Posts tagged as:

SOXS

Here is a look at the 25 best and 25 worst ETFs from the past trading week. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions. [click to continue…]

{ Comments on this entry are closed }

Here is a look at the 25 best and 25 worst ETFs from the past trading week. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions. [click to continue…]

{ Comments on this entry are closed }

Direxion, one of the leading issuers of leveraged ETFs, announced reverse splits for six of its 3x bear funds. Five of the leveraged products will undergo 1-for-5 reverse splits for shareholders of record after the close of the markets on Wednesday, Feb. 23, 2011: Daily Financial Bear 3x Shares (FAZ) Daily Large Cap Bear 3x […]

{ Comments on this entry are closed }

Competition in the semiconductor ETF space has always been fierce, with no fewer than four products (SMH, IGW, XSD, PSI) from four different issuers (Merrill Lynch, iShares, State Street, PowerShares) all targeting a relatively narrow slice of the tech sector. Perhaps aiming to capture a greater portion of this market, iShares recently announced plans to […]

{ Comments on this entry are closed }

With investors looking for confirmation that improved economic indicators are translating to healthier bottom lines for domestic and global companies, another highly anticipated and critical earnings season kicked off this week. Things got off to a rocky start when aluminum giant Alcoa posted disappointing sales and earnings figures. That shortfall increased investor anxiety as chip […]

{ Comments on this entry are closed }

After a few speed bumps early in 2010, ETFs are back on track and traveling full steam ahead. In the first three months of 2010, nearly 60 new ETFs have been launched, which is already equivalent to nearly half funds to hit the market over the course of 2009.  The recent SEC decision to halt approval on products using derivatives may slow this pace a […]

{ Comments on this entry are closed }

Direxion Launches Six New Leveraged ETFs

by on March 11, 2010 | Updated March 12, 2010

Direxion, a pioneer in the 3x leveraged ETF space, announced Thursday the launch of six new funds, bringing the firm’s total product offerings to 34, and represent firsts for both the company and the ETF industry. The leveraged ETFs beginning trading on Thursday include:

{ Comments on this entry are closed }