TECS News and Press, Direxion Technology Bear 3X Shares From 05/07/21

The US private sector exhibited the strongest expansion on record in April, supported by faster growth in both manufacturing and service sectors. Amongst the US sectors surveyed, the consumer service sector also saw the largest improvement in growth momentum. Private sector firms ...

A blowout earnings quarter for big tech. So why are their stocks falling? Will big tech continue to drive markets? Outlook for Tech Big 5. For further details see: Big Tech Scores A Record-Breaking Quarter: So Why Are Stock Prices Tanking?

Oil, stocks and gold all cannot rise without a corresponding rise in UST yields. The idea that inflation hedge and risk assets can be up but yields down is untenable. A rise in US yields and stronger USD short circuits emerging market economies especially those with USD currency board...

Diversification remains key. Flexible strategies can also take advantage of a more uncertain yield and spread environment. We continue to find reasonable opportunity in both public and private credit markets. We find value in non-agency mortgages and prefer cyclicals to growth sto...

The biggest tech platforms have been on a tear in the last few years, accelerating into warp-speed growth in both earnings and share prices since the beginning of the pandemic a year ago. Despite having their own business models, in general, these companies have capitalized on a handf...

Many US technology companies use stock compensation to help align workers' performance with shareholder interests. But stock-based compensation also creates accounting distortions that add risks to unwitting investors-especially as growth company valuations face increased scrutiny tod...

Since U.S. Treasury bonds have fallen more than -20% in value, it looks like we might've seen a short-term bottom and an opportunity to profit in the bond market. Which sectors are performing well in the intermediate term, as well as those that are taking a breather in the short term....

One of my many favorite tools to use when analyzing the markets is a Relative Rotation Graph (or “RRG”). I’m going to focus on using RRG to explain what’s happening under the surface in the market today. You can put any benchmark in the middle, at the z...

Tech stocks, which swiftly bounced off the -10% territory, gave the market the illusion that the tech sector has been fully corrected. Mainly due to widespread supply shortage and seasonality, Q1 revenue (EPS) has been estimated to decrease by 10% (6%) for an average tech stock. I...

The recent government bond yield spike has pressured tech stocks, yet we are still constructive on technology both on tactical and strategic horizons. The Federal Reserve made clear its intent to stay behind the curve on inflation, keeping short-term rates low for longer than they wou...