Equities surged on Wednesday on mixed trade.  All five major indices posted solid gains.  The advance was led by the small-cap Russell 2000 (NYSEArca:IWM) and the S&P MidCap 400.  The small-cap index tacked on 2.1% while the S&P MidCap 400 climbed by 1.9%.  Although the DJIA Read more…

NYSE:EUO, SOXL, UCO

Stocks ended the session modestly higher on Friday on mixed trade. The small-cap Russell 2000 (NYSE:IWM) led the rally as it gained 0.6% on the day. The Dow Jones Industrial Average Read more…

JJA, SOXL

Stocks pushed moderately higher during the morning session before running out of gas around noon. That was pretty much all she wrote for the day’s gains, as the broad market averages chopped Read more…

IEF, SLV, SOXL, TBT, XLF

The major indices opened Monday’s session with a solid morning gap up, but at 10:00 am the market was met with resistance, and stocks sold off. For most of the day the market “chopped” Read more…

RSX, SOXL, UUP, XLK

The major indices showed split results on Friday, as the higher beta indices rallied, while large caps lagged slightly. Regardless, trading on the day was unimpressive and volume dropped significantly. Read more…

RSX, SOXL

Competition in the semiconductor ETF space has always been fierce, with no fewer than four products (NYSE:SMH), (NYSE:IGW), (NYSE:XSD), (NYSE:PSI) from four different issuers Read more…

IGW, PSI, SMH, SOXL, SOXS, XSD

Each week I publish the week’s hottest ETFs across various sectors and employing various strategies.  For the prior week, we saw the S&P500 (NYSE:SPY) gain 1.4%, while gold bullion Read more…

INP, NYSE:AGQ, NYSE:EDC, PSI, SGG, SOXL

Direxion has filed paperwork with the SEC for 16 new 2X and 3X leveraged ETFs. The filing includes a retail 2X bull and bear, S&P 3X bull and bear, basic materials 3x bull and bear, consumer discretionary 3X bull and bear, consumer staples 3X bull and bear, health care 3x bull and bear, semiconductor Read more…

NYSE:BMSL, NYSE:BMSS, NYSE:CDYL, NYSE:CDYS, NYSE:CSSL, NYSE:CSSS, NYSE:HLCL, NYSE:HLCZ, RTLB, RTLS, SFVL, SFVS, SOXL, SOXS, UTLL, UTLS

Direxion, a pioneer in providing alternative and tactically-oriented investment strategies to sophisticated investors, is pleased to announce the launch of six new Direxion Shares Daily ETFs Read more…

INDL, INDZ, NYSE:BRIL, NYSE:BRIS, SOXL, SOXS

Direxion is set to begin trading the “Direxion Daily Semiconductor Bull 3X Shares” (SOXL) tomorrow March 11th. The Funds described in this Prospectus seek to provide daily leveraged investment results, before fees and expenses, which correspond to Read more…

SOXL