TECS News and Press, Direxion Technology Bear 3X Shares From 02/13/20

Despite the coronavirus concerns that have hit commodity markets and, in turn, energy and basic materials stocks, U.S. tech stocks have posted strong returns to start the year. This continues their impressive streak from 2019. But are the current tech valuations sustainable? In a recent mark...

The U.S. stock market once again showed its resilience, especially with S&P 500 ( SPY ) and Nasdaq 100 ( QQQ ) launching to all-time highs like the sell-off never happened. Some may attribute the recovery rally to President Trump's impeachment acquittal, while the PBOC's massive liquidity...

US equity sector performance in 2020 is a study in contrasts. At the high end of year-to-date results: technology shares. Meanwhile, energy continues to suffer as the big loser, based on a set of ETF proxies. Technology Select Sector SPDR (XLK) has surged 8.1% year to date through Tuesday's ...

While (thanks to Bespoke) much of the Street and the financial media have picked up on the mega-cap concentration within the SP 500, with the top 5 names now being 17.3% of the SP 500's total market cap, per Bespoke's Sector Snapshot as of Thursday, January 16th, 2020. What's more fascinatin...

In our annual visit to CES, one of the world's largest gatherings of new electronics and vehicles, we met with CEOs and product managers to discuss their latest innovations in disruptive trends like the internet of things, electric and autonomous vehicles, robotics, and video games. While in p...

With markets achieving overall 10% gains from 2018-2019 and top performing big tech contributing to most market gains in the last 40 years, big tech companies in China and the U.S. - Alibaba ( BABA ), Tencent ( TCEHY ), JD.com ( JD ), Apple ( AAPL ), Microsoft ( MSFT ), Google ( GOOG ) and...

By Rahim Shad, Senior Analyst "If you build it, they will come," was a line immortalized in the movie "Field of Dreams." It is also a fitting mantra for telecommunications companies in 2020, as they launch new initiatives that they hope will turn into leading businesses in the future. ...

From 1994 to early 2000, technology and telecommunication stocks grew in euphoria with the prospects of the quickly developing internet. People poured money into the stock market to reap the gains, but when the tech bubble burst in 2000, not everyone was able to survive the collapse. Over the ...

By Jonathan Curtis, Vice President, Research Analyst, Franklin Equity Group ® Franklin Equity Group's Jonathan Curtis explains why he thinks businesses will need to invest significantly more in digital technology in the coming years to better understand and service their customers...

It's getting to be a familiar theme. As with last year's event, some of the most interesting announcements from this year's CES in Las Vegas are focused around PCs. In fact, this year, there are probably more PC developments from a wider variety of vendors than we've seen in quite some time. F...