SMLL News and Press, Direxion Daily Small Cap Bull 2X Shares From 08/18/20

As described in Part 1 (see here ), the financialization of the US economy created a fragile economy well ahead of the arrival of COVID-19. The turn toward finance (financialization) began during the 1980s and matured during the 1990s and 2000s, as constraints were removed from financial mark...

The NAHB housing market index matched its all-time record high set in 1998, which lends credence to the urban exodus narrative prompted by the pandemic, Max Wiethe told Real Vision during today’s Daily Briefing. Wiethe said what’s interesting to him about the data is mor...

On June 2, 2020, the National Bureau of Economic Research (NBER) declared that the U.S. economy had gone into a recession at the end of February. The end of the previous recession, the Global Financial Crisis, was June of 2009. The period from July of 2009 to February of 2020, 10 years and eig...

As a reminder, we have made a change to the presentation of our market models and my oftentimes meandering morning market missives. The goal is to create a series of more concise, bite-sized reports, which will be published on a daily basis. Below is the weekly publishing schedule: Marke...

Key stock benchmarks in the U.S. have struggled in the bullish attempt to overcome prior record highs and the SPDR S&P 500 Trust (SPY) is showing a slowdown in price momentum as the fund's technical structure has created a double-top on the daily charts. With the country's presidential e...

Diversification is a protection against ignorance. It makes very little sense for those who know what they are doing. – Warren Buffett I am tired. I am tired of everyone using phrases to talk about stock market returns and not validating the content for themselves. "Don't Fight th...

August Calls Market analysts have frequently identified August as a month of change in market direction. During a period of normally low volume, a little extra volume in the face of vacations can have a disproportionate impact. In addition, August usually firms up detailed plans for the hi...

In recent weeks, hundreds of research reports and many more blogs and commentaries have discussed the current valuation of the US stock market. With the economy in a recession and corporate profits and GDP down by double digits, it is tough to argue that the stock market is not grossly overval...

This Thursday morning's initial and continued jobless claims continue the trend of "less awful" numbers that resumed last week. New jobless claims, which fell to under 1,000,000 for the first time on an unadjusted basis last week, declined about 150,000 further to 831,856 (red in the graph b...

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...