SMLL News and Press, Direxion Daily Small Cap Bull 2X Shares From 08/30/20

The Wall Street Journal referred to a "a milestone" - "a major shift in how [the Fed] sets interest rates by dropping its longstanding practice of preemptively lifting them to head off higher inflation." The New York Times went with "a major shift in how the central bank guides the economy, si...

One of the indicators I like to watch in regards to the stock market is the relationship between it and expected volatility as indicated by the VIX Index. Typically, these should move in opposite directions: When stocks rise, volatility should fall and vice versa. When there is a divergence, i...

"Take some more tea," the March Hare said to Alice, very earnestly. "I've had nothing yet," Alice replied in an offended tone, "so I can't take more." "You mean you can't take less," said the Hatter: "it's very easy to take more than nothing." "Nobody asked your opinion," said Alice." ...

We have a big week for economic data with the emphasis on employment. With reports on jobless claims, ADP employment, and the official employment situation report all hitting right before Labor Day, we can be sure it will be a big topic. Throw in the election campaigning and we can expect jobs...

Powell's speech at Jackson Hole entitled "Navigating the Decade Ahead" was pivotal for investors as he presented the Fed's revised view of the inter-relationship between employment and inflation on Fed policy. Powell/the Fed basically acknowledged that the Philips curve was dead (something tha...

On the latest edition of Market Week in Review, Senior Portfolio Manager Megan Roach and Research Analyst Brian Yadao dig into the week's economic data, the annual Economic Policy Symposium from the U.S. Federal Reserve (the Fed) and a week of market optimism. Expectation-beating econom...

By Brian Levitt, Global Market Strategist Valuations suggest they are, but other considerations suggest they may not be. Are US stocks overvalued? It's among the leading question I'm receiving, along with whether candidate X or Y, if (re)elected, will tank the market. The answer to t...

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...

Citing inability to attract sufficient investment assets, Direxion announces liquidation and closing the funds. Direxion Russell Large Over Small Cap ETF (NYSEARCA: RWLS ) , Direxion Russell Small Over Large Cap ETF (NYSEARCA: RWSL ) , Direxion MSCI USA Cyclicals Over Defensives ETF (NYSE...

Consumption numbers today were weak as the global health crisis continues and fiscal support has expired, Ed Harrison told Real Vision during today's Daily Briefing. Harrison said we're only getting about 1% growth on consumption, and that's not going to do it in terms of a V-shaped r...