Direxion Daily S&P 500 Bear 1X ETF (SPDN)
Direxion Daily S&P 500 Bear 1x Shares $SPDN Shares Bought by Axxcess Wealth Management LLC
Axxcess Wealth Management LLC increased its stake in Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN) by 86.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 195,605 shares of the company's stock after acquiring an additional 90,925 shares during the quarter.
Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN) Short Interest Up 401.6% in December
Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN - Get Free Report) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 1,722,639 shares, a growth of 401.6% from the November 30th total of 343,396 shares. Approximately 13.6% of the shares
Betting Against The Market With The SPDN ETF
The SPDN ETF offers a way to bet against the market, moving inversely to the S&P 500, but it's not for long-term holding. Market's muted response to rate cuts suggests they're already priced in; high S&P 500 P/E ratio supports this sentiment. Weak economic data, potential oil price spikes, and slowing consumer demand could negatively impact market valuations and company earnings.
Direxion's Inverse ETF SPDN Allows Investors To Profit From Market Carnage
Wall Street is on the verge of inking a conspicuous downcycle for the week, with the major indices flashing red in late-afternoon trading on Friday. The benchmark S&P 500 is down about 0.7% against Thursday's close, and is about to book a loss of more than 2% for the business week ending July 19.
Inverse ETFs to Play Now on Middle East Tension & Rising Rates?
Wall Street wavered this week on high inflation data which lowered chances of an imminent Fed rate cut. Plus, geopolitical tension in Middle East has weighed on stocks.
SPDN: Growing Corporate Leverage With Rate Hikes Is A Concern
The Direxion Daily S&P 500 Bear 1X Shares ETF takes a bearish bet against the market, providing short-term speculation opportunities. The ETF has low expense ratios and allows access to shorting at pretty low fees compared to the fees associated with shorting directly. The value erosion risk and daily resetting quirk make SPDN unsuitable for long-term investing, but upcoming inflation data could make it interesting for speculation.
Flexible Plan's Wagner Uses Leveraged, Inverse ETFs Tactically
Jerry Wagner is president, founder and chief investment officer of Flexible Plan, a turnkey asset management program (TAMP) with more than $1.5 billion invested in its separately managed accounts.
A More Hawkish Fed Could Mean More Volatility Ahead
The anticipation of more rate hikes by the U.S. Federal Reserve could spur more volatility ahead, which makes for trading opportunities in the S&P 500 — notably, the Direxion Daily S&P 500 Bear 1X Shares (SPDN).
SPDN: Time To Profit From The Latest Failed S&P 500 Rally
SPDN: Time To Profit From The Latest Failed S&P 500 Rally.
SPDN: Either Short The Market Or Hedge Your Portfolio Of Bonds And Gold
Except for the higher probability of a recession occurring this year, market conditions are more or less the same as in 2022, when Direxion Daily S&P 500 Bear 1x Shares ETF delivered gains of nearly 18%. Thus, this ETF becomes attractive in 2023 for shorting the S&P 500 Index.
SPDN: An Inexpensive Way To Profit When The S&P 500 Falls
SPDN is not the largest or oldest way to short the S&P 500, but it's a solid choice. This ETF uses a variety of financial instruments to target a return opposite that of the S&P 500 Index.
Tactical Trading: How To Play The Field When The Markets Zig-Zag
We have experienced a tumultuous year, but heightened market volatility also creates opportunities for savvy traders to aim to capitalize on market gains or pains. As markets continue to oscillate, traders can turn to leveraged and inverse strategies in tactical ways to help manage their risks.
S&P 500 to Drop Further: Go Short With These ETFs
The S&P 500 falls deeper into correction territory and Nasdaq 100 approaching the first bear market in nearly two years.
2 Bearish ETFs to Play Downside in S&P 500 and China A-Shares
Getting tactical allocation with inverse exchange-traded funds (ETFs) doesn't mean traders need to take on double or even triple the leverage. Direxion Investments has a pair of funds with single inverse leverage in the S&P 500 and China A-Shares.
Taking On Volatility With Geared ETFs
Direxion's Dave Mazza is seeing many traders using inverse and leveraged ETFs in the recent market movement.
Up, Down, or Sideways: How to Bet on the S&P 500
As inflation fears continue to keep the major indices at bay, traders can play the volatility with funds like the Direxion Daily S&P 500 Bear 1X Shares (SPDN). A vaccine rollout and stimulus dollars are helping to boost an economic recovery.
Inverse ETFs Climb as Stocks Decline in Afternoon Trading
After a strong performance to start the session Monday, stocks and index ETFs tumbled into the close, leaving on the Dow Jones Industrial Average positive on the day. Inverse ETFs shined.
Are Markets Overbought? Consider this Sector, Says Expert
While stocks and index ETFs are rallying today amid the inauguration of President Joe Biden and strong corporate earnings, at least one financial pundit feels the future is more uncertain. Billionaire investor Leon Cooperman told CNBC on Wednesday that he envisions a more challenging environment for stocks and index ETFs in the years ahead, after the market's [.