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KraneShares Unveils Leveraged ETF For Investors Bullish On Mercado Libre
Friday, June 13, 2025 - 12:58pm | 401KraneShares is doubling down on Latin America’s digital economy, literally. The company on Thursday introduced the KraneShares 2x Long MELI Daily ETF (NASDAQ:KMLI), a new leveraged fund that is intended to track twice the daily movement of MercadoLibre (NASDAQ:MELI), the region’s top e-...
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XRP Outshines Bitcoin, Ethereum With A 5% Spike Ahead Of Its ETF Debut On Wall Street
Tuesday, April 8, 2025 - 1:56am | 764XRP (CRYPTO: XRP) charted a sharp recovery Monday ahead of the launch of its first-ever exchange-traded fund on Wall Street. What happened: The fourth-largest cryptocurrency by market capitalization spiked 5% in the last 24 hours, marking a significant turnaround from the "Black Sunday" crash. XRP...
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Tesla Leveraged ETFs Hit A Death Cross: Is A Short Squeeze Next For TSLL, TSLR?
Thursday, April 3, 2025 - 1:39pm | 762Tesla Inc (NASDAQ:TSLA) stock's wild ride in 2024 has been painful for its leveraged ETFs, and now, the charts are flashing a classic technical red flag: the dreaded Death Cross. Both the Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) and the GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR)...
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Direxion Sparks Up Its Product Strategy With New CPO
Tuesday, April 1, 2025 - 9:00am | 432Mo Sparks is bringing the heat to Direxion. The ETF provider, known for its high-octane leveraged and inverse funds, has named Sparks its new chief product officer, signaling its continued push for innovation in the trading world. A Veteran ETF Strategist Joins The Team Sparks, whose résumé reads...
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How Leveraged MicroStrategy ETFs Are Powering The Bitcoin Surge
Thursday, December 5, 2024 - 12:24pm | 451MicroStrategy Inc's (NASDAQ:MSTR) leveraged ETFs have amplified the company’s role as a de facto Bitcoin (CRYPTO: BTC) proxy. According to JPMorgan analyst Nikolaos Panigirtzoglou, these ETFs — Defiance Daily Target 2x Long MSTR ETF (NASDAQ:MSTX) and the T-Rex 2X Long MSTR Daily Target ETF (...
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Broadcom, Micron Traders Get New Tools With Direxion's Latest Leveraged Bull And Bear ETFs
Thursday, October 10, 2024 - 9:00am | 482Just one week after expanding its single-stock ETF suite, Direxion has launched new leveraged ETFs targeting two major players in the semiconductor industry: Broadcom Inc (NASDAQ:AVGO) and Micron Technology Inc (NASDAQ:MU). Broadcom And Micron – New Leveraged Bull & Bear ETFs With Thursday...
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Want To Bet Against Tesla? There Could Be A New Inverse ETF For Traders
Thursday, February 17, 2022 - 6:34pm | 679An ETF filed Thursday would bet against one of the most loved stocks and companies and could create a battle with the world’s richest person. What Happened: Direxion filed an ETF called Direxion Daily TSLA Bear 1X Shares. The ETF would bet against Tesla Inc (NASDAQ: TSLA) on a daily basis and...
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Direxion Leveraged ETFs - Do They Make Sense For You?
Tuesday, April 25, 2017 - 2:24pm | 850Since you’re reading this, it’s safe to assume you are curious or unsure about leveraged ETFs. The fact that you want to learn more about how these assets function and whether they’re compatible with your own investment style is a good indication that you have at least the...
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Leveraged Bank ETFs Step Into Earnings Spotlight
Monday, April 10, 2017 - 2:05pm | 656The first-quarter earnings season starts in earnest this week with the quarterly deluge of profit reports from big banks headlining the Easter holiday week's earnings slate. Short-term events such as earnings reports make ideal opportunities to use leveraged exchange-traded funds. Using...
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SEC May Use 1940 Act To Rein In 170 Leveraged ETFs
Tuesday, June 7, 2016 - 12:11pm | 472A leveraged exchange-traded funded (ETF) offers investors and traders a leveraged exposure to the price performance of an index. For example, the Direxion Daily Financial Bear 3X Shares (NYSE: FAZ) is designed to offer an investment return approximately equal to 300 percent of the inverse (or...
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Gold Is In The Spotlight; Marc Cuban Thinks It Could Be A 'Safe Haven'
Thursday, February 11, 2016 - 2:21pm | 368Gold stocks surged on Thursday after the Fed's Janet Yellen hinted that negative interest rates could be a possibility - in theory, at least. "We haven't finished the evaluation," Yellen said during a questioning period on Capital Hill. "I wouldn't take [them] off the table." U.S. gold for delivery...
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ProShares Releases 2 New Leveraged Biotech ETFs
Tuesday, June 23, 2015 - 3:38pm | 581ProShares has always been a fund company that isn’t afraid to introduce new products designed to maximize short-term moves in the market. Two of their latest ETFs are aiming to capitalize on the red-hot biotech space. On Tuesday, the Proshares UltraPro NASDAQ Biotechnology (NASDAQ: UBIO)...
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4 Leveraged ETFs Poised to Deliver Big Gains (TYD, SJI)
Wednesday, July 25, 2012 - 3:09pm | 771Bullish and bearish leveraged ETFs are frequently the source of much criticism and scrutiny. Much of that stems from the misuse of these products as investments, not trades. Daily recalculations and frequent rolling of derivative contracts used to juice these funds' returns often lead to...
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What Is An ETF?
Friday, February 25, 2011 - 5:40pm | 581BookingAlpha WHAT IS AN ETF? ETF is short for Exchange Traded Fund. ETF's have exploded in popularity in the last few years due to their flexibility, diversification, and ease of trading. An ETF is a security that tracks and mirrors the performance of an index, commodity, or sector and trades in...
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Why Most Investors Should Not Buy Ultra Short ETFs (SDS)
Wednesday, October 7, 2009 - 3:18pm | 347Most investors would be well advised to steer clear of 2X/3X levered or 'Ultra' ETFs. These try to emulate the move of an underlying index or sector and use options or futures to multiply the move by 2 or 3 times. In the very short term (and I mean days or weeks) this strategy works as...