U.S. stock futures pointed to a higher opening following the report ... Direxion …
NASDAQ
A stock is considered to be oversold if the RSI reading falls below 30. In the case of Daily Financial Bear 3x Shares, the RSI reading has hit 29.7 — by comparison, the RSI reading for the S&P 500 is currently 64.5. A bullish investor could …
In a period when the stock market has hit new all-time highs ... The Direxion Daily Financial Bear 3X ETF (NYSEMKT: FAZ) is actually more active than the “FAS” at this time, but its average daily is 3.25 million shares per day, also down …
Wall Street
At Stock Options Channel, our YieldBoost formula has looked up and down the FAZ options chain for the new March 27th contracts and identified one put and one call contract of particular interest. Investors in Daily Financial Bear 3x Shares …
David Zeiler: Of all the tools one might use to predict a stock market crash in 2013 ... TZA), Direxion Daily Financial Bear 3X Shares ETF (NYSEARCA:FAZ). We’re in the midst of the greatest investing boom in almost 60 years.
Inverse exchange-traded funds (ETFs) allow investors to gain from poor performance of a group of assets such as stock indexes. Inverse funds are typically less popular than corresponding long funds, and some inverse trackers of U.S. …
Sector
Direxion's filing didn't include a ticker for the new fund, but the firm did say the fund will trade on the New York Stock Exchange and have an expense ratio of 0.65%. That's 30 basis points lower than what FAS and FAZ charge. The new …
Because the banking sector, as measured by stock performance, has been very strong in the last year, FAZ as was on a path to zero. As FAZ leverages 300% against banks, it is easy to see the fund is losing on such investments, and in …
Rally
For instance, an investor may want to use the bear-fund FAZ to hedge exposure to financials if there is bad news in the banking sector. Rather than having to sell the stock positions in banks and take the tax hit, the ETF can act as a quick …
Investors in Daily Financial Bear 3x Shares (FAZ) saw new options begin trading today, for the September 25th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the FAZ options chain for the new …