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Direxion Daily TSLA Bull And Bear ETFs Give Traders Flexibility To Leverage The Choppy Waters
Tuesday, June 18, 2024 - 8:06am | 821Read More...Electric vehicle manufacturer Tesla, Inc. (NASDAQ:TSLA) has received ample news coverage recently, providing viable ground for speculation on both ends of the sentiment spectrum. Fundamentally, TSLA stock may be trading at a relative discount compared to prior highs. Furthermore, the EV maker's...
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Direxion Daily NVDA Bull And Bear ETFs Allow Tech Traders To Play Both Sides
Monday, June 17, 2024 - 8:20am | 800Read More...Nvidia Corporation (NASDAQ:NVDA) possibly ranks among the most contentious enterprises currently from an anticipated capital-gains perspective. The core relevance underlying NVDA stock is not in doubt. Thanks to the company's advanced graphics processing units (GPUs), Nvidia has become one of...
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Direxion Junior Gold Miners Bull And Bear ETFs Allow Two-Way Plays For The Precious Metal
Friday, June 14, 2024 - 8:11am | 797Read More...Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSE:JNUG) and Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSE:JDST) both find themselves in the spotlight but for contrasting reasons. The former leveraged exchange-traded fund lost more than 4% during Thursday's afternoon...
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Is China Getting Full Self-Driving Cars? Tesla Seeking Final Go Ahead From Government
Thursday, May 30, 2024 - 1:51pm | 581Read More...Tesla (NASDAQ:TSLA) was approved last month to deploy Full Self-Driving (FSD) cars in the Chinese market under "certain conditions." This came after Tesla chief Elon Musk met with Premier Li Qiang to discuss the possibility. These "certain conditions" include beginning the rollout with employee...
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The SPY Flies Higher After U.S. Inflation Report Renews Hopes Of Rate Cuts
Wednesday, May 15, 2024 - 11:30am | 556Read More...The SPDR S&P 500 (NYSE: SPY) reached a new all-time high of $526.80 on Wednesday after the Consumer Price Index (CPI) showed inflation pressures eased in April. The central bank is widely anticipated to hold rates steady until September when a 25-basis point cut is expected. The April reading,...
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Direxion Retail Bull ETF Rallies As GameStop Traders Look For Diversification To Play The Stock's Surge
Monday, May 13, 2024 - 1:03pm | 603Read More...Direxion Daily Retail Bull 3X Shares (ARCA: RETL) was surging about 10% on Monday, partly driven by massive bullish momentum in GameStop Corporation (NYSE: GME) stock –the latter which was skyrocketing about 65% after Keith Gill resurfaced on social media. Traders and investors may be...
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As Spot Gold Stalls Will Investors Turn To Gold Miners? This ETF Looks Ready To Break Out And Offers 2X Leverage
Wednesday, May 8, 2024 - 3:49pm | 638Read More...Spot gold was trading flat Wednesday, continuing to consolidate in a sideways pattern after reaching record highs in April, partly propelled by China escalating its purchases of the commodity. For cyclical investors, spot gold’s consolidation following the metal’s steep bull run could...
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Semiconductor Stocks Pop After Fed Meeting And Strong Numbers From This Chip-Maker
Thursday, May 2, 2024 - 2:11pm | 602Read More...Semiconductor stocks were up on Thursday after largely having slipped this last month. Nvidia (NASDAQ:NVDA) was up over 2.0% at the time of writing. Advanced Micro Devices (NASDAQ:AMD) was up over 0.5%. Taiwan Semiconductor (NYSE:TSM) was up 0.2%. The lone drop came from Intel (NASDAQ:INTC), which...
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The Stock Market Slips Ahead Of Fed's Policy Meeting As Investors Brace For Persistently High Rates
Wednesday, May 1, 2024 - 11:24am | 626Read More...The SPDR S&P 500 (NYSE: SPY) was falling about 0.25% lower Wednesday ahead of the Federal Reserve’s decision on interest rates. The central bank is widely expected to hold rates steady but investors will be focusing on Fed chair Jerome Powell’s comments at the press conference...
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To The Moon! A Look Inside An ETF Focused On Companies At The Cutting Edge Of Innovation
Thursday, April 18, 2024 - 2:29pm | 615Read More...Investing in the technologies of tomorrow can be a lucrative investment strategy. If investors can discern trends as they develop, they can stay ahead of the curve and reap the rewards. This is what made Cathie Wood and her firm ARK Invest famous. Her funds invest in companies she "expect[s] to be...
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Spot Gold Rises As Tehran Attack Sparks Fear Of Wider Conflict: This ETF (NUGT) Tracks Gold Miners
Tuesday, April 16, 2024 - 1:52pm | 619Read More...Spot gold was popping up above 0.5% at one point on Tuesday, propelled by escalating tensions in the Middle East following Tehran’s decision to deploy hundreds of drones and missiles toward Israel on Saturday night. Iran’s move sparked heightened concerns that a widespread regional...
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Is Big Tech Finally Playing Nice? New Deal May Bring Google AI To iPhone
Friday, April 5, 2024 - 3:09pm | 637Read More...News broke recently that Google (NASDAQ:GOOL) was in talks with Apple (NASDAQ:AAPL) to integrate its Gemini AI into iPhones. The deal would be a huge boon for Google as it would likely be very lucrative, while also enhancing the reputation of the company’s AI, which has previously been...
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Stock Market Rebounds As Hopes For Rate Cuts Persist, The SPY Respects Channel Pattern: A Technical Analysis
Wednesday, April 3, 2024 - 1:41pm | 634Read More...The SPDR S&P 500 (NYSE: SPY) was rising about 0.3% Wednesday amid persistent optimism that the Federal Reserve will cut interest rates this year. Bullish economic indicators in the last quarter of 2023 and the first quarter of 2024 caused the SPY to surge 10% during the first three months of...
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Tesla Bear? Nvidia Bull? Leveraged And Inverse Single Stock ETFs Can Help You Maximize Your View
Monday, March 25, 2024 - 1:45pm | 1121Read More...It’s been a monster year so far for many tech stocks, particularly for Nvidia (NASDAQ:NVDA). The AI chip maker, on the back of stellar revenues and a rosy outlook, has seen its stock almost double in 2024. On the flip side, Tesla (NASDAQ:TSLA) has seen its stock hammered. The electric vehicle...
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Unlock The Potential Of Leveraged ETFs With Expert-Led Trading Boot Camp
Friday, March 22, 2024 - 8:49am | 636Read More...Traders and investors looking to deepen their understanding of exchange-traded funds (ETFs) will soon have an opportunity to expand their knowledge. In collaboration with Direxion, Benzinga is set to host an exclusive boot camp titled “Level Up Your Trading with Leveraged ETFs.”...
















