-
Investors Following Housing Sentiment May Consider Direxion's NAIL ETF
Monday, December 23, 2024 - 4:28pm | 728Following the COVID-19 pandemic, active listings for single-family homes fell conspicuously due to public health concerns and mandated stay-in-place orders. Naturally, this framework sparked a demand bottleneck, cynically benefiting homebuilders as society gradually normalized. However, incoming...
-
Palantir's Valuation Debate Sparks Intrigue For Direxion's PLTR-Focused ETFs
Wednesday, December 18, 2024 - 9:10am | 843As one of the top technology performers in the market this year, no one can deny the extraordinary performance of big-data analytics specialist Palantir Technologies Inc (NASDAQ:PLTR). Since the beginning of this year, PLTR stock gained almost 350%. At the same time, the equity sector's...
-
A Tech Renaissance Could Offer Enticing Opportunities In Direxion's QQQU, QQQD ETFs
Wednesday, December 11, 2024 - 8:38am | 935Late last month, JPMorgan analysts stated that with other global regions struggling with various challenges, the U.S. will likely remain the global growth leader. Much of this bold assertion centers on artificial intelligence. As Benzinga recently reported, AI "is sparking a capital expenditure...
-
Little-Known Pricing Dynamics May Warrant A Closer Look At Direxion's AVGO-Focused ETFs
Friday, December 6, 2024 - 8:01am | 836Bullish speculators seemingly lack no shortage of justifications for their stance in semiconductor and software giant Broadcom Inc. (NASDAQ:AVGO). Earlier in the week, AVGO stock shot up amid the backdrop of the U.S. government announcing its latest round of sanctions, specifically targeting the...
-
Skeptical Contrarians May Find Opportunity In Direxion's S&P 500 Bear Fund
Wednesday, December 4, 2024 - 7:45am | 733It would seem that optimists currently see no reason to abandon their bullishness, with the benchmark S&P 500 index again inking another record close. What's more, the available data appears to justify an acquisitive posture. For example, job openings rose by 372,000 to 7.744 million in October...
-
Raging AI Debate Could Deliver Fuel For Direxion's Nvidia-Focused Funds NVDU And NVDD
Monday, November 25, 2024 - 6:56am | 786Nvidia Corp (NASDAQ:NVDA) investors have no shortage of reasons to continue bidding up NVDA stock. Primarily, the semiconductor stalwart – known for its advanced graphics processors that undergird artificial intelligence-based platforms and applications – recently posted financial results for the...
-
Split Sentiments May Drive Huge Interest In Direxion's SPXL And SPXS Leveraged ETFs
Wednesday, November 20, 2024 - 4:38pm | 901Up until earlier Wednesday morning, bullish investors had every reason for fueled optimism. Yesterday, big-box retailing giant Walmart Inc (NYSE:WMT) delivered strong third-quarter results, posting adjusted earnings per share of 58 cents. This easily eclipsed analysts' consensus view of 53 cents....
-
Crypto Surge And AI Demand Highlight Potential Opportunity In Direxion's 2X Uranium ETF
Thursday, November 14, 2024 - 7:57am | 765Following the election of Donald J. Trump to a second non-consecutive term, global capital markets have generally responded well to the news. However, one of the strongest beneficiaries of this electoral boost has been the cryptocurrency sector. With the total valuation of the digital asset...
-
Stunning Trump Victory Could Provide 'Yuge' Showcase For Direxion's GUSH And DRIP ETFs
Wednesday, November 6, 2024 - 6:43am | 820Former President Donald J. Trump recently addressed his supporters, declaring victory in the contentious 2024 election. While several major networks had yet to call the race in the wee hours of Wednesday morning, Trump won key battleground states, including pivotal Pennsylvania. With its 19...
-
Heightened Tensions Amid Election Drama Could Bolster Direxion's DFEN Fund
Monday, November 4, 2024 - 4:09pm | 712All eyes are focused on the upcoming U.S. presidential election, with several indicators suggesting a tight race between Vice President Kamala Harris and former President Donald J. Trump. However, a shocking poll result in Iowa may have significant implications for the race and thus for the broader...
-
Regional Banking Boom Shines Spotlight On Direxion's 3X DPST Fund
Monday, October 28, 2024 - 3:08pm | 655While apprehensiveness ahead of the third-quarter earnings season permeated the air, the U.S. regional banking sector has proven doubters wrong, at least according to JPMorgan Chase analyst Anthony Elian. With small-to-middle-capitalization banks posting better-than-expected financial results, the...
-
Unusual Options Activity Shines Spotlight On Direxion's Leveraged JNUG, JDST ETFs
Monday, October 21, 2024 - 4:04pm | 808Precious metals barometer SPDR Gold Trust (NYSE:GLD) — an exchange-traded fund that tracks the price of physical gold — recently raised eyebrows as one of the highlights in Benzinga's unusual options activity screener. However, the sentiment clocked in as "bearish," running counter to the current...
-
Tech Sector Chaos Puts Spotlight On Direxion's 3X-Leveraged SOXL And SOXS Funds
Wednesday, October 16, 2024 - 8:02am | 747An unintentional disclosure by semiconductor equipment specialist ASML Holding N.V. (NASDAQ:ASML) penalized the broader technology sector, with the benchmark Nasdaq index losing 1% on Tuesday. Unfortunately, ASML accidentally released its third-quarter earnings report a day early, causing a ripple...
-
Trading Taiwan Semiconductor's Upcoming Litmus Test Through Direxion's TSMX, TSMZ Funds
Wednesday, October 9, 2024 - 7:38am | 741Although technology juggernaut Nvidia Corp (NASDAQ:NVDA) invariably commands the spotlight for all things AI-related, traders may first look to chip foundry Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) for clues regarding sentiment for the broader innovation ecosystem. That's mainly...
-
Heightened Trading In Alphabet Stock May Drive Traffic To Direxion's GGLL And GGLS Funds
Thursday, October 3, 2024 - 8:09am | 854Technology juggernaut Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) has been on the move, gaining over 5% in the trailing month. Some of the enthusiasm can be attributed to the rising demand for artificial intelligence. Recently, Benzinga Neuro mentioned that Sir Demis Hassabis, head of the company's...