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TECS News and Press, Direxion Technology Bear 3X Shares From 07/16/20

Stock Information

Company Name: Direxion Technology Bear 3X Shares
Stock Symbol: TECS
Market: NYSE

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TECS - New Study Highlights Pandemic-Driven Shifts In IT Priorities

At this point, everyone understands that the COVID-19 pandemic has had a profound impact on all aspects of society, including our personal and professional lives. But just as our understanding of how the virus spreads and its impact has shifted over time, so too has our perception of exactly h...

TECS - The Promise Of 5G Wireless: Opportunities And Risks

5G has been hailed as the next huge innovation in wireless internet. Anthony Okolie talks with Andriy Yastreb, Telecom and Media Analyst, TD Asset Management, about the recent rollout of 5G across Canada, and what that means for telecom giants and consumers. Original Read more ...

TECS - Maybe Tech Won't Crash, But Perhaps Market Leadership Changes

Great post by Gary Morrow (@garysmorrow) on the positive outside day in the Dow 30 today, versus the downside outside day yesterday in the Nasdaq 100, a very ominous sign. The expectation was we'd see more selling in the Nasdaq and Nasdaq-100 today and it didn't happen. Morrow highlighted ...

TECS - Technology Sector Suffers Its First Crisis Of Doubt

Jeff Miller published a timely article over at www.dashofinsight.com this weekend. Jeff wondered aloud if it was time to do some hedging, and it was the right question given Monday’s action. This blog’s article from last week – “Planning Ahead for a Ma...

TECS - Nasdaq, Tech, Growth Keep Going

With Technology rallying and once again outperforming to start the new trading week, we wanted to note that the sector's weighting in the S&P 500 has pushed above 27% recently up to 27.2%. That's nearly twice as big as the next biggest sector in the S&P - Health Care - at 14.5%. Just t...

TECS - Dear Wall Street Analysts: Please Stop Upgrading Overhyped Tech Stocks

Wall Street's sell-side technology analysts are pouring gas on the technology stock bonfire, but it's going to be the rest of us who get burned. In recent months, these analysts haven't met a valuation they don't like. Instead, they are engaged in a game of cat and mouse with the stock marke...

TECS - Are Tech Stocks The New Utilities For Investors?

By Lei Qiu Tech stocks weren't considered defensive investments in the past. But as the coronavirus crisis reinforces technology's fundamental role in our lives, investors can find sources of risk reduction and growth potential in companies that have become digital utilities enabling globa...

TECS - Tech Stock Valuations, COVID-19, And The Efficient Market Hypothesis: Enough Already

Editor's note: Seeking Alpha is proud to welcome Chelsea Analytics as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA PREMIUM. Click here to find out more » Either the mark...

TECS - Big Gains From Smaller Tech

It's still difficult to fathom the moves in the US equity market over the last four months. The fact that the Nasdaq and more specifically the Technology sector aren't far from record highs is definitely something no one was expecting two months ago. There's an old market saying that equities ...

TECS - Why Technology Is Proving Surprisingly Defensive

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...

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