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Michael Johnston: Direxion, one of the largest issuers of leveraged exchange-traded funds, will make significant changes to ten of its products next week. The Direxion ETFs currently offering 2x and -2x exposure to their underlying index Read more…
INDL, INDZ, NUGT, NYSE:BRIL, NYSE:BRIS, NYSE:DUST, NYSE:GASL, NYSE:GASX
The Board of Trustees of the Direxion Shares ETF Trust has approved changes to the names, investment strategies and investment objectives of 10 leveraged funds, based on the recommendation of the funds’ advisor, Rafferty Asset Management, LLC. Each fund’s investment objective Read more…
Jared Cummans: Natural gas is one of the more volatile commodities which allows for investors to bring home serious gains, but also serious losses. It has become a trading favorite thanks to its violent price swings and its paradoxical habit of being consistently inconsistent. With weekly supply reports from Read more…
Direxion has filed paperwork to change the ticker symbols for two of their Natural Gas ETFs. The funds affected are the Direxion Daily Natural Gas Related Bull 2X Shares ETF (NYSE:FCGL), and the Direxion Daily Natural Gas Related Bear 2X Shares (NYSE:FCGS). The fund names and CUSIPs Read more…
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