SMLL News and Press, Direxion Daily Small Cap Bull 2X Shares From 08/17/20

Those that follow my personal account on Twitter will be familiar with my weekly S&P 500 #ChartStorm in which I pick out 10 charts on the S&P 500 to tweet. Typically I'll pick a couple of themes to explore with the charts, but sometimes it's just a selection of charts that will add t...

With over 15 million individuals unemployed based on Thursday's jobs report and an additional 10.7 million individuals receiving Pandemic Unemployment Assistance, labor market improvement cannot happen fast enough. However, employment-related reports this past week indicate the job market is i...

On the latest edition of Market Week in Review, Quantitative Investment Strategist Dr. Kara Ng and Research Analyst Laura Bardewyck discussed the S&P 500 ® Index's recent flirtation with record highs, the current state of fiscal stimulus discussions in the U.S. and rising tensio...

The White House and Congress are playing with fire not agreeing on a broad-based stimulus bill to replace the Cares Act that expired a few weeks ago. Trump's executive orders are just band-aids and the most important one, extended unemployment payments at $400, will run out in 6 to 8 weeks. Th...

By Robert Hughes The preliminary August results from the University of Michigan Surveys of Consumers show overall consumer sentiment was roughly unchanged in early August and remains well below pre-lockdown levels. A lack of confidence in government policies was a key theme driving the wea...

By Brian Levitt, Global Market Strategist , and Talley Léger, Investment Strategist Policy responses, global management of the pandemic, and equity prices may enable investors, collectively, to remain comfortable with assuming risk. To assess whether a prolonged "risk-on" envir...

By Beth Akers As a labor economist, I follow the data releases on the state of the economy pretty closely, especially the ones that tell us something about employment. Despite having pored over the numbers each week, I was still taken aback when I saw a graph (very similar to the one recre...

"The investor's chief problem - and his worst enemy - is likely to be himself. In the end, how your investments behave is much less important than how you behave." - Benjamin Graham Remember back when COVID wasn't the biggest worry facing the markets and global economy? It's hard to beli...

Purpose I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to "mark yo...

There’s no doubt about it. Economies around the world are in a COVID-19 recession. In the US, GDP has declined 10% through July. A recession is defined as a decline of 10% or more. In the following picture, changes are annualized. The unannualized decline is 10% so far this year. Fu...