The Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and shutter nine exchange-traded funds (“Funds”) based on the recommendation of Rafferty Asset Management, LLC, the Trust’s advisor. Read more…

NYSE:BRIL, NYSE:COWL, NYSE:COWS, NYSE:MATS, NYSE:SICK

It’s been a tumultuous few weeks with everything from continued drama in the Middle East to further contagion in the Euro zone and capping it off with Hurricane Irene.  There was a 2008 moment when shares of Bank of America (NYSE:BAC) continued to crater on fears of a run on the Read more…

NYSE:CORN, NYSE:COWL, NYSE:FAS, NYSE:TYH, NYSE:XLF, QQQ

Direxion, a pioneer in providing alternative investment strategies to sophisticated investors, is pleased to announce the launch of four new Direxion Shares ETFs to its existing lineup of multi Read more…

NYSE:COWL, NYSE:COWS, NYSE:RUSL, NYSE:RUSS

Direxion will begin trading its new “Direxion Daily Agribusiness Bull 3x Shares ETF” (NYSE:COWL) Wednesday, May 25, 2011. The Fund seeks daily investment results, before fees and expenses, of 300% of the price performance of the Read more…

FUND LAUNCH, NYSE:COWL