Direxion Daily Technology Bear 3X ETF (TECS)
TECS: Maybe It's Time To Be Bear On Tech
Understanding the construction of financial instruments is crucial to evaluating their effectiveness and suitability for investment goals. TECS is an open-ended, leveraged ETF designed to provide 3x inverse exposure to the Technology Select Sector Index using liquid instruments like cash and swaps. Liquidity risks common to open-ended funds are mitigated in TECS due to its use of highly liquid underlying assets, unlike some other ETFs.
Tech Choppiness, Corrections Create Inverse Opportunities
Any sliver of news that feeds into the higher-for-longer interest rates narrative will be an unwelcome guest for tech bulls. For traders looking to feed off bearishness, it's an opportunity to take advantage of inverse exchange traded funds (ETFs).
6 Best Inverse/Leveraged ETFs of Last Week
Last week, Wall Street snapped its nine-week win streak, marking the end of their longest consecutive weekly run in the green since 2004.
Tech Stocks' Crossroads: Trading Temptation and Trepidation
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
TECS: There Are Reasons To Be Bearish
TECS is a leveraged ETF that takes a bear position against technology stocks which drive US indices. Leveraged ETFs like TECS can experience value erosion and are best used over short durations. There are reasons to consider a bear bet against tech indices, including inflation concerns and the outperformance of the stock market compared to the bond market.
Inverse ETFs Soar as Market Turns Sour
Wall Street has been caught in feeble trading in the past week, triggered by the U.S. credit rating downgrade and now bank downgrades. This has resulted in huge demand for inverse or inverse-leveraged ETFs.
AI Adoption Continues to Power Gains for Big Tech
Software giant Microsoft continues to provide more fuel to propel the big tech rally as the company beat analysts' expectations. One of the catalysts for big tech will be the adoption of artificial intelligence (AI).
Does an “Elusive Soft Landing” Spell Opportunity for Inverse ETFs?
Stubborn inflation continues to rack the capital markets and the soft landing that the U.S. Federal Reserve was hoping for in 2023 could prove to be more elusive than originally anticipated, according to economists at Mizuho Securities. The major stock market indexes have been rallying for much of 2023.
TECS: Bond/Equity Disconnect Widening, With Tech Overpriced
The Direxion Technology Bear 3x Shares is an ETF falling in the leveraged funds category. The vehicle seeks daily investment results 300% of the inverse performance of the Technology Select Sector Index.
Big Tech is Cutting Costs, But Will it Be Enough?
It might take more than cost-cutting measures like layoffs to convince investors that big tech is doing what it can in order to stave off another 2022 performance. That said, bearish traders could be lying in wait to pounce if big tech can't get its act together in 2023.
Keep These 2 ETFs Handy as Investors Await Big Tech Earnings
Tech's biggest names will be releasing their earnings reports, and that will certainly sway the markets one direction or the other. It's a vital earnings report not only due to big tech's effect on the broad market; it could also set the tone for the new year.
Tech's Recovery Could Take Time: 2 ETFs to Consider
The Nasdaq 100 finished 2022 down 32%, and bullish tech traders are hoping that 2023 brings a turnaround, but like all good things, it could take time. That said, there are always opportunities to play the upside and downside with leveraged exchange traded funds (ETFs) in Direxion Investments' arsenal of tactical funds.
Top Performing Leveraged/Inverse ETFs: 11/06/2022
Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Continued Tech Weakness Sets the Stage for These ETFs
Save for a late holiday rally, big tech will most likely end the year with a forgettable 2022. High inflation and now a looming recession could feed into further weakness, which sets the stage for inverse exchange traded funds (ETFs).
TECS: Moving From Buy To Hold After A 56% Gain
The Direxion Technology Bear 3x Shares is a leveraged ETF. The vehicle seeks daily investment results 300% of the inverse performance of the Technology Select Sector Index.
Best Inverse/Leveraged ETFs of Last Week
Wall Street was downbeat last week on rising rate worries and FedEx'
Best Inverse/Leveraged ETFs of Last Week
Wall Street was downbeat last week with the S&P 500, the Dow Jones, the Nasdaq Composite and the Russell 2000 losing in the range of 3% to 4%, respectively.
TECS: How To Make A Profit This August If Tech Buckles
The Direxion Technology Bear 3x Shares is an ETF falling in the leveraged funds category. The vehicle seeks daily investment results 300% of the inverse performance of the Technology Select Sector Index.
Alternative ETFs to Hedge Against Further Risk in the Growth, Tech Segment
Technology stocks are in the midst of one of their worst declines in over a decade, and some warn that things could get worse before turning for the better. Anxious investors who are wary of another beating in the growth segment can turn to inverse or bearish exchange traded funds to hedge against further risks.
2 Options to Consider if Bond Yields Hit Tech Stocks
On the surface, rising yields and technology may not appear like they correlate, but when one goes up, the other could subsequently fall. This gives traders options when it comes to inverse plays.