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☆ A former Bridgewater executive shares his 2 highest-conviction trades right now — and breaks down why the US labor market remains exceptionally strong despite apparent signs of weakness
▼ + stars: | 2024-05-15 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Another common worry among investors is the risk that elevated interest rates pose to the labor market and overall economy. AdvertisementThat difference is that prior cycles have been driven by lending, Elliott said. Lending growth fueled economic expansions and drops in lending led to economic contractions. He said it can act as a hedge against the Fed cutting rates too early with the economy still strong. AdvertisementInvestors can gain exposure to gold through funds like the SPDR Gold Shares (GLD) and the iShares Gold Trust (IAU).

Persons: St, Louis, Bob Elliott, Elliott, Louis Fed, It's Organizations: Service, Unlimited Funds, Bridgewater Associates, Federal Reserve, Treasury, Trust

☆ There's now a juiced-up way to get 4 times the return of the S&P 500 — but it comes with many risks
▼ + stars: | 2023-12-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 17, 2023. And should they, given the many risks that come with such a fast-paced strategy? Bank of Montreal launched the Max SPX 500 4x leveraged ETNs, which will be the highest leveraged exchange traded product in the U.S., according to CFRA. The notes are based on the S&P 500 Total Return Index and will trade under the ticker "XXXX" beginning on Tuesday. Investors have shown a preference for the higher leveraged funds, like the popular Direxion Daily Semiconductor Bull 3x Shares (SOXL) ETF .

Persons: Max, iShares —, Aniket Ullal Organizations: New York Stock Exchange, Bank of Montreal, Nvidia, SEC, Investors, Daily Semiconductor Locations: New York City, U.S

☆ Trading in Nvidia ETFs shows traders preparing for upbeat earnings
▼ + stars: | 2023-11-21 | by ( Suzanne Mcgee | ) www.reuters.com time to read: +4 min

In August, Nvidia stock soared to all-time highs after the company reported quarterly results. Tuesday's trading in the T-Rex NVDX reflects underlying optimism that Nvidia will deliver another blockbuster earnings report after the market close. Although its price has fallen, reflecting the decline in Nvidia's shares, trading volume has soared to 86 million shares, compared with an average of 26 million. On Wednesday morning, traders will be trading the ETFs based not on the immediate response to the earnings but on Wednesday's activity. "We've seen a 400% jump in average daily trading volume on the day ahead of and following Nvidia's earnings releases," he added.

Persons: Dado Ruvic, it's, Scott Acheychek, Rex NVDX, Direxion, Ed Egilinsky, NVDU, Egilinsky, Greg Bassuk, Suzanne McGee, Matthew Lewis Organizations: NVIDIA, REUTERS, Nvidia, Rex, NVIDIA Daily Target ETF, AXS Investments, Thomson Locations: New York, Providence , Rhode

The Direxion Daily TSLA Bull 1.5X Shares ETF (TSLL.O), the largest single-stock ETF for bullish bets on Tesla's shares, saw net daily inflows of $24.9 million on Thursday, according to Lipper data. Tesla's shares are up 72.3% this year. Tesla was also the most-bought stock among retail traders on Thursday, with net buys of $159.5 million, according to data from Vanda Research. On the other side, two ETFs bearish on Tesla, the $58 million Direxion Daily TSLA Bear 1X Shares ETF (TSLS.O) and the $109.6 million AXS TSLA Bear Daily ETF (TSLQ.O), saw net outflows of over $1 million each. Rex Shares and Tuttle Capital Management launched a suite of hyper-levered single-stock exposure funds on Thursday, including the T-REX 2X Long Tesla Daily Target ETF (TSLT.O), the T-REX 2X Inverse Tesla Daily Target ETF (TSLZ.O).

Persons: Elon Musk, Tesla, Todd Sohn, Rex Shares, Bansari Mayur, Ira Iosebashvili, Leslie Adler Organizations: REUTERS, Strategas Securities, Vanda Research, Tuttle Capital Management, Tesla, Target, Thomson Locations: Oslo, Norway, Victoria, Bengaluru

☆ These leveraged short funds are soaring as stocks and bonds sell off. Here's how they work
▼ + stars: | 2023-10-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

The list of top-performing exchange-traded funds since Sept. 19 — the day before the Federal Reserve released new projections that showed fewer rate cuts in 2024 — is dominated by leveraged and leveraged inverse products. The performance and increased interest shows that the inverse funds are doing their jobs, but there are important caveats for investors to know. The universe of inverse and leveraged inverse funds has grown widely, including sector-specific funds and even some single-stock products. Of course, the leveraged inverse funds can suffer massive losses if the market rebounds. Ullal also pointed out that some inverse products are technically exchange traded notes, not ETFs, which can introduce some credit risk in a trade.

Persons: Mohit Bajaj, Direxion's TMV, Bajaj, Aniket Ullal, Ullal Organizations: Federal Reserve, Bloomberg, Oil ETF, SCO, Nasdaq, Treasury, Treasury Bond ETF, U.S . Securities, Exchange, Bajaj, CFRA Research

Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 4 (Reuters) - Exchange-traded funds tracking automakers saw net outflows last month on worries over the United Auto Workers' (UAW) strike against the "Detroit Three" and higher interest rates. Production at General Motors (GM.N), Ford (F.N) and Chrysler parent Stellantis (STLAM.MI) have taken a beating as the UAW strike headed into the 20th day. "The redemption of ~20% of the (First Trust) ETF's net assets in mid-September could have been related to the UAW strike, although it's tough to say with certainty." The $1.02 billion Direxion Daily TSLA Bull 1.5X Shares ETF (TSLL.O) saw its first month of outflows in four.

Persons: Rebecca Cook, Bryan Armour, that's, Todd Sohn, Bansari Mayur, Anil D'Silva Organizations: United Auto Workers, UAW, General Motors Lansing Delta Plant, Michigan U.S, REUTERS, Exchange, United Auto Workers ', General Motors, Ford, Chrysler, Nasdaq Transportation, North America, Morningstar, JPMorgan, GM, X Autonomous & Electric Vehicles, Trust, Global, Strategas Securities, Thomson Locations: Delta Township, Michigan, Bengaluru

☆ Direxion rolls out Nvidia-focused ETFs for bulls and bears
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +2 min

The Direxion Daily NVDA Bull 1.5x Shares ETF (NVDU.O) seeks to deliver 1.5 times the price return of daily moves in Nvidia’s shares, which have more than tripled year-to-date. Meanwhile, the Direxion Daily NVDD Bear 1x Shares ETF allows bearish investors to profit when Nvidia’s shares decline. Single-stock ETFs made their debut in 2022, but only a handful of products have since been introduced by five firms, including Direxion. Because of their increased exposure, investors’ losses in leveraged exchange traded products can be staggering, analysts said. Only four leveraged single-stock ETFs currently have more than $50 million, according to Morningstar.

Persons: Robert Galbraith, “, ”, Bryan Armour, GraniteShares, Direxion, Edward Egilinsky, ” Direxion, Suzanne McGee, Ira Iosebashvili, David Gregorio Our Organizations: Nvidia, REUTERS, Nvidia Corp, Morningstar Inc, Morningstar, Thomson Locations: Santa Clara , California, Nvidia’s

As a result, investing in equal-weighted ETFs that provide a more diversified approach and offer exposure to old economy-linked sectors such as energy and manufacturing are coming back in favor as investors look to broaden their exposure beyond Big Tech. Laura Cooper of BlackRock said the company's "highest conviction call" in the United States is the S&P 500 equal-weight. The $42-billion Invesco S&P 500 equal-weighted ETF , which mirrors the performance of the S&P 500 equal-weight index (.SPXEW), saw inflows of $8.80 billion from the beginning of June through Aug. 25, according to Refinitiv Lipper data. In comparison, the much larger $402-billion SPDR S&P 500 ETF Trust , which tracks moves in the market cap weighted S&P 500 (.SPX), bled $10.88 billion during the same period. Invesco S&P 500 equal-weighted ETF drew $4.85 billion inflows in June, the most since the fund was launched in 2003, followed by $3.53 billion in July, the second highest on record.

Persons: Brendan McDermid, Laura Cooper, BlackRock, Cooper, Dan Boardman, Jake Dollarhide, BlackRock's Cooper, Sruthi Shankar, Medha Singh, Sweta Singh, Shounak Organizations: New York Stock Exchange, REUTERS, U.S . Federal, Big Tech, iShares EMEA, BlackRock, Trust, BRI Wealth Management, Apple, Microsoft, Nvidia, Google, Facebook, Meta, Nasdaq, Longbow Asset Management Company, Thomson Locations: New York City, U.S, United States, Weston, Bengaluru

☆ Nvidia's blowout earnings report is boosting this single-stock ETF
▼ + stars: | 2023-08-24 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

A blowout earnings report for Nvidia is rewarding the chipmaker's shareholders once again and delivering even bigger returns for traders who use a red-hot leveraged ETF. And the GraniteShares 1.5x Long NVDA Daily ETF (NVDL) jumped 3.5%, continuing a banner year for the single-stock ETF. NVDL 1D mountain The GraniteShares NVDL ETF has soared this year as the excitement around artificial intelligence has boosted Nvidia's stock. GraniteShares launched four more funds in the single-stock category this week, including the 1.5x Short NVDA Daily ETF (NVD) and the 1.5x Short TSLA Daily ETF (TSDD). Single-stock funds also tend to have higher expense ratios than broader funds that are not leveraged.

Persons: Will Rhind, Rhind, GraniteShares, NVDL Organizations: Nvidia, Securities and Exchange Commission, Daily Semiconductor Locations: U.S

☆ Traders are betting on a short-term reversal for chip stocks, ETF flows show
▼ + stars: | 2023-06-02 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS) was one of the top 10 ETFs for inflows over the past week, pulling in more than $400 million, according to FactSet. Meanwhile, more than $500 million were pulled out of the Direxion's Daily Semiconductor Bull 3x Shares ETF (SOXL) , the fourth-most outflows over the past week. As a result, their flows can reverse quickly and are not necessarily a good measure of long-term outlook for chip stocks. The VanEck Semiconductor ETF (SMH) , which would be better suited to long-term investors, saw inflows of less than $40 million this week, a slowdown from prior weeks. Here are the top five ETFs by inflows over the past week.

Persons: Aswath Damodaran, Russell Organizations: A.I, Nvidia, Philadelphia Semiconductor, NYU, CNBC, Daily Semiconductor, VanEck Semiconductor, Bond

☆ These ETFs could see big moves higher if U.S. lawmakers overcome this latest obstacle and reach a debt ceiling deal
▼ + stars: | 2023-05-19 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

The Direxion Daily Financial Bull 3x Shares (FAS) includes a wide range of banking stocks, including Berkshire Hathaway Class B Shares , Bank of America and J PMorgan Chase . FAS YTD mountain Direxion Daily Financial Bull 3x Shares. In chips, the Direxion Daily Semiconductor Bull 3x Shares (SOXL) includes behemoths like Nvidia , Broadcom and Qualcomm . SOXL YTD mountain The Direxion Daily Semiconductor Bull 3x Shares ETF. Some of the standouts in the ProShares UltraPro S & P 500 ETF (UPRO) are Walmart , Wells Fargo and Yum!

☆ A 29-year-old stock trader who returned 132% in 2022 and remained profitable for 4 straight years shares his top 6 tips for profiting no matter what the market conditions are
▼ + stars: | 2023-02-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

He'll also set a sell-stop order once a stock's price reaches his breakeven price to reduce risk. It was an impressive run considering the stock market had its worst year since 2008. "If you think this company is going to come out with a great earnings report while the stock price is slipping, you might be encouraged to hold on a little longer. 6 takeaway tips from Ryan's approach to tradingLearning how to lose is probably the most important trading tip, Ryan said. If a stock's price is plunging rapidly, the order may not get filled in time.

A leveraged ETF acts as a multiplier for the performance of the fund's underlying index. Morrison said she believes that both retail and institutional investors use Direxion's leveraged funds, though the majority of the users are probably retail. The leveraged funds are viewed with skepticism by some regulators and financial advisors. The leveraged funds are based on single-day derivatives, and holding them for a longer period time means could result in the performance diverging from the label. "If you don't trade them daily, you need to make a decision daily," Morrison said.

☆ CNBC Pro Exclusive: Making amplified bets on the stock market, semiconductors and Tesla
▼ + stars: | 2023-02-07 | by ( Alison Conklin | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Exclusive: Making amplified bets on the stock market, semiconductors and TeslaCNBC's Bob Pisani sat down at the Exchange ETF conference in Miami Beach with Laura Morrison, chief revenue officer at Direxion, to discuss the complex world of leveraged and inverse ETFs, which allow investors to make amplified bets on or against widely held individual stocks and broader S&P 500 sectors alike.

☆ Here are the big trends to watch at the Exchange ETF conference this week
▼ + stars: | 2023-02-06 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

I'm at the ETF Exchange Conference in Miami Beach, where 2,000 registered investment advisors and ETF providers have descended on the city for the industry's largest gathering. Think active, dividend, foreign debt and alternative income ETFs," Tom Lydon, of VettaFi, the conference sponsor, told me. "I believe fixed income ETFs are setup to have a historic year," Nate Geraci from the ETF Store said in January. This year, they're back, but despite the surge in thematic ETF performance to start the year, investors have yet to throw significant sums of money into the game. "Despite the surge in thematic ETF performance to start the year, investors are yet to start allocating again.

☆ Brewing EV Pricing War Could Be Great for Car-Buyers
▼ + stars: | 2023-02-01 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

A pricing battle could accelerate EV adoption, but automakers will have to sacrifice profits. Today's pricing war (coupled with new federal EV tax credits) could boost demand, helping automakers to boost volume, further helping with cost. The problem lies in profitabilityBut Tesla and Ford's price cuts mean they'll deprioritize profitability for the time being, and that worries industry analysts. "The current EV price cuts appear to defy logic… This will make the unprofitable low-return EV business that much more challenging until massive scale is achieved." "We view the price war as being good for consumers and it should help with overall EV sales and adoption," Nelson said.

☆ Three stocks this week will give us a better idea about the overall earnings outlook
▼ + stars: | 2022-12-20 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

While none of these have been a disaster, only one company — Autozone — has seen first quarter estimates rise after its report, according to Nick Raich at The Earnings Scout. And that is the problem: Earnings estimates have been trending down for weeks. Like all multinational retailers, analysts began slashing Nike's second half 2022 earnings estimates and 2023 estimates this summer. Single-stock ETFs Nike's earnings out after the bell today will focus some attention on a curious phenomenon from 2022: single stock ETFs. Like most of the other single stock ETFs, this has failed to attract any significant assets.

☆ Earnings season is the first big test for single-stock ETFs after a slow start in the U.S.
▼ + stars: | 2022-10-28 | by ( Jesse Pound | ) www.cnbc.com time to read: +5 min

The nascent single-stock ETFs have reached a key period to prove their worth after a slow start for the group in the United States. I know we're in the first inning here, but it has not been a very good start for single-stock ETFs," Aniket said. However, the issuers of the funds — AXS, Direxion and GraniteShares, so far — have stressed that trading volume is a key test for these short-term focused funds. But if investors don't follow the daily trading prescribed for the funds, performance can suffer. What comes next Single-stock funds are already well established in Europe.

☆ Major tech ETFs saw big inflows this week as investors look to buy the dip from rough earnings
▼ + stars: | 2022-10-28 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

Disappointing earnings reports from some major tech stocks have caused large one-day declines this week, but investors in exchange-traded funds are still embracing the space as a whole. According to FactSet, the four biggest tech and consumer discretionary ETFs by assets have all seen positive inflows over the past week. Cumulatively, the 10 largest long-only funds have pulled in a net positive inflow of about $1.6 billion over the past week. The cash has rolled in despite big earnings misses, with Facebook parent Meta delivering arguably the ugliest performance. The iShares Semiconductor ETF (SOXX) has seen outflows of more than $66 million over the past week.

☆ These ETFs could help protect your portfolio as the Fed pushes rates higher
▼ + stars: | 2022-09-21 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

One option could be inverse Treasury ETFs, which should rise along with rates. For example, the ProShares Short 20+ Year Treasury ETF (TBF) has gained more than 30% this year. Other major floating rate funds include the Invesco Senior Loan ETF (BKLN) and SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) . Another fund that has had success this year is FolioBeyond's Rising Rates ETF (RISR) . This smaller fund invests in Treasury bonds and interest-only mortgage-backed securities, which can benefit from rising rates as mortgage refinancings decline.

☆ Direxion's Dave Mazza delivers insights behind single-stock ETFs
▼ + stars: | 2022-09-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDirexion's Dave Mazza delivers insights behind single-stock ETFsDave Mazza, Direxion head of product, joins the 'Halftime Report' to discuss single-stock ETFs, who is investing in the product and what they're doing with them.

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