Direxion Daily Technology Bear 3X Shares (TECS)
|Ex-Dividend Date||Mar 24, 2020|
|Day's Range||4.14 - 4.24|
|Inception Date||Dec 17, 2008|
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the Technology Select Sector Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is provided by S&P Dow Jones Indices (the index provider) and includes domestic companies from the technology sector. It is non-diversified.
|Mar 24, 2020||$0.1304||Mar 31, 2020|
|Dec 23, 2019||$0.2364||Dec 31, 2019|
|Sep 24, 2019||$0.3857||Oct 1, 2019|
|Jun 25, 2019||$0.6008||Jul 2, 2019|
|Mar 19, 2019||$0.4882||Mar 26, 2019|
|Dec 27, 2018||$0.7968||Jan 4, 2019|
Wall Street resumed its quarter-end decline in the face of rising yields. This has resulted in a spike in inverse or inverse leveraged ETFs.
September proved the historical trends to be true as Wall Street logged in the worst month of this year.
The resurgence of growth could spark a move back into big tech, but the latest market moves could also make way for inverse plays with the Direxion Daily Technology Bear 3X ETF (TECS). The Nasdaq 100, d...
The Nasdaq slumped to the correction territory (down 10% from the peak) in just three days, representing its quickest plunge ever from a record close.
Global economies are slowly looking to reopen their doors amid the coronavirus pandemic, which could be fueling investor risk once again. Technology equities have been the toast of the town, but will ri...
According to a recent analysis from MSCI, the U.S. equities could fall another 11% from Mar 3 levels.
The rapidly spreading coronavirus has made investors jittery this week, sending the global market into a tailspin. This has resulted in strong demand for inverse or inverse leveraged ETFs.
Today could be a rough one for Apple (NASDAQ: AAPL). Late Monday, the iPhone maker withdrew guidance for the current quarter, citing issues related to COVID-19, the new coronavirus from China.
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.