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

Before we get to the state of the market fundamentals, I figure it is probably a good idea to address the current violent selloff happening in the stock market. The fact that the market suddenly fell, without notice, and on no news, should not come as ANY surprise to readers of this oftentim...

If I could, I would, but I can’t, so I won’t. - Anonymous Long-standing subscribers of The Lead-Lag Report will acknowledge the significance I attach to the health of the U.S. consumer while gauging broad economic conditions as it accounts for two thirds of the economy. Ret...

Yesterday's DOL Unemployment Insurance Weekly Claims report shows continued but slow improvement in the employment situation. The non-seasonal adjusted initial claims at 833,352 are up by 7,591 when compared to previous week. However, the non-seasonal adjusted continuous insured unemployed a...

In a speech entitled - New Economic Challenges and the Fed's Monetary Policy Review - given on August 27, at the Jackson Hole, Kansas City Federal Reserve Economic Policy Symposium, Federal Reserve Chairman, Jerome Powell announced a change in the emphasis of the dual mandate. The new focu...

The difference between all-time market highs that are followed by further gains and all-time highs that turn out to be market tops tends to be the extent to which the highs are reflective of the general appetite for risk. What we currently see is a market that is being driven to new highs by a...

Ouch. We haven't seen a drubbing like this since June 11th, when the market sank 5.9%. That 5.9% drop was the 20th worst day in 70 years. How does today's drop stack up? Today's 3.5% drop was a big deal. It was the 71st worst out of 17,783 trading days since 1950. That puts it at the 0.4% pe...

Dear Friends, This post is in some ways a hybrid between the posts This Has Never Happened Before and The Rules, Part LXIV "Weird begets weird." What I am writing stems from what I have been hearing on Bloomberg Radio and other media outlets where they have bought into the idea that bu...

The last quarter in equity markets was one for the ages, and one that feels like the dawn of a new frontier, says Brad Simpson, Chief Wealth Strategist, TD Wealth. Kim Parlee talks with Brad about his expectations for the markets in the next 12 to 18 months. Transcript My next guest ...

By Jill Mislinski The August US Services Purchasing Managers' Index conducted by Markit came in at 55.0 percent, up 5.0 from the final July estimate of 50.0. The Investing.com consensus was for 54.8 percent. Here is the opening from the latest press release: Commenting on the l...

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...