Leveraged ETF

Space Exploration Technologies Corp‘s (NASDAQ:SPCX) historic market debut is already getting the Wall Street turbocharger treatment. Just one trading day after SpaceX completed what is being billed as the largest IPO in market history, Direxion rolled out the Direxion Daily SpaceX Bull 2X ETF...

KraneShares 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-...

XRP (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...

Tesla 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)...

Mo 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...

MicroStrategy 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 (...

Just 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...

An 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...

Since 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...

The 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...

A 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...

Gold 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...

ProShares 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)...

Bullish 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...