Direxion Daily S&P500® Bull 3X ETF
Direxion ETFs Can Help You Cut Your Losses
Here’s how Direxion ETFs can help you cut your losses and generate alpha. Take a closer look at the S&P 500 and key indicators from the first half of 2019.
Should Recent Sector Performances Spook You Out of the US Market?
Are Leading Indicators Calling for a Slowdown in the United States? The United States’ economy has been firing on all cylinders for a while now, which has led to very strong gains for its major stock indices. These gains include year-to-date returns of 3.5% for the Dow Jones Industrial Average, 4.2% for the S&P 500 […]
This Fall’s Opportune Sectors—besides Technology
As summer winds down, what sectors (other than technology) are interesting?
What Helped the Financial Sector in 2017?
Interestingly for all the talk about financials this year, the S&P 500 GICS Level 1 Financial Sector is only up 19% vs. 17%+ for the S&P500 as a whole.
Why the S&P 500 Index Is Considered a Leading Indicator
The S&P 500 Index has risen 2.2% in October and is en route to its eighth straight positive monthly close.
Weak US Manufacturing PMI: Will Economic Growth Pick Up?
The US manufacturing PMI (purchasing managers’ index) stood at 50.5 in May—compared to 50.8 in April. It’s below the Market expectation of 51.
How the Financials Sector Could Perform This Fall
With sweater weather coming up and everyone back in school, it’s a great time to reexamine your investment strategy through the end of the year.
How Did Markets Fare in the Summer of 2017?
Summer months have a tendency to be unfavorable for the stock market. Empirical evidence has shown that average returns for the S&P 500 are negative during summer months.
Falling US Retail Sales Could Be a Major Headwind for 2Q17 GDP
According to data provided by the US Census Bureau, US retail (XRT) sales fell 0.2% in June 2017.
June Non-Farm Payroll and Improving Confidence in the US
The June non-farm payroll report indicated a solid improvement in the US labor market.
Will the Real Estate Sector Shine Thrive this Summer?
Another important summer activity is shopping for a new home. Realtors often talk of curb appeal, and there’s no better time than summer.
How the Summer Heat Affects Homebuilder Stocks
The warmer weather inevitably brings the sounds of hammering, drilling, and backing-up-beeping through the windows along with the warm breeze.
What to Expect from Natural Gas this Summer
So what are the returns for natural gas in the summer? Again, these numbers look pretty bleak until late summer.
Interesting Options for Summer Investments
Summer is finally here after only nine months of waiting. Now might be a good time to look at investments that have to do with the summer months.
US April Non-Farm Payroll Rises: Will It Boost Confidence?
April non-farm payroll employment in the United States saw employers adding 211,000 jobs in April 2017 compared to 98,000 in March.
How Has the S&P 500 Fared Leading into Summer Months?
The US stock market as depicted by the S&P 500 Index (SPY) (SPXL) (IVV) closed 2016 with gains of 11%.
Why the Market Is Obsessed with Interest Rates
The increase in interest rates has a ripple effect on the economy and the stock market (SPXL).
Which Sectors Are Likely to Outperform in the Short Term?
The difference between trailing and forward PE ratios suggests that technology, telecom, healthcare, and materials could likely see robust earnings growth.
How Trump’s Proposed Policies Have Caused Sector Divergence
Despite the stellar run that financials (FAS) have had since the US elections in November 2016, financials are trading at very reasonable levels.
Bill Gross Says China’s Credit Level Ballooning
China’s financial markets already crashed in August 2015. However, the total debt-to-GDP ratio is still too high, at 277% in 2016.
Did US Consumer Confidence Improve in February?
The US Conference Board Consumer Confidence Index improved in February 2017. It was at 114.8 compared to 111.6 in January 2017.
How the Removal of Dodd-Frank Could Affect Banks
While the Dodd-Frank Act was passed to avoid another financial crisis, it has crippled banks’ profitabilities over the years due to higher capital requirements.
US Consumer Sentiment Index Slowed
According to a report from the University of Michigan, the US consumer sentiment index has risen slowly in February 2017.
Why Bill Gross Is Skeptical about US Economic Growth
In an interview with Bloomberg Television on February 3, 2017, Gross said that he is skeptical about real US economic (QQQ) (IVV) growth.
US CPI Meets Expectations: Will It Drive Market Sentiment?
According to the data provided by the US Bureau of Labor Statistics, the US inflation index stood at 0.3% in December 2016 compared to 0.2% in November 2016.
What Does the Rising US Consumer Sentiment Index Mean for the Economy?
The US Consumer Sentiment Index improved in January 2017. It stood at 98.1 in January 2017 compared to 98.2 in December 2016.
US Consumer Sentiment Index Rose: What It Means for the Economy
According to a report from the University of Michigan, the US consumer sentiment index has improved in December 2016.
How Trump’s Tax Reforms Could Affect the Economy
Under Donald Trump’s tax plan, the lowest earning Americans are likely to be the biggest winners.
How the Market Reacted to Trump’s Election
November 8, 2016, marked a major political shift in the history of the United States as Donald Trump was elected as the next US president.
Ideas from Hedge Fund Managers at the Robin Hood Conference
Recently, various prominent policy experts, financial leaders, and fund managers shared their views on market and investment ideas at the Robin Hood Investors Conference.
US Consumer Confidence Improved: Will It Support Growth?
The US Conference Board Consumer Confidence Index gave a strong performance in September 2016.
Jeffrey Gundlach: The Fed Has Been Supporting the S&P 500
Gundlach also believes it’s interesting to look at the correlation between the size of the Fed’s balance sheet and the S&P 500 (SPY) (SPXS) (SPXL) level.
Do the Markets Support a Rate Hike?
Back in November 2015, Gundlach presented what he called “the most bearish chart of the US economy” during a webcast.
How Rising US Consumer Price Index May Affect Fed Decision
According to a report from the United States Bureau of Labor Statistics, the US CPI (Consumer Price Index) rose 0.2% in August 2016 as compared to a flat performance in July 2016.
Investors Are Worried about an Impending Squall
Inverse ETFs can help protect against a squall US stocks bumped up against all-time highs again this year. After hitting a new intraday high of 2,178 on August 1, the S&P 500 was unable to hold onto the gains. Sector performances offer a glimpse of where we are in the market cycle. The top performing […]
Leon Cooperman: The Market Is Fairly but Fully Valued
Leon Cooperman indicated that at current multiples, the market is fairly but fully valued. The S&P 500 index’s (SPY) current PE multiple is at 20.45x.
Consumer Sentiment Index Rose: What It Means for the Economy
According to a report from the University of Michigan, the US consumer sentiment index has improved in August 2016.
Equity Valuation Fell by 47% When the Dot-Com Bubble Burst
The major event of the mid-1990s was the dot-com bubble, when Internet businesses experienced exponential growth. However, this wasn’t earnings growth.
When Sentiment Drives Valuations, Should You Use the 3-Day Rule?
The S&P 500 Index (SPY) is currently trading near its historic peak valuations. The index saw a high of 2,130.8 on May 21, 2015.
Bill Gross: Unfortunately, We Aren’t Playing Monopoly
In Monopoly, the $200 of credit creation never changes. In the real economy, credit creation isn’t guaranteed to occur at the same pace each year.
Mark Mobius: The Fate of Emerging Markets after the Brexit Vote
In a Squawk Box interview on CNBC, Mark Mobius, executive chairman of the Templeton Emerging Markets Group, explained his views on emerging markets.
Is China the Real Reason behind Billionaire Carl Icahn Exiting Apple?
On April 28, 2016, Icahn stated, “We no longer have a position in Apple,” during an interview with CNBC.
US Consumer Sentiment Falls Marginally: Could Inflation Improve?
According to the University of Michigan, the US consumer sentiment index stood at 94.3 in June 2016, compared with 94.7 in the previous month.
Portfolio Alpha: The Impact of Liquidity
A high expense ratio with lower returns impacts the overall alpha of an actively managed fund.
Jeffrey Gundlach Explains Why the Market Isn’t Incredibly Healthy
In a telephone interview, Jeffrey Gundlach said that “The market is not incredibly healthy.” He focused on SPY’s corporate earnings. The earnings remained weak.
Whitney Tilson to Investors: Focus on Growth and Returns
Whitney Tilson is the founder of Kase Capital Management. He did an interview on May 25, 2016. He discussed his investment strategy and top stock picks.
How’s the Weather Impacting Natural Gas?
In the week ending May 27, the actual temperatures were lower than the forecast between May 23 and May 27. Natural gas futures were under pressure.
Why David Rubenstein Thinks Crude Oil Could Rally to $70 in 2017
Rubenstein believes that crude oil could rally to $70 per barrel next year since crude oil moves in a periodic manner. Once the downside period is over, he says the upside period will continue.
Which Key Economic Indicators Were Released Last Week?
Some important economic indicators that were released last week include US crude oil inventories, US weekly jobless claims, US retail sales, and China’s industrial production.
Why Is David Einhorn Bullish on Gold?
Prominent hedge fund manager David Einhorn is bullish on gold. He said that his investment in gold (GLD) is generating a handsome profit.
Oil-Weighted Stocks after Crude Oil’s 2016 High and Low
On February 11, 2016, US crude oil (USL) touched a 12-year low. Between February 11, 2016, and May 9, 2016, US crude oil gained 65.7%.
Why Druckenmiller Recommends Investing in Gold
In the last five years, the S&P 500 Index (SPY) (SPXL) has had a negative correlation factor of 0.89 with the SPDR Gold Shares ETF (GLD).
Stanley Druckenmiller: Why the Bull Market Is Exhausting Itself
Stanley Druckenmiller, chair and CEO of the Duquesne Family Office and billionaire investor, discussed his views about the current investment environment at the Sohn Investment Conference in New York.
Ben Bernanke: Monetary Policy Faces Diminishing Returns
On April 11, former Fed Chief Ben Bernanke shared his thoughts on helicopter money. He talked about monetary policy tools that are available to spur growth.
Analyzing Aggregate Corporate Cash Holdings
Since 1Q15, the cash and short-term investment per share were down a little. At the end of 2015, the cash and short-term investment trends touched year lows.
Share Buybacks: Lower Valuation or Cheap Capital?
By reducing the number of outstanding shares, companies increase the EPS. Through share buybacks, companies return more cash to shareholders.
Analyzing Global Economic Indicators and What They Suggest
Economic indicators are important measures. They show the economic health of any country. Economic indicators show the short-term trend in the economy.
Economic Indicators: What to Look for in the Next Week
There are various indicators that will come out in the next week. We’ll focus on the indicators that are very important for the economy.
What Does Spectra Energy’s Moving Average Crossover Mean?
On February 8, Spectra Energy’s 20-day moving average crossed above its 100-day moving average, reflecting a strong rising trend in the stock.
What Is Labor Market Slack?
The unemployment rate doesn’t help us gauge the extent of labor market slack. The actual employment gap that exists also consists of a slack component.
Bill Gross: US Economy’s Return on Capital Is Falling Short
According to Bill Gross, every economy needs a certain level of nominal growth (real growth plus inflation). Gross believes nominal growth should be at least 4%.
Why Did the Brent-WTI Spread Narrow?
The Brent-WTI spread stood at $1.4 as of February 22. The spread reached a high of $15.63 in January 2014. Supplies increased compared to the demand.
Downstream Companies Are near 52-Week Lows: What Do Analysts Think?
Downstream companies Phillips 66, Valero Energy, Marathon Petroleum, and Tesoro could rise by 18%, 36%, 78%, and 50%, respectively, from their current levels.
Jobless Claims Rose in January
According to the Department of Labor, initial jobless claims stood at 285,000 for the week ended January 30. This was a rise of 8,000 from the prior week.
SPY Ended High, Rose by 2.1% as Oil Prices Advanced
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) rose by 2.1% and 6.2%, respectively, on January 22, 2016.
Deflationary Pressures Rising, Is China Worsening the Situation?
China’s economic slowdown is impacting all of its major trading partners, like the United States, Hong Kong, and Japan, along with China’s domestic economy.
SPY Rose 0.6% as Oil Prices Changed Direction
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) marched upwards on Thursday, January 21, 2016, registering 0.6% and 1.2% gains, respectively.
Producer Price Index Falls with Prices for Final Demand Goods
According to the US Bureau of Labor Statistics, the PPI-FD (producer price index for final demand) moved down 1.0% in December, year-over-year.
SPY Jumped 1.6%, Rise in Oil Prices Bolstered US Equities
January 14, 2016, saw a rally in the US equities represented by SPY and SPXL. The US dollar rose as the market showed optimism and oil prices picked up.
SPY Down 2.5% as Brent Fell below $30 for First Time in a Decade
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) retreated on Wednesday, January 13, 2016, after a short lift that lasted for two days.
US Stock Market Took a Break from Its Downward Trend
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) managed to end slightly higher on Monday, January 11, with returns of 0.1% and 0.06%, respectively.
After Its Early Gains Fade on China Concerns, SPY Ends Low
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) fell 1.1% and 3.3%, respectively, on Friday, January 8, 2016.
SPY Down 1.3%, Futures Markets Fell as Global Concerns Worsened
The SPDR S&P 500 ETF (SPY) fell by 1.3% on January 6, 2016. SPY’s component sectors bled as global concerns intensified this week.
The SPY ETF Stumbled Due to the Rout of Oil Prices
The SPDR S&P 500 ETF and the Direxion Daily S&P500 Bull 3X ETF stalled their rally on Wednesday, December 30, with falls of 0.7% and 2.1%, respectively.
SPY Rose 1.1% on Oil Price Rebound and Upbeat Consumer Confidence
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) jumped 1.1% and 3.3%, respectively, on Tuesday, December 29.
Slight Rise in Oil Prices Helped SPY Rise for the Second Day
SPY and SPXL continued to rise for the second consecutive day as oil prices displayed some stability on Tuesday, December 22. USO rose by 1.0%.
The SPY ETF Rose 0.8% despite a Continued Fall in Oil Prices
On Monday, December 21, 2015, the SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) rose by 0.8% and 2.8%, respectively.
Consumer Spending May Drive US Economy to Grow at 2.5% in 2016
The US economy contributes about 25.2% towards global GDP. In 3Q15, the US economy grew at an annualized rate of 2.1% due to an increase in consumer spending.
Friday’s Fall in US Stocks Erased Earlier Weekly Gains
US stocks represented by SPY and SPXL fell on Friday, December 18. The oil ETF fell by 0.7% due to the oil supply glut. US WTI crude fell by $0.22.
US Stocks Fall as Oil Prices Plunge Again
US stocks represented by SPY and SPXL fell in yesterday’s trade. SPY and SPXL fell 1.5% and 4.4%, respectively.
The Fed’s Long-Awaited Decision to Raise Rates Sent SPY Soaring
The SPDR S&P 500 ETF (SPY) rose 1.5% on December 16, 2015, as Federal Reserve members concluded their two-day meeting about the interest rate direction.
SPY Soared High through All of the Component Sectors
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) rose by 1.1% and 3%, respectively, on Tuesday, December 15, 2015.
US Stocks Follow Oil’s Rebound, SPY Rises 0.51%
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull and Bear 3X Shares ETF (SPXL) rose 0.51% and 1.7%, respectively, in yesterday’s trade.
Producer Prices Rise along with Prices for Final Demand Services
With an increase in final demand services, the producer price index for final demand, or PPI-FD, rose by 0.3% in November.
US Trade Deficit Rises as Exports Fell More than Imports
The US trade deficit stood at $43.9 billion in October. International trade plays a crucial role in determining whether the economy is growing or not.
SPY Rose Slightly, Witnessed the Energy Sector Sell-Off
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) rose by 0.11% and 0.36%, respectively, on Friday, November 27, 2015.
US Equities Ended Slightly Lower amid Terror Alarm in Germany
On November 17, US equities, which had traded in positive territory in early sessions, ended down after the news of suspected terrorist activity in Germany broke.
Bill Gross Shuns the Taylor Rule and the Phillips Curve
The Taylor rule is a backward-looking model used to determine short-term interest rates in an economy. Bill Gross prefers a corollary to Gresham’s law.
How Zero-Bound Money Restricts Credit Growth
Credit growth has started to slow in the Us. From the 12% annualized growth rate of commercial and industrial credit in 2014, the rate is currently around 10.8%.
Bill Gross Endorses a Corollary to Gresham’s Law
In his Investment Outlook for November, fund manager Bill Gross sees a corollary to Gesham’s law. Gross thinks that cheap money drives out good money.
Nordstrom and Fossil Group Pulled Down SPY for a 1.1% Loss
Stocks at the bottom of SPY on November 13, 2015, were Fossil Group (FOSL), GameStop (GME), and Nordstrom (JWN). These stocks yielded -36.5%, -16.5%, and -15.0%, respectively, that day.
Sinking Oil Prices Rattled Stock Markets and Russia’s GDP Growth
Because of the supply glut in oil, prices fell steeply, affecting energy stocks and Russia’s GDP growth rate. Oil is currently priced at ~$42 per barrel.
Oil Price Fell and Rattled the Energy Sector, SPY Ended Lower
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) fell by 0.39% and 1.2%, respectively, on Wednesday, November 11.
Service Sector Expanded at Faster Rate in October
The service sector makes up more than 85% of the US economy. With manufacturing picking up in October, faster growth in the service sector may further ramp up economic growth.
US Trade Deficit Fell due to Surge in September Exports
According to the US Census Bureau, the goods and services deficit was $40.8 billion in September, down $7.2 billion from a revised $48.0 billion in August.
US Stocks Retreat Ahead of Federal Open Market Committee Meeting
For clues on the timing of the Fed’s rate change, investors are looking forward to Federal Open Market Committee meeting to be conducted this week.
What Are the Implications of a 2% Federal Funds Rate?
A 2% federal funds rate could certainly affect stock and bond prices. They would start to tumble almost instantly.
Alternatives Improve Your Portfolio’s Risk-Adjusted Returns
Alternatives improve your portfolio’s risk-adjusted returns. Let’s consider the correlation between stocks, bonds, and commodities. They’re alternative investments.