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SPUU News and Press, Direxion Daily S&P 500 Bull 2X Shares From 07/15/24

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Company Name: Direxion Daily S&P 500 Bull 2X Shares
Stock Symbol: SPUU
Market: NYSE

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SPUU - High-Vol Politics, Low-Vol Markets

2024-07-15 07:15:00 ET Summary A new Trump term would likely bring a flurry of change and activity, whereas a second Biden term is more likely to see a more predictable consolidation of first-term legislative initiatives. On trade and tariffs, we see the clearest signal of all tha...

SPUU - Dollar Consolidates To Start The New Week

2024-07-15 06:58:00 ET Summary As North American activity is about to begin, the dollar is mostly little changed. Outside of Hong Kong and Taiwan, most Asia Pacific equities advanced. European benchmark 10-year yields are mostly 1-3 bps softer, while the 10-year Treasury yield...

SPUU - (SPUU) Proactive Strategies

2024-07-14 16:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

SPUU - The Overextended Stock Market Has Likely Reached Its Breaking Point

2024-07-14 06:15:00 ET Summary The Implied correlation index is at a historic low, indicating stocks trading independently. Rising realized volatility levels in S&P 500 may lead to increased implied volatility risks. S&P 500 technically overextended and fundamentally o...

SPUU - Week Ahead: Following Up A Watershed Week

2024-07-14 02:20:00 ET Summary The soft-landing phase appears to be ending, and the deceleration appears to be intensifying. Given the delay of plenum, comments by Xi, and the disappointing economic performance post-Covid, expectations or hopes were running high for new stimulativ...

SPUU - Michigan Consumer Sentiment Drops To 8-Month Low

2024-07-14 00:30:00 ET Summary Consumer sentiment dropped to an 8-month low in July, according to the preliminary report for the Michigan Consumer Sentiment Index. The index fell 2.2 points from June's final reading to 66.0. The Michigan Consumer Sentiment Index is a monthly s...

SPUU - Will A Softer U.S. Inflation Reading Be Enough To Convince The Fed To Cut?

2024-07-13 07:25:00 ET Summary Is the Fed ready to cut rates? Maybe not just yet. Inflation in US is softer in June, bolstering rate cut hopes. What softer U.S. inflation means for the bond market. ... Read the full article on Seeking Alpha For furthe...

SPUU - Producer Price Index: Wholesale Inflation Unexpectedly Rises In June

2024-07-13 01:10:00 ET Summary Wholesale inflation unexpectedly rose last month. The producer price index for final demand increased 0.2% MoM (s.a.), more than the expected 0.1% growth. The Fed has been in a tightening cycle to tackle high inflation, among other things. ...

SPUU - Wall Street Exclusive: A Story Of 2 Different Markets

2024-07-13 01:05:08 ET Summary Growth initiatives and maintaining the present competitive tax rate structure will be necessary to keep corporate America resilient. It is no secret now that the "average diversified" portfolio has underperformed this year as investors have flocked t...

SPUU - Federal Reserve Watch: Inflation, Year-Over-Year, At 3.0 Percent

2024-07-13 00:54:43 ET Summary U.S. inflation fell to 3 percent, year-over-year, in June, exceeding expectations. Investors are betting on interest rate cuts this year, one, or, possibly two. The economy remains relatively strong, unemployment is OK, although it has risen in t...

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