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TECS News and Press, Direxion Technology Bear 3X Shares From 11/05/20

Stock Information

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

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TECS - Shilling: The Nifty Fifty Have A Message For The Tech Obsessed

A. Gary Shilling's November Insight compares recent FAANG mania with Nifty Fifty mania of the 1970s and the last tech mania. Regardless of the election outcome, Gary sees the likelihood of a prolonged, deep recession continuing in 2021. I happen to agree, but only time will tell. ...

TECS - Disruptive Technologies Are Enabling The Re-Opening Economy

Sandwiched between the two extremes of the largely shut-down Stay-at-Home Economy and a fully opened New Normal Economy, the Re-Opening Economy is an uncertain, transitional phase. We have identified multiple themes that we believe play an essential role in achieving these goals, incl...

TECS - Sector Weight Loss

The Technology sector has been the hardest hit group since the S&P 500's last all-time high on September 2nd. As a result of those declines, the sector's weighting in the S&P 500 has dropped roughly 1.5 percentage points from 28.85% down to 27.35%. The Technology sector ha...

TECS - An Election Year Correction Signal And Only The 3rd Negative Weekly MG Signal In 2020

Introduction This event driven Momentum Gauge® article builds on all the prior signal event articles with more explanations on how to benefit from one of the most popular features of the Value & Momentum Breakouts marketplace service. As more data points are collected, more insigh...

TECS - 3 Reasons Why This Isn't Another 'Tech Bubble'

By Kristina Hooper, Chief Global Market Strategist Weekly Market Compass: Key themes have emerged during the pandemic that may support long-term tech growth. It feels like investors have been on a wild ride over the past week as tech stocks plunged, dragging down major global indexes...

TECS - The COVID Price Compression In Technology

If I had to summarize my view of the Efficient Market Hypothesis, it would be this: Markets tend to be more inefficient in the short term and more efficient in the long term. One way of thinking about this is that the information we obtain in the short term tends to be incomplete. So, in...

TECS - The Tech Stock Party Looks Like Fun; Thanks For Inviting Me

I don't get invited to many fun parties, so the fact that I get hundreds of invites to the tech stock party every single day makes me feel special. It's so nice that complete strangers, who don't even know me, want me to have as much fun as they are. My storybot friends at Bezinga, Zacks, Si...

TECS - Debunking The Myths Of 'High-Priced' Tech Stocks

By Lei Qiu As technology stocks of all shapes continue to surge, many investors are questioning whether they're now overpriced. But even at high valuations, we think the tech landscape is still dotted with long-term growth potential. Technology stocks seem unstoppable. Giants like Apple ...

TECS - TECL, FNGU, TECS and FNGD among weekly ETF movers

Gainers:  BMO Rex Microsectors Fang Index 3X Leveraged Ex (NYSEARCA: FNGU )   +16.8% . More news on: BMO MicroSectors FANG+ Index 3X Leveraged ETN, Direxion Shares ETF Trust - Direxion Daily Dow Jones Internet Bull 3X Shares, BMO MicroSectors U.S. Big Banks Index 3X Leveraged ...

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 ...

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