ETF Resumé

FASTicker Symbol

Financial Bull 3X DirexionFund

  • Ahead of Earnings, Investors Pour Into Bank ETFs

    07-13-2015 08:00 AM by Todd Shriber

    This week, at least 21.2% of the Russell 1000 Financial Services Index delivers second-quarter earnings reports. Needless to say, with S&P 500 profits forecast to decline for the first time since 2012, earnings updates from the indexs second-largest sector weight, could go a ...

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  • Investors Bulk up on Bank ETFs, Options

    06-24-2015 11:50 AM by Todd Shriber

    Concerns that the Federal Reserve is close to raising interest rates are no concern at all for investors in financial services exchange traded funds, one of the most prolific asset-gathering corners of the ETF space in recent months. Rising Treasury yields have been a driving ...

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  • BofA Breathes Some Life Into Bank ETFs

    08-06-2014 01:38 PM by Todd Shriber

    Moribund financial services exchange traded funds got some much-needed good news Wednesday when Bank of America (NYSE: BAC) announced the Federal Reserve granted it permission to raise its dividend to common stockholders for the first time in seven years. BofA said it will pay...

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  • Interesting Action in Some Leveraged ETFs

    08-06-2014 10:30 AM by Todd Shriber

    With the S&P 500 down nearly 3% over the past week, it is not surprising that some traders are looking for protection and the potential for out-sized near-term profits with leveraged exchange traded funds. What is surprising, or at the very least interesting, is where the ...

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  • Trouble Could be Brewing for Bank ETFs

    06-17-2014 01:21 PM by Todd Shriber

    The Financial Select Sector SPDR (NYSEArca: XLF), the largest U.S. sector ETF, is up half a percent in the current quarter, but the niceties could end there for XLF and rival bank ETFs. XLF is locked in a dubious tie with the Consumer Discretionary Select Sector SPDR (NYSEArca...

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  • Februarys Not the Month for Bank ETFs

    02-04-2014 12:32 PM by Todd Shriber

    After the tumbles seen for U.S. stocks last Friday and this Monday, just one S&P 500 sector, utilities, can say it is in the green on a year-to-date basis. Perhaps, in the oddest of ways, it can be argued that financial services ETFs, some of last years darlings among sect...

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  • Inverse, Leveraged ETFs See Surge in Assets

    01-21-2014 12:03 PM by Tom Lydon

    Inflows to exchange traded funds were a record $247.3 billion. That marks the second consecutive year inflows topped $200 billion. Smart-beta, or non-cap weighted ETFs, continued to gain statureand assets. Smart beta ETFs contributed a record $65.1bn of inflows in 2013 led by ...

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  • As Rates Rise, Dont Forget This Leveraged ETF

    12-27-2013 11:54 AM by Todd Shriber

    When it comes to leveraged financial services exchange traded funds, there are some familiar names. The UltraShort Financials ProShares (NYSEArca: SKF) and the Direxion Daily Financial Bull 3X Shares (NYSEArca: FAS) are among the products active, risk-tolerant traders are familia...

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  • Direxion Could Add Unleveraged Bank ETF

    12-12-2013 06:30 AM by Tom Lydon

    Direxion, the second-largest issuer of inverse and leveraged exchange traded funds, has filed plans to possibly introduce the Direxion Financial Bull 1X Shares ETF. The Direxion Financial Bull 1X Shares ETF would be the unleveraged version of one of the more popular leveraged ...

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  • Top 10 Leveraged ETFs of 2013

    12-04-2013 07:30 AM by Tom Lydon

    In recent years, inverse and leveraged exchange traded funds have spent ample time in the spotlight . Investors enjoy the idea of potential returns that are two or three times those of plain vanilla ETFs, but leveraged ETFs are not buy-and-hold instruments. Rather, these pr...

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  • Leveraged Bank ETF on the Cusp of a Breakout

    11-14-2013 01:16 PM by Tom Lydon

    Just when it appeared that financial services exchange traded funds , November rolled around and those ETFs found firmer footing. The Financial Select Sector SPDR Fund (NYSEArca: XLF), the largest sector ETF of any type, is up 1.6% since the start of the month while the rival ...

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  • Timing Could be Right for a Big Bet on Bank ETFs

    11-05-2013 11:32 AM by Todd Shriber

    Financial services exchange traded funds have spent ample time in the limelight this year, mostly in positive fashion. However, the Financial Select Sector SPDR (NYSEArca: XLF), the largest sector ETF of any stripe, has lost 0.7% over the past three month, making it the only one ...

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  • A FAZ/FAS Debate

    10-24-2013 01:19 PM by Todd Shriber

    Despite lingering controversy for some of its largest constituents, the financial services sector, the second-largest sector weight in the S&P 500 behind technology, has enjoyed plenty of success this year. The Financial Select Sector SPDR (NYSEArca: XLF), the largest sect...

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  • ETF Chart of the Day: Banks

    03-14-2012 03:20 PM by Paul Weisbruch, Street One Financial

    Bank exchange traded funds are moving higher with some of the sector's top names unveiling share buybacks and dividend hikes. For example, SPDR S&P Regional Banking (NYSEArca: KRE) rallied nearly 4% on Tuesday. In notes to customers we have mentioned the outperformance in ...

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  • ETF Spotlight: Leveraged Exposure to the Financial Sector

    11-04-2011 11:55 AM by Tom Lydon

    ETF spotlight on Direxion Daily Financial Bull 3X Shares (NYSEArca: FAS), part of an ongoing series. Assets: $1.6 billion. Objective: The Financial Bull 3X ETF tries to reflect the 300% daily price performance of the Russell 1000 Financial Services Index, which holds large-...

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  • Financial ETF Rises 3% on Eurozone, Earnings Hopes

    10-12-2011 04:04 PM by Tom Lydon

    Financial exchange traded funds led the market higher Wednesday on speculation European Union leaders will be able to quell the unrest in debt markets. Financial Select Sector SPDR (NYSEArca: XLF) rallied nearly 3%. The sector ETF also climbed above its 50-day simple moving av...

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  • Aggressive Call Buying in Financial ETFs; Bond Fund Outflows

    10-10-2011 08:12 AM by Paul Weisbruch, Street One Financial

    With broad based equity exchange traded funds such as SPDR S&P 500 (NYSEArca: SPY) and iShares Russell 2000 (NYSEArca: IWM) finishing well off the intraday lows touched on Tuesday of last week, we did see some signs of a rotation away from Treasury ETFs and back into equities...

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  • Direxion Announces Reverse Split of Six ETFs

    10-06-2011 07:45 AM by Tom Lydon

    Direxion, an exchange traded fund provider best known for its leveraged and inverse products, will execute a reverse split for six of its ETFs. "The total market value of the shares outstanding will not be affected as a result of this reverse split, except with respect to the ...

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  • ETF Chart of the Day: Financial Sector

    10-05-2011 11:52 AM by Paul Weisbruch, Street One Financial

    Trading volume swelled in Direxion Daily Financial Bull 3X Shares (NYSEArca: FAS) on Tuesday amidst a huge swing in the equity markets going into the closing bell. FAS actually traded as low as $8.43 a share and ultimately closed above $10. Thats approximately a 20% intraday m...

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  • ETF Chart of the Day: Leveraged Financial Sector Funds

    09-08-2011 01:11 PM by Paul Weisbruch, Street One Financial

    Bullish options flow was evident in exchange traded funds indexed to the U.S. financials sector on Wednesday with relevant activity in both SPDR KBW Bank (NYSEArca: KBE) and Financial Select Sector SPDR Fund (NYSEArca: XLF). It is worth noting that the top portfolio holdings o...

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  • Financial ETFs Weak on Citigroup, Bank of America

    05-23-2011 08:21 AM by John Spence

    Financial exchange traded funds were set for a 1% decline Monday in the U.S. as renewed concerns over sovereign debt in Europe roiled markets. Citigroup (NYSE: C) and Bank of America (NYSE: BAC) were both down more than 1% before the opening bell. Financial Select Sector SPDR ...

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  • 7 Regional Bank ETFs Betting on M&A Pickup

    12-30-2010 11:00 AM by Tom Lydon

    Greater mergers and acquisitions activity in the financial sector has been delivering a nice bump for regional banking exchange traded funds (ETFs). The Keefe, Bruyette & Woods Regional Bank Index rose 3% this month on regional banking M&A activity, reports Laurie Kuli...

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  • 6 Reasons to Consider Financial ETFs

    11-14-2010 01:00 PM by Tom Lydon

    The broader market has been performing well in recent months, with the S&P 500 experiencing a nice 11% gain from the beginning of September, but financial stocks and related exchange traded funds (ETFs) have not caught on to the bullish trend. Still, Jeff Reeves for TheStr...

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  • Citi's Profit Leads Financial ETFs Higher

    10-18-2010 08:30 AM by Tom Lydon

    In early morning trading shares of financial stocks appear to be recovering from the slide that began last week based on worries that the mortgage foreclosure debacle might lead to higher cost, lawsuits, congressional inquiries and other problems for lenders. According to the ...

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  • Leveraged ETFs: Useful, But Be Careful

    07-13-2010 02:00 PM by Tom Lydon

    Leveraged exchange traded funds (ETFs) allow investors to achieve outsized returns. Unfortunately, those outsized returns can be in either the positive or negative direction. Thats why its important to understand exactly what a leveraged ETF is and the different options that are ...

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  • ETF Strategies for Financial Reform

    07-02-2010 11:00 AM by Tom Lydon

    Financial reform took one step forward on Wednesday, when the House agreed to pass a new bill that would rewrite the nations financial regulations. The bill still needs to pass through the Senate. But assuming financial regulation does get an overhaul, what can we expect from fin...

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  • Bear ETFs Heating Up in Volatile Markets

    05-24-2010 12:00 PM by Tom Lydon

    The market has been taking investors on a volatile ride. While many have been on a flight to quality toward gold, Treasury bond and Japanese yen exchange traded funds (ETFs), other intrepid investors are taking shelter in bear funds. Bear funds are increasingly popular in the...

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  • Spice Up Your Portfolio With Leveraged ETFs

    05-01-2010 01:00 PM by Tom Lydon

    Leverage is a risky strategy you can use to amp up your returns. If you have the stomach and resources to invest with leverage, then you may want to look at leveraged exchange traded funds (ETFs), which offer the benefits of leverage without having to actually leverage your money...

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  • How Leveraged ETFs Can Add Oomph to Tepid Sectors

    04-07-2010 12:00 PM by Tom Lydon

    The markets and exchange traded funds (ETFs) have plowed through with large gains since last year, but the real estate and financial sectors have been lagging. If you're not shy about risk, leveraged ETFs focused on those sectors have been adding oomph. Among the top-performin...

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  • How ETF Trading Volume Shines a Light on Trends

    08-21-2009 06:00 AM by Tom Lydon

    Exchange traded funds (ETFs) are a useful tool for investing and investors agree. Over the past couple of years trading volumes in the various ETFs have shot up. Let's take a look at which ETFs investors crave the most. ETF trading volume jumped from $142 billion in 2004 to $3...

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  • What Lies Next for Leveraged ETFs

    05-18-2009 02:00 PM by Tom Lydon

    In the world of leveraged exchange traded funds (ETFs) it appears that triple the exposure will be the limit. As more and more investors flock to leveraged ETFs because of their ability to enable one to earn bigger and bigger gains, ETF providers have said that they will not ...

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  • How Compounding Impacts Leveraged and Short ETFs

    04-17-2009 06:00 AM by Tom Lydon

    Over the past few weeks, the financial sector has made a run, but the levered versions of this sector and its exchange traded funds (ETFs) have truly defined the affects of compounding. Since March 9, the Russell 1000 Financial Services Index has gained nearly 62% on positive...

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  • Midday Market Update: Stocks, ETFs Rally On Citigroup News

    03-10-2009 10:00 AM by Tom Lydon

    Federal Reserve Chairman Ben Bernanke announced a new rule book will be written for the financial world, in an effort to keep this financial crisis from repeating itself, and to protect markets and exchange traded funds (ETF) in the long run. "We must have a strategy that reg...

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  • 6 New Ways to Triple Your Exposure With ETFs

    12-18-2008 01:00 PM by Tom Lydon

    Direxion Shares exchange traded funds (ETFs) area new toolofferingforward thinking investorsinnovative options and market exposure, and they've just expanded their family a little more. The first-of-its-kind ETF provider has added six more funds to its family, and they now offer...

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  • Triple Leverage ETFs Maximize Market Directions

    11-05-2008 06:00 AM by Tom Lydon

    If you need or want more leverage in your exchange traded funds (ETFs), today you're going to have the choice. Direxion has launched eight ETFs that are leveraged bull and bear funds designed to seek 300% of the daily performance, or 300% of the inverse of the daily performanc...

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