TECL - Direxion Daily Technology Bull 3X Shares
|Ex-Dividend Date||Dec 10, 2020|
|Trading Day||July 23|
|Day's Range||61.73 - 63.44|
|52-Week Range||23.54 - 63.44|
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Technology Select Sector Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index includes domestic companies from the technology sector. It is non-diversified.
|Asset Class |
|Inception Date |
Dec 17, 2008
|Ticker Symbol |
|Index Tracked |
Technology Select Sector Index.
Top 10 Holdings85.15% of assets
|TECHNOLOGY SELECT SECTOR INDEX SWAP||n/a||17.76%|
|TECHNOLOGY SELECT SECTOR INDEX SWAP||n/a||15.95%|
|TECHNOLOGY SELECT SECTOR INDEX SWAP||n/a||11.71%|
|TECHNOLOGY SELECT SECTOR INDEX SWAP||n/a||9.95%|
|TECHNOLOGY SELECT SECTOR INDEX SWAP||n/a||8.45%|
|TECHNOLOGY SELECT SECTOR INDEX SWAP||n/a||7.48%|
|DREYFUS GOVT CASH MGMT||n/a||3.14%|
|BANK OF NEW YORK CASH RESERVE||n/a||2.80%|
|Dec 10, 2020||$1.90||Dec 17, 2020|
|Mar 24, 2020||$0.194||Mar 31, 2020|
|Dec 23, 2019||$0.111||Dec 31, 2019|
|Sep 24, 2019||$0.071||Oct 1, 2019|
|Mar 19, 2019||$0.433||Mar 26, 2019|
|Sep 25, 2018||$0.1159||Oct 2, 2018|
Leveraged ETFs provide multiple exposure (2X or 3X) to the daily performance of the underlying index. These funds employ various investment strategies such as use of swaps, futures contracts and other d...
Individual investors may prefer Windows or Mac, but most traders can agree that exposure to both can be beneficial in a short-term trading strategy with assets like the Direxion Daily Technology Bull 3X...
It's the largest sector in the S&P 500 and perhaps the most beloved, so it's not surprising that technology draws a crows.
Technology is having a stellar year, and all traders have left to wonder is whether the momentum can carry through to next. An ETF to watch for the bullish at heart is the Direxion Daily Technology Bull...
Riding the volatility of technology this year has been akin to surfing the North Shore. If traders are ready for some more waves, they can wax up the Direxion Daily Technology Bull 3X ETF (NYSEArca: TEC...
Investors looking at the recent election week rally might be salivating, with eyes on bigger returns. Leveraged exchange-traded funds (ETFs) could be on their radar, but they need to understand the risk...
Plenty of sectors are in electoral crosshairs this year, technology chief among them. The S&P 500's largest sector weight is a leadership group again in 2020, but there are implications for it come Elec...
The darling technology sector took some lumps earlier this month, but consensus wisdom appears to be that was a mere blip and the group will get its groove back if it's not already doing so.
It would be reasonable to expect that last week's breathtaking declines among marquee technology stocks and the Nasdaq-100 Index would be all the impetus traders need to abandon leveraged tech exchange-...
The Covid-19 pandemic threw a wrench into a number of initial public offering (IPO) plans, but a flood of new startups are ready to enter the market. As such, this could continue to make the technology ...
Covid-19 will continue to force us to adapt to a new normal where technology plays an even larger part in our lives as social distancing measures continue amid the pandemic.
More and more job seekers are finding remote, work-from-home options in their search, which is certainly a sign of the times. As more companies and their respective CEOs embrace this work-from-home cult...
Upbeat technology earnings releases, extremely downbeat U.S. GDP data for the second quarter, rise in virus cases and vaccine hopes were the key factors that pulled the strings of the markets last week.
Amid the coronavirus pandemic, technology has been one of the few shining stars that has not only been able to recover from the March sell-offs but to also outperform as the Nasdaq continues to reach hi...
Leveraged and inverse exchange-traded funds can be dangerous for investors who don't do their homework, two industry leaders warn.
Unpacking leveraged and inverse ETFs with two industry pros
Tom Lydon, CEO of ETF Trends and ETF Database, and David Mazza, head of product at Direxion, explain the mechanics behind leveraged and inverse ETFs. With CNBC's Bob Pisani.
Apple has led big tech higher Monday, gaining 2.68% as investors show enthusiasm for a plethora of new product and operating system announcements from the iPhone maker’s Worldwide Developers Conference.
Last week witnessed a tug-of-war between bulls and bears.
The coronavirus pandemic catapulted technology into the spotlight as social distancing and lockdown measures forced individuals and businesses to rely more heavily on software as well as the internet.
Leveraged exchange traded funds, such as the Direxion Daily Technology Bull 3X Shares (NYSE: TECL), usually aren't viewed as defensive ideas.
With the Nasdaq recently closing above 10,000, needless to say—technology stocks are hot right now. As such, it’s difficult for traders to not jump on the tech bandwagon right now using tech-focused lev...
Technology has been able to mute the effects of the pandemic as social distancing and lockdown measures are forcing people to adopt the latest tech in order to facilitate communication for personal or b...
With April seeing major indexes bounce back after one of the most tumultuous periods in market history, one would be forgiven for thinking an economic recovery is imminent. Volatility abated in April, e...
The recent explosion in tech stocks has aided the Nasdaq in achieving a 2% year-to-date gain through Tuesday’s close, while the S&P 500 is down 10% year to date and the Dow is off 15%. Now Jim Cramer sa...
Aggressive investors who remain bullish on the outlook for the tech sector and our increased reliance on technology can consider a leveraged exchange traded fund to capitalize on this trend. “Based on w...
When volatility is elevated, as has been the case of late, it’s important to keep an eye on relative strength and weakness.
We highlighted six leveraged equity ETFs that piled up more than 25% returns halfway through the first quarter.
The rise in the big five technology stocks today include the famous FAANGs (Facebook, Amazon, Alphabet, Netflix, and Google), and while the eventual implosion of the extended bull run is making investor...
The U.S.-China trade war is more than 18 months old. And in that time the conflict has taken a toll on stocks across the world and put company executives and market watchers alike on edge.
Wall Street continued its winning streak to start the second half by making history amid lingering trade war and global growth concerns. We have highlighted five ETFs that have gained in double digits s...