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A Potential Calm Before The Storm Could Draw Intrigue In Direxion's NVDU And NVDD Funds
Tuesday, September 24, 2024 - 8:00am | 883Nvidia Corp (NASDAQ:NVDA) has been in the news lately. However, it was not for what it did but for what it didn't do. Unlike prior sessions when the technology juggernaut – whose advanced graphics processors are critical for artificial intelligence – seemingly enjoyed no upside limits, NVDA stock...
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Tech And Economy Collide To Facilitate Rich Trading Grounds For Direxion's AMZU And AMZD Funds
Tuesday, September 17, 2024 - 3:55pm | 825Amazon.com, Inc. (NASDAQ:AMZN) helped enliven an otherwise flat session on Wall Street Tuesday. Shares of the e-commerce and technology juggernaut moved up slightly over 1% in late afternoon trading. Driving the push forward for AMZN stock was news of the underlying enterprise announcing a...
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A Digitalization Showdown Offers Traders A Potential Opportunity In Direxion's AI And Big Data Bull And Bear ETFs
Thursday, September 12, 2024 - 7:49am | 1003NVIDIA Corp. (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD) – both heavyweights in the realm of artificial intelligence – saw their market value rise significantly during the midweek session. NVDA stock jumped just over 8% against Tuesday's close, while AMD came shy of hitting 5% up....
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Weighing Risks And Opportunities With Direxion's 2X Leveraged Oil ETFs
Monday, September 9, 2024 - 8:08am | 977Big oil giants Chevron Corp (NYSE:CVX) and Exxon Mobil Corp (NYSE:XOM) moved up slightly in the pre-market session Monday in a bid to recover from last week's losses. Both enterprises – particularly the former – suffered heavy losses following concerns about the economy. Anxieties only became more...
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A 'Golden' Economic Debate Highlights Trading Opportunities In Direxion's Gold Miners Bull And Bear 2X ETFs
Wednesday, September 4, 2024 - 7:55am | 855Gold has historically been considered the archetypal safe-haven asset – and safety appears to be a hot commodity these days. While the Federal Reserve has seen encouraging progress in the fight against inflation, key elements such as housing costs remain a burden on many American families. As such...
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Nvidia's Pre-Earnings Showdown Offers Opportunities For Both Bulls And Bears Through Direxion's NVDA ETFs
Tuesday, August 27, 2024 - 7:48am | 988Nvidia Corp (NASDAQ:NVDA) is set to release its much-anticipated earnings report for the fiscal second quarter of 2025 tomorrow after the closing bell. While analysts are largely bullish on NVDA stock, enough questions have sprouted to lay the groundwork for a tug-of-war. As such, nimble traders...
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As Fed Potentially Preps Lower Rates Amid Economic Challenges, Direxion Bull & Bear 3X Shares Offer Amplified Trading Opportunities
Wednesday, August 21, 2024 - 7:58am | 976JPMorgan Chase & Co (NYSE:JPM) and Goldman Sachs Group (NYSE:GS) ranked among the top institutions in the Financial Select Sector Index that have enjoyed a robust recovery following a sharp correction in late July. The Bank of Japan's (BOJ) decision to raise its benchmark interest rate sparked...
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Positive Retail Data Brings Direxion Amazon-Focused ETFs AMZU And AMZD Into The Spotlight
Thursday, August 15, 2024 - 3:41pm | 697Amazon.com Inc (NASDAQ:AMZN) represents one of the big winners for Thursday, with AMZN stock seemingly benefiting from robust consumer spending data. Retail sales popped up 1% on a month-over-month basis in July. This figure beat economists' expectations of a 0.3% rise. Adding to the enthusiasm, on...
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Tech Sector Volatility Presents Opportunities With Direxion's Leveraged ETFs
Tuesday, August 13, 2024 - 3:28pm | 990Top technology firms such as Microsoft Corp (NASDAQ:MSFT) and NVIDIA Corp (NASDAQ:NVDA) have recently generated business headlines for the possibility of a sector turnaround. Since July, several innovation specialists that previously benefited from the rise of artificial intelligence began showing...
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Strong Consumer Demand For Live Concerts Undergirds Pure-Play Music ETF (MUSQ)
Tuesday, August 13, 2024 - 1:51pm | 731Live Nation Entertainment Inc (NYSE:LYV) has been in the news recently thanks to the disclosure of its second-quarter earnings report. On paper, the results were mixed, with earnings per share of $1.03 missing the consensus view of $1.06. However, the top line offered a more encouraging framework,...
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Tune Into Potential Profits With The Sector Pure-Play MUSQ Global Music Industry ETF (MUSQ)
Tuesday, August 13, 2024 - 1:51pm | 789Spotify Technology (NYSE:SPOT) generated headlines in the pre-market hours as the company revealed its much-awaited second-quarter earnings report. Ahead of the disclosure, SPOT stock suffered from a strongly bearish trend despite an implied robust upside based on analysts' price targets. Therefore...
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Proposed Stricter Nasdaq Delisting Process Could Put Spotlight On Direxion Small Cap Bull And Bear 3X ETFs
Friday, August 9, 2024 - 2:34pm | 787Nasdaq (NASDAQ:NDAQ) made waves Thursday when it proposed tighter delisting processes for companies that fall out of compliance with listing standards. Targeting so-called penny stocks, the new standard may lead to struggling entities getting the boot by the stock exchange operator. According to...
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Music ETF (MUSQ) Hits The Right Note With Compelling Content Mix
Wednesday, August 7, 2024 - 2:52pm | 800Music entertainment company Warner Music Group (NASDAQ:WMG) made headlines earlier today with the release of its fiscal third-quarter earnings report. Ahead of the disclosure, analysts anticipated earnings per share of 27 cents on sales of $1.56 billion. Actual results fell just shy of overall...
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Trade The Deep Learning Market With Direxion's AI And Big Data 2X Bull And Bear Funds
Monday, July 29, 2024 - 7:55am | 871Palantir Technologies (NYSE:PLTR) led several big data and deep-learning-related enterprises higher during Monday's premarket session, with investors eager to right the ship in the broader technology ecosystem. Arista Networks (NYSE:ANET), which offers data center and cloud-networking systems, also...
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Play The Political Angle In The EV Sector With Direxion's 2X Bull And 1X Bear Funds
Monday, July 22, 2024 - 1:35pm | 926Tesla Inc (NASDAQ:TSLA) stakeholders are digesting the latest political move, which has President Joe Biden stepping down from the contentious electoral race. The shocking measure will likely have significant implications for the electric vehicle (EV) market. Just several days ago, the Biden...