The Risk of Bad Breadth: Will the Seven Remain Magnificent?

Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla have captured the imagination of the markets. These magnificent seven companies currently have a market cap north of $12 trillion. But what are the dangers of overconcentration? How do you make sense of the ballooning valuations and FOMO-driven attraction to these stocks. As AI prepares to supercharge the tech space, investors who make savvy decisions will attempt to end up on top. Join the experts at Direxion on March 28th at 2pm ET for a free webcast exploring the opportunities and risks in the magnificent seven.

March 28, 2024
11am PT | 2pm ET
1 CE Credit
Already Registered? Click here »


Topics will include:

  • Attempt to manage your exposure to the magnificent seven.
  • Long- and Short-Term Plays to gain exposure to the Generative AI Wave.
  • Tactical Trading Strategies to Seek to Manage Risk and Capitalize on Trends.

Accepted for one hour of CFP/IWI/The American College Board CE credit for live and on-demand attendees.

CFA Institute members are encouraged to self-document their continuing professional development activities in their online CE tracker.


Edward Egilinsky

Managing Director, Head of Sales and Distribution, Head of Alternative Investments

Shawn Edwards

Vice President of Institutional ETF Sales

Tom Lydon

Vice Chairman

By registering, you are certifying that you are a financial professional and agree to share your data with VettaFi and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to VettaFi's Privacy Policy. You can unsubscribe at any time.

Important Disclosures

An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866-476-7523 or visit our website at direxion.com. A Fund’s prospectus and summary prospectus should be read carefully before investing.

Investing in the funds involves a high degree of risk. Unlike traditional ETFs, or even other leveraged and/or inverse ETFs, these leveraged and/or inverse single-stock ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. Leveraged and inverse ETFs pursue daily leveraged investment objectives, which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying stock’s performance over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments. The Funds will lose money if the underlying stock’s performance is flat, and it is possible that the Bull Fund will lose money even if the underlying stock’s performance increases, and the Bear Fund will lose money even if the underlying stock’s performance decreases, over a period longer than a single day. An investor could lose the full principal value of his or her investment in a single day. Investing in the Funds is not the same as investing directly in AAPL, AMZN, GOOGL, MSFT, NVDA, and TSLA.

Direxion Shares ETF Risks – An investment in the ETFs involves risk, including the possible loss of principal. The ETFs are non-diversified and include risks associated with concentration that results from an ETF’s investments in a particular industry, sector or company, which can increase volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. The ETFs do not attempt to, and should not be expected to, provide returns which are a multiple of its respective underlying security for periods other than a single day. For other risks including leverage, correlation, daily compounding, market volatility and risks specific to an industry, sector or company, please read the prospectus.

Distributor: Foreside Fund Services, LLC.