We present the reason why leveraged ETFs drift. The worst decays are in biotechnology and semiconductors ETFs. Direxion Daily S&P 500® Bear 3X Shares ETF has a positive drift in one month, but SPXS stayed negative in the last 12 months. ...

2023-04-26 09:00:00 ET Summary Our guest this week is JD Henning, the Founder of Value and Momentum Breakouts and the Momentum Gauges® forecast model. We get the inside scoop of where his models are predicting the market is headed. We dive into how his investing group got...

2023-04-22 10:30:15 ET Gainers: S&P Biotech Bull 3X Diren ( LABU ) +16% . Homebuild & Suppliers Bull 3X Direxion ( NAIL ) +16% . Microsctors Gold Miners -3X ETN ( GDXD ) +15% . S&P Oil & Gas Expl Bear -2X Direxion ( DRIP ) +12%...

2023-04-19 14:13:51 ET Summary SPDR® S&P Biotech ETF, the Biotechnology Select Industry Index ETF, has an extreme short interest of 51.16%. XBI is in an uptrend since May-June 2022. Direxion Daily S&P Biotech Bull 3X Shares ETF, the 3X leveraged Biotech ETF, is ra...

2023-04-01 08:00:00 ET Summary Leveraged ETFs have an unpredictable behavior: explanation. A drift dashboard with 22 of them. A closer look at SPUU history. The Direxion Daily S&P 500 Bull 2X Shares ETF (SPUU) is an instrument magnifying the broad market performa...