Posts tagged as:

RUSS

After a week that has seen some of the steepest sell-offs in recent memory, there are plenty of portfolios drenched in red. Before Thursday’s reprieve, a string of negative developments hammered markets around the globe, sending many equities down by double digits in a matter of a few short days. The recent bout of instability stemmed from uncertainty in Europe and worries over inflation in emerging markets, but largely was a result of the downgrade handed to the U.S. by Standard and Poor’s, the first downgrade of U.S. debt by a domestic credit rating agency in history. [click to continue…]

{ Comments on this entry are closed }

Recapping A Wild Week

by on May 28, 2011 | Updated April 25, 2013

After concerns about Europe dominated trading in the early part of the week, U.S. and international markets staged a comeback in the final sessions of the week, putting most major benchmarks higher but not enough to break through into the green on the week. Though Friday was light on volume ahead of an extended holiday weekend, there was no shortage of significant economic data. Consumer spending disappointed analysts and pending home sales plummeted, but bullish comments from G-8 leaders were enough to outweigh those negative developments.

Commodities continued to shine over the last several sessions, with silver reclaiming big chunks of the ground lost during its extreme sell-off earlier this month and energy commodities once again demonstrated strength thanks to impressive overseas demand. [click to continue…]

{ Comments on this entry are closed }

Direxion Launches Leveraged Russia, Agribusiness ETFs

by on May 25, 2011 | Updated April 25, 2013

Direxion rolled out the latest additions to its lineup of leveraged and inverse ETFs today, introducing products that offer 3x daily exposure to Russian equities and the global agribusiness sector. The new ETFs include:

{ Comments on this entry are closed }