TECS News and Press, Direxion Technology Bear 3X Shares From 09/27/19

Smartphone Market Will Decline 3.2% in 2019; Share of 5G-Capable Phones to Increase to 56% by 2023 Worldwide shipments of devices - PCs, tablets and mobile phones - will decline 3.7%, according to the latest forecast from Gartner, Inc.Gartner estimates there are more than 5 billion mobile ph...

Apple (NASDAQ: AAPL ) was today's biggest Dow decliner, plunging 4.6% in reaction to China's announced retaliatory tariffs on another $75B of U.S. goods, called " a gut punch to Cupertino " by one analyst. More news on: Apple Inc., Advanced Micro Devices, Inc., Broadcom Inc., Tech stocks n...

Given the recent volatility, investors may be wary of tech. Not so fast, Russ explains. Despite an abrupt and punishing market swoon that disproportionately punished more volatile sectors, technology is holding its own. During the past month, the sector has outperformed by roughly 100 basi...

The tech sector (NYSEARCA: XLK ) -2.5% is among those hit by today's broader sell-off, which was driven by global downtown fears after yield curve inversions in the U.S. and UK. More news on: Technology Select Sector SPDR ETF, Vanguard Information Technology ETF, Direxion Technology Bu...

Introduction To call something hot, you need to see some heat" - Fed Chairman Powell (July 10, 2019) Fed Chairman Powell gave us a lead-in on July 10th that all was not well. By the FOMC meeting on July 31st, we had our first reversal in Fed fund rate policy in 10 years . Critics sugg...

By Denny Fish & Tom DeLong, CFA Regulatory pressure surrounding big technology firms in the U.S. continues to mount, raising questions about what the future may hold for the sector. Research Analyst Tom DeLong and Portfolio Manager Denny Fish offer their insights on how investors shoul...

Often originating from tech-at-core companies residing outside of the traditional banking sector, FinTech firms are using their unique capabilities to enhance or transform financial services as we know it. Areas such as mobile payments, crowd-funding, blockchain and cryptocurrencies, peer-to-p...

The technology sector has helped fuel one of the longest economic expansions in the history of the United States. It's worth looking back to the late 1990s to recognize what expectations were created for the tech sector and better understand where we are today. Although the '90s technology m...

By Jonathan Curtis, Vice President, Research Analyst Franklin Equity Group® The technology sector has been on a volatile ride of late, driven in large part by the fortunes of some household names. Franklin Equity Group's Jonathan Curtis believes the sector offers attractive long-term...

The Philadelphia Semiconductor Index gains 2.7% with the tech sector (NYSEARCA: XLK )  up 1.7%  after the US-China trade truce , which included easing on the U.S. supplier ban for Huawei. More news on: Technology Select Sector SPDR ETF, Vanguard Information Technology ETF, Dir...