SMLL News and Press, Direxion Daily Small Cap Bull 2X Shares From 10/10/20

We now see an earnings driven market, which will benefit active over passive managers and hard research. We recommend focusing on operating margins as corporations have done a great job navigating through the pandemic. The pace of the economic recovery in 2021 still rests on how w...

The yield curve continues to slowly show optimism. It's now back up above the yields of early April. This suggests that the market foresees continued relatively strong recovery in employment and that the Fed is adequately providing liquidity. For further details see: Sep...

I have been advising for months to be cautious. Money traditionally earmarked for bonds has now been flowing into equities. My suggestions are an extra amount of cash, possibly some puts, taking some equity profits, considering outsized dividends which can be found, with a good am...

Disinflationary/deflationary pressures are more likely in the near term according to our popular ST leading indicators. There is a lot of cash sitting on the sidelines at the moment, implying that investors are more worried about uncertainty than inflation. However, investors shou...

Money is still moving out of the money market funds. SOMA is slowly growing again. Bank credit is still not growing. The TCB is still loaded with cash which, when spent should support the stock market. For further details see: Money That Goes Somewhere, Must Come Fro...

While the market is working off some of the more extreme overbought conditions, it remains 2-standard deviations above its 200-week (4-Year) moving average. There can be no such thing as hubris when investments do not go the way you want them. Applying a technical overly to determ...

The global market is in the early recovery phase of the business cycle following the COVID-19 recession. This implies an extended period of low-inflation, low-interest-rate growth - an environment that usually favors equities over bonds. But after such a rapid rebound, an equity market pu...

Existing home sales have an impact on the economy but it is mostly in the form of sales of home goods - refrigerators, washers, dryers, and furniture, etc. Housing is going gangbusters right now, but for it to really impact the economy it will have to continue for a while. 10-year...

I am hopeful that there won't be a major second wave of infections, but I believe there is a good possibility that there will be one. But if most countries are able to avoid wide-scale lockdowns, the negative impact to the global economy should be relatively low, in my view. The stock...

Six of eight indexes on our world watch list posted losses through September 28, 2020. The top performer is China's Shanghai with a gain of 5.49%. Coming in last is London's FTSE 100 with a loss of 21.41%. For further details see: World Markets Update: September 28, 2020...