‘ Direxion ’

Getting giddy for gold miners

Dec 28th, 2019 | By
Getting giddy for gold miners

By the ETF research team at Direxion Investments.

Negative-yielding debt has declined from its all-time peak, but it still represents close to 24% of all global bonds. Until recently, the idea of negative-yielding debt was unfeasible to many and now it is nearly a quarter of all debt issued around the world. Even $900 billion of corporate bonds trade at negative yields highlighting the pervasiveness of this phenomenon.

Direxion launches triple leveraged & inverse ETFs on high beta and internet stocks

Nov 11th, 2019 | By
Direxion introduces 2x leveraged 5G Communications and Travel & Vacation ETFs

Direxion has added two pairs of funds, linked to the S&P 500 High Beta Index and Dow Jones Internet Composite, to its line-up of triple leveraged and inverse ETFs. Dave Mazza, Managing Director at Direxion, commented, “We’re very excited to offer traders leveraged exposure to these two indexes to express bullish or bearish positions.”

Recession or no? What do the numbers say?

Sep 24th, 2019 | By
First Trust launches two Buffered Allocation ETFs

By the ETF Research Team at Direxion. With an increase in chatter about the next recession lurking right around the corner, it is notable that the Manufacturing PMI slipped into contraction territory to 49.1 in August after expanding for 35 months. However, the Non-Manufacturing PMI stands at 56.4 and has now expanded for 115 months and firmly beat survey expectations. Just as commuters around the globe are reminded to mind the gap when entering and exiting trains, investors should stay attuned to the gap between Manufacturing and Non-Manufacturing PMIs.

Time for a trade on financials. But which way?

Aug 30th, 2019 | By
Gabelli launches actively managed financial services ETF

By the ETF Research Team at Direxion.

August is supposed to be the quietest month of the year – the summer doldrums. And yet, this August has proven to be anything but quiet, thanks to corporate earnings and the most highly anticipated FOMC meetings in years.

Gassing up to chase the Russian bull

Jul 8th, 2019 | By
Gassing up to chase the Russian bull

By the ETF Research Team at Direxion.

Russian stocks surged more than any other international market in June, adding another wrinkle to what is already one of the most closely watched global relationships. This bullish surge from Russia is especially apparent in the Direxion Daily Russia Bull 3X Shares ETF (RUSL US), which tracks the MVIS Russia Index. RUSL topped its prior high early in June and has since added another 13.5% to approach levels it hasn’t seen since the start of 2018.

Direxion unveils ‘Relative Weight’ ETF suite

Jan 17th, 2019 | By
Dave Mazza, Managing Director and Head of Product of Direxion

Direxion has unveiled a new suite of ETFs on NYSE Arca that use a relative weight methodology. The range consists of ten long/short ETFs, separated into five investment pairs designed to capture both sides of an expressed view – for example, that value will outperform growth or vice-versa. “The beauty of these funds is they allow you to extend your viewpoint to the short side to seek additional returns,” said Dave Mazza, Managing Director and Head of Product of Direxion. “Your view is no longer mismatched with the fund – the fund is now designed to match your view.”

ProShares launches inverse & leveraged Communication Services sector ETFs

Jan 17th, 2019 | By
Ben Fulton, Managing Director of ProShares’ tactical products business.

ProShares has launched four new ETFs on NYSE Arca, providing a range of leveraged and inverse leveraged exposures to the newly minted Communications Services sector of the S&P 500 Index. “ProShares is committed to providing knowledgeable investors with a comprehensive set of tools for tactical investing,” said Ben Fulton, Managing Director of ProShares’ tactical products business.

Direxion to increase leverage on PortfolioPlus ETFs

Jan 5th, 2019 | By
Cathay launches leveraged DJIA ETF in Taiwan

US-based inverse and leveraged ETF specialist Direxion has announced it will raise the daily leverage factor on its suite of ‘PortfolioPlus’ ETFs – a range of lightly leveraged funds providing exposure to the US large, mid, and small cap markets, as well as international developed and emerging market stocks.

Direxion unveils triple leveraged & inverse ETFs for US consumer sectors

Dec 4th, 2018 | By
First Trust launches two Buffered Allocation ETFs

Direxion has added four funds to its line-up of leveraged and inverse sector ETFs. The funds provide triple leveraged exposure or triple inverse leveraged exposure to the daily return of the consumer staples and consumer discretionary sectors of the US equity market.

Direxion launches 3x leveraged robotics, automation and AI ETF

Apr 23rd, 2018 | By
Sylvia Jablonski, co-Founder and Chief Investment Officer of Defiance ETFs

Direxion has launched the Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT US) on NYSE Arca, providing triple leveraged exposure to an equity index composed of firms operating in the robotics and automation industry. Sylvia Jablonski, managing director at Direxion, commented, “The launch of UBOT allows traders to take a bold position in companies that are at the forefront of technology.”