TECS News and Press, Direxion Technology Bear 3X Shares From 05/27/20

Russ highlights the surprising resilience of technology stocks this year. The last time I wrote about technology stocks , the world looked very different. In mid-February, the market was at an all-time high, unemployment was at a 50-year low and investors were starting to contemplate a Sa...

Markets have settled and recovered from the initial shock of the coronavirus spread and the response of governments around the US and the world to lock down the economy. But while the major US indices have approached, if not quite matched, the fabled v-shaped recovery, there are still plenty o...

I’ve been looking at this chart a lot over the past few weeks. It shows us that print ad budgets were doing just fine all the way though the first decade or more of the consumer internet. There was even a little spike upward for the Dotcom bubble. Then the financial crisis and r...

NEW YORK , April 8, 2020 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of twelve ETFs (each, a "Fund" and collectively, the "Funds"). The total market value of the shares outstanding will not be affected as a result of the...

The tech industry has always prided itself - and for good reason - on describing and building products, services, and even business models that look to the future. In fact, the technologies behind many of today's advances are arguably helping define our future. Because of that, it's become qui...

By Daniel Shvartsman Listen to or subscribe to The Investing Edge on these podcast platforms: Apple Podcasts Spotify Google Play Stitcher Seeking Alpha As the coronavirus bear market continues to roil investors, it felt like an opportune time for ...

By Lei Qiu Even as the coronavirus dominates headlines about China, the tech war with the US has rumbled on. Despite the fallout that has rippled through US tech stocks, investors should consider the fringe benefits to certain parts of the sector. Technology companies are facing daunting...

Russ explains why it's not yet time to sell those tech shares. Technology shares are once again leaving everything else in the dust. Year-to-date, the MSCI Information Technology sector, led by U.S. tech, is beating the broader market by over 5% and is ahead of laggards, notably energy, by...

Significant technological advancements and societal shifts occurred during the 2010's decade. Yet many of these developments became so quickly engrained in our daily lives that they often went relatively unnoticed, and their impact all but forgotten. Over this next decade, the 2020s, we expect...

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...