SMLL News and Press, Direxion Daily Small Cap Bull 2X Shares From 09/01/20

Executive Summary: After the best return for the month of August since 1984 (+7.0% for S&P 500 index and +7.19% with dividends reinvested) it appears that the trend is indeed an investors best friend here. And while it's been a little bumpy, the venerable chip index sports a gain of +8...

Original post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more ...

For insight into how to frame the real economy slowdown amid a gangbusters revival in the financial economy, Real Vision’s Ed Harrison recommended Hyman Minsky’s “two-price model” during today’s Daily Briefing. The Minsky model essentially says there...

As a reminder, the market's primary cycles generally do not change often. However, I still like to start each week with a clear understanding of what type of market we are dealing with. For me, a quick glance at the color of the Primary Cycle board and the weekly/monthly S&P graphs below t...

The function of economic forecasting is to make astrology look respectable. – John Kenneth Galbraith Where are you, small caps? Why have you not joined the biggest market rally of all time? I'm not talking about how the S&P 500 is doing, of course, or the Nasdaq. Whatever thos...

By Beth Akers There is an elementary school down the street from my home that always posts seasonally appropriate, uplifting messages in their road-facing windows. Since early spring, those windows have offered a daily dose of the phrase that has been often repeated in recent months: "we'r...

I haven't made a post for over three weeks. If there's a reason, it stems from the uncertainty created by the unprecedented economic collapses suffered by most of the world's economies - in turn the product of the most colossal public policy errors in the history of mankind, all for a virus th...

Pyrrhic victory. The S&P 500 Index is back at new all-time highs. Terrific. Too bad the broader economy remains mired in the worst downturn in at least a century, corporate earnings have been cut in half and counting, and we are about to enter the next phase of the health care crisis tha...

July personal income and spending were reported this morning. Since real personal income drives one important election model, I have been waiting to see if July would reflect the end of the emergency Congressional assistance. It didn't. Real personal income rose less than 0.1% in July. While...

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...