MNM News and Press, Direxion Daily Metal Miners Bull 2X Shares

2023-03-23 15:39:48 ET Direxion Daily Metal Miners Bull 2X Shares ( NYSEARCA: MNM ) - $0.1443 . Payable Mar 28; for shareholders of record Mar 22; ex-div Mar 21. For further details see: Direxion Daily Metal Miners Bull 2X Shares declares quarterly distribution o...

2023-03-04 10:30:07 ET Gainers: ProShares Trust II - ProShares Ultra Bloomberg Natural Gas ( BOIL ) +32% . Daily Metal Miners Bull 2X ETF Direxion ( MNM ) +21% . ETFMG Prime 2X Daily Junior Silver Miners ETF ( SILX ) +20% . Direxion Daily CSI China ...

X comprises 3 divisions – U.S., Tubular, and Europe. Since 2013, the U.S. division has been the main contributor. The Tubular division had not generated any returns. The Europe division is facing market and supply risks due to the Ukraine invasion. Assuming zero contribution fr...

The "fear" of a "possible" recession "in the future" has caused the price of steel to plunge and take CLF stock with it. The company reported pretty strong earnings report, and naturally the market had a ludicrous reaction to the one nickel miss versus consensus. Sure, a recession...

I suspect that few investors in Alpha Metallurgical Resources ever imagined that metallurgical coal prices would reach their insanely high levels seen thus far into 2022. This makes the once boring and overlooked metallurgical coal mines like a golden goose that is unexpectedly genera...

Direxion Daily Metal Miners Bull 2X Shares (MNM) - $0.0586. Payable Jun 29; for shareholders of record Jun 23; ex-div Jun 22. For further details see: Direxion Daily Metal Miners Bull 2X Shares declares distribution of $0.0586

In this article, I discuss one of the most important macro risks and opportunities on the market as we're facing severe metal/commodity supply shortages. Mining companies have slashed CapEx in a time of strong and further accelerating demand, proving strong tailwinds for commodity pri...

Nucor has sold off by more than 30% in the last few months. While the investment has many moving parts, the ultimate driver here is that the stock is cheap. If 2023 sees steel prices weaken substantially, the stock could end up priced at 10x free cash flow. That's not such a bad outco...

Alcoa is facing a tough market, affected by inflationary pressures and the associated interest rate increases. The company has made good steps in controlling their production cost and is transitioning rapidly into "greener" aluminum products. Despite aluminum prices expected to fa...

In this article, I start by explaining why the bull case for coal, in general, is doing so well based on supply, demand, and geopolitical tensions. One of the best ways to play this is by buying CONSOL Energy. This company has well-diversified exposure, a healthy balance sheet, higher...