SMLL News and Press, Direxion Daily Small Cap Bull 2X Shares From 09/04/20

By Robert Hughes The Institute for Supply Management's services index posted a 1.2 percentage-point decrease in August, dropping to a reading of 56.9 from 58.1 in the prior month. The latest results follow a record surge in June and two consecutive months below the neutral 50 threshold in...

The markets are starting to feel a bit like a runaway train, moving higher through July and August and starting September off on a few strong days of trading. The S&P 500 has breezed past 3,500 when back in April it seemed like that was out of the picture; the NASDAQ, backed by tech's resi...

Dave Floyd, founder of Aspen Trading, said he doesn’t plan to be a seller after the S&P cratered today; instead, he thinks this may be the moment for opportunistic buying. Floyd told Real Vision’s Daily Briefing that these dips inevitably get bought so he’s st...

Analysts spend volumes debating why, oh, why is September such a poor month to get through? Wrong question. Ask first if there is any validity to this oft-repeated fable. It has been told so many times that many people believe it. Here is a recent headline from Mark Hulbert, a MarketWatch co...

Tesla (TSLA) and the stock market (NYSEARCA: SPY )(NASDAQ: QQQ )(NYSEARCA: DIA ) have been up in a spike. I have no change in Tesla's fundamentals but technicals overall are at a critical junction. In this video I'll tell you how we'll be measuring near term Read more ...

Stocks have risen unchallenged in recent months, and now volatility levels are starting to increase. But there's something more profound taking place, as we have been tracking many of the different warning signs the market has been sending over the last few weeks. However, now we could be ...

Let's start this article with a confession and me being humble (as far as possible). I never thought such a rally was possible (given the circumstances) and at least for the short-to-medium-term the March 2020 low was a good buying opportunity. But I am not admitting that I was wrong and sudde...

The Lindy Effect: The expected remaining life of an item is proportional to its past life. "The Lindy effect is one of the most useful, robust, and universal heuristics I know. - Nassim Taleb In our last article , we presented the equity market returns as proxied by the S&P ...

"Well, when one's lost, I suppose it's good advice to stay where you are until someone finds you." -Alice Just who that might be now is anyone's guess. Looking at the markets these days it is quite easy to find yourself lost. Equities at all-time highs, valuations at numbers that make no...

The risk premia estimate for the Global Market Index (GMI) rose to 5.0% in August, 20 basis point above the previous month's estimate. This long-run forecast, which varies modestly from month to month, reflects an outlook for performance over the "risk-free" rate, according to a risk-based m...