Direxion ETF

The hot exploration and production segment of the energy sector gets its first batch of earnings tests this week as just over 24 percent of the S&P Oil & Gas Exploration & Production Select Industry Index (SPSIOPTR) delivers first-quarter results. What Happened Earnings season is prime...

The week of April 15 brings a fair amount of first-quarter earnings reports. Just over 14 percent of the S&P 500 delivers earnings during that week, but for some sectors and industries, the percentages of earnings reports coming in between April 15 and April 19 are significantly higher. What...

The first-quarter earnings avalanche is coming, and that means imminent tests for some of 2019's resurgent sectors. That includes regional bank stocks and the related exchange traded funds (ETFs). What Happened As measured by the S&P Regional Banks Select Industry Index (SPSIRBKT), regional...

Much has been written about the perpetual shift in sentiment between growth and value. Market timers are always trying to figure out when investors are becoming more bullish on growth stocks and bearish on value, or vice versa, and the resulting actions can go a long way in determining which...

Leveraged biotechnology exchange traded funds (ETFs) are known to make big moves, but sometimes those moves are not always about price action. What Happened Entering Monday, the Direxion Daily S&P Biotech Bull 3X Shares (NYSE: LABU) was up nearly 11 percent month-to-date, making it one of the...

Something interesting is happening in the energy patch this year and it is not just oil's status as one 2019's best-performing commodities. What Happened While oil prices are surging, the energy sector is being left behind...sort of. The Energy Select Sector Index (IXETR), a widely followed...

Last month, the yield curve inverted, meaning yields on 10-year Treasuries fell below the yields on 3-month T-bills. Inverted yield curves have previously been reliable recession indicators, but the most recent inversion quickly normalized. What Happened Historically, it has taken about six months...

The second quarter is still in its nascent stages, but that also means first-quarter earnings season will be soon arriving. That also means investors will soon be treated to a deluge of earnings reports from the financial services sector. What Happened Even with the benefit of four interest rate...

Brazilian stocks are usually more volatile than broader emerging markets benchmarks, and political volatility often plays a role in the gyrations of equities in Latin America's largest economy. What Happened The MSCI Brazil 25/50 Index has been volatile in recent days following the arrest of...

In the first quarter, the energy sector is atoning for its 2018 doldrums and exploration and production stocks are getting in on the act. With oil headed for one of its best first-quarters on record, the S&P Oil & Gas Exploration & Production Select Industry Index is higher by 15.42...

The financial services sector and the related exchange traded funds (ETFs) are once again struggling. Last week, the Financial Select Sector Index fell almost 5 percent as the sector notched its worst weekly performance in about eight years. Yes, this is a movie investors have seen before. As...

One of this year's most impressive redemption stories on Wall Street is that of the homebuilders. After plunging nearly 31 percent last year, the Dow Jones U.S. Select Home Construction Index is higher by 17.20 percent this year. What Happened Aggressive traders looking to capitalize on the...

Barring a few hiccups heading into March, the first quarter of 2019 has been among the best three months in recent history. After a January that saw the broad market gain nearly 8 percent, February pushed the S&P up another 3.25 percent. All told, the index is up about 12 percent year-to-date....

The widely followed Dow Jones Transportation Average entered Wednesday with a year-to-date gain of 12.41 percent, but the bull thesis for transportation stocks was dealt a blow when shares of FedEx Corporation (NYSE: FDX) slid after the freight and logistics company cut its full-year earnings per...

Semiconductor stocks and related exchange-traded funds (ETFs) are among the star performers in the first quarter. The widely followed PHLX Semiconductor Index is higher by 22.11 percent and chip stocks are on pace for their best first quarter showing on record. What Happened Starting 2019 with...