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TECS News and Press, Direxion Technology Bear 3X Shares From 08/25/20

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

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TECS - Pending Fall Tech Releases Bring Excitement And Hope For Normalcy

OK, at this point it's clear that 2020 is the year that many people are just going to want to forget. Between the COVID-19 pandemic, economic recession, social unrest, political chaos and, for those of us in the Northern California/Silicon Valley area, now a huge series of wildfires, it's not ...

TECS - The Rise Of The Auto-Refill Economy

The Commerce Department released July's retail sales last week, showing an increase in seasonally adjusted retail spending - up 1.2 percent overall last month, but down from the 8.4 percent growth in June. Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 percent...

TECS - It's Mid-August -- Markets Are Topping Out: It Could Be Worse Than A Bad Seasonal Bear Phase

This piece is a sequel to our July 20 Seeking Alpha article ( It's Still July, So Equities Are Still Rallying; August-September Will Be Calamitous, Howeve r ). The July 20 piece discussed the possibility of a market sell-off in August which should be primed by systemic liquidity seasonality...

TECS - Would Breaking Up 'Big Tech' Work? What Would?

We're clearly going to be arguing about the size, power and market share of large technology companies a great deal in the next couple of years. Many of the underlying concerns we have around technology are complicated, and involve deep-seated trade-offs where we actually have to make choices,...

TECS - Big Tech Continues To Post Big Earnings Amid Coronavirus Downturn

The big U.S. tech companies reported quarterly earnings and topped analyst estimates, as the pandemic pushed consumers to rely more on personal devices. Anthony Okolie speaks with Vitali Mossounov, Global Technology Analyst, TD Asset Management, about whether tech's rise is likely to cont...

TECS - TQQQ, SOXL, AGQ and TECL among weekly ETF movers

Gainers: Technology Bull 3X Direxion (NYSEARCA: TECL )   +15.3% . More news on: Direxion Technology Bull 3x Shares ETF, Direxion Daily Semiconductor 3x Bull Shares ETF, Direxion Shares ETF Trust - Direxion Daily Dow Jones Internet Bull 3X Shares, News on ETFs, Stocks on the move, ...

TECS - Nasdaq - Party Like It's 1999

Run, Bull, Run , was the cover story of Barron’s magazine in January 2000. The story presented arguments for " another record-breaking year for stocks ". Today, we know that it didn’t happen. Instead, the bull was a bubble and burst a few months later. Source: Deutsche Bank, ...

TECS - Regulating Technology

Technology was a small industry until very recently. It was exciting and interesting, and it was on lots of magazine covers, but it wasn't actually an important part of most people's lives. When Bill Gates was on every magazine cover, Microsoft (MSFT) was a small company that sold accounting t...

TECS - Fire & Fawning

The CEOs of Apple (AAPL), Amazon (AMZN), Facebook (FB), and Google (GOOG) (GOOGL) are scheduled to testify in front of the US House Judiciary Antitrust Subcommittee. Some thoughts… Big tech has won before the hearing starts. Agreeing to let all four testify concurrently inhibits the...

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...

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