LABU News and Press, Direxion Daily S&P Biotech Bull 3X Shares From 12/16/23

2023-12-16 08:35:19 ET Summary Seeking Alpha Quant rates LABU as a strong Sell, but I rates it as a Buy due to bullish market conditions. LABU is a leveraged ETF that seeks to track 3x the daily performance of the S&P Biotechnology Select Industry Index. I believe LABU has...

2023-12-10 10:48:24 ET Summary The Direxion Daily S&P Biotech Bull and Bear 3X Shares (LABU) provides 3x daily exposure to a biotechnology index. Levered ETFs like LABU are designed for short-term trading and may suffer tracking errors from positive convexity and volatility de...

2023-12-09 03:00:00 ET Summary The global markets experienced high volatility in 2023 due to factors such as high interest rates, bank failures, and a surge in bond yields. The macro environment in 2024 is expected to be complex and interesting, with rewards for investors who are ...

2023-12-01 16:38:24 ET Summary Direxion Daily S&P 500® Bear 3X Shares ETF is a popular instrument for hedging a stock portfolio and shorting the market. Like all leveraged exchange-traded funds, the SPXS ETF is subject to volatility drift, explained hereafter. The dri...

2023-11-22 02:15:00 ET Summary Q3 earnings season had many familiar refrains relative to the year’s first two quarters. One difference was a return to positive earnings growth for the first time since Q3 2022. Not unlike the first two quarters of the year, earnings for ...

2023-11-21 09:05:00 ET Summary A more volatile macroeconomic regime, alongside relatively high rates, may mean investors need to demand greater compensation for taking on equity risk; they can meet this higher performance bar by getting precise about targeted opportunities. The AI...

2023-11-18 13:55:43 ET More on ETF movers LABU And LABD: Another Attractive Double-Short Pairs Trade TNA And TZA: Shorting Both Produces An Attractive Pairs Trade TZA: Tempting To Time, But Avoid It LABU, BOIL and DUST among weekly ETF movers UVXY, LA...

2023-11-17 05:55:00 ET Summary Biotech sector faces challenges including higher interest rates, inflation, regulatory pressures, and a post-COVID slump. Short interest remains high for some pharmaceutical companies, indicating bearish sentiment. Exchange-traded funds in the bi...

2023-11-14 05:40:00 ET Summary Healthcare stocks have underperformed the global market this year. Investors in healthcare stocks have been disappointed in 2023. Active investors can find attractively valued companies that benefit from durable business growth trends across the ...

2023-11-11 13:29:00 ET More on ETF weekly movers BOIL And Natural Gas: The Best Way To Profit LABU And LABD: Another Attractive Double-Short Pairs Trade Consider BOIL As Seasonality Supports A Natural Gas Rally UVXY, LABU and NAIL among weekly ETF movers ...