MOON News and Press, Direxion Moonshot Innovators From 08/19/22

MicroVision shares blasted off during the 2021 meme stock moment. However, the company's fundamentals remain uninspiring and shares appear to be dramatically overvalued. With almost no revenues coming in, MicroVision has to resort to unending share dilution to keep operations goin...

Atara has two possible regulatory approvals for tab-cel for PTLD; European approval expected Q4 of 2022 and BLA filing for U.S. territory to be updated in next quarter earnings call. Two data readouts of ATA188 for treatment of patients with progressive multiple sclerosis; Phase 1 MRI...

The supply-related constraints which have troubled global electronics producers since early last year were compounded as demand conditions in key industries deteriorated in July. Although we've seen evidence that the supply crunch for electronic and electrical items has receded from i...

Only 10% of the nation feels positive about the economy, and last month, consumer sentiment hit a record low. Climate change is submerging or parching dense and developed regions all over the globe. The greatest threat to our nation isn’t an economic recession, but losing t...

Global equity markets went into a protective crouch last quarter, and factor performance followed suit. The collapse in Consumer Discretionary and/or Technology stocks was a dominant driver of global factor performance in Q2. The Quality premium versus Value has returned to its lo...

LC Q2 earnings were superb on all metrics. Profitability is somewhat masked by CECL (a conservative accounting provisioning methodology). The playbook for a recession is becoming clear. LC is pressing hard on retaining quality assets on the balance sheet. I remain very bul...

Management teams will likely need to learn to do more with less. A rising tide of valuations, coupled with excessive use of stock compensation, has helped to keep a lid on labor expenses. This environment will likely bring prolonged pain to the more speculative corners of the mark...

As companies adjust to inflation, rising interest rates, and a likely economic slowdown, investors are struggling to compute future earnings and the impact on stock valuations. Broadening the sources of stability can help diversify risk and return potential. Geopolitical risk and ...

Why the economy, practically speaking, may already be in recession. Why defensive sectors may be worth a closer look in the current environment. Market sentiment might be bearish, but that doesn't mean there aren't opportunities. Aggressive moves by central banks...

Because higher interest rates punish hypergrowth companies' valuations like those in ARKK more than others, SARK - an ETF tracking the inverse performance of ARKK - is an effective inflation hedge. Core elements of the discount rate reveal how much increasing rates and higher volatili...