Direxion Daily TSLA Bull 2X ETF (TSLL)
TSLL: How Tesla Investors Lose Money Even When the Stock Goes Up
The Direxion Daily TSLA Bull 2X Shares ETF (NASDAQ:TSLL) promises to deliver twice Tesla's daily returns, making it an appealing choice for investors looking to amplify gains in one of the market's most volatile stocks.
Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down – Here’s Why
Direxion Daily TSLA Bull 2X Shares (NASDAQ: TSLL - Get Free Report) shares gapped down before the market opened on Thursday. The stock had previously closed at $12.77, but opened at $11.61. Direxion Daily TSLA Bull 2X Shares shares last traded at $11.87, with a volume of 23,178,723 shares. Direxion Daily TSLA Bull 2X Shares
TSLL Vs. TSLS: Trading TSLA Through The Pricing Cycle
TSLL Vs. TSLS: Trading TSLA Through The Pricing Cycle
TSLL: Less Favorite Active Play With Tesla's Sustained Volatility
Tesla leads AI-driven industrial automation, with rapid advances in autonomous driving, robotics, and manufacturing technology. TSLA's high valuation isn't justified by near-term earnings growth, causing the extreme volatility for its 2x leveraged ETF TSLL. Investing in TSLL will require heavy management overhead for investors to do a very difficult "timing" job, making it not suitable for individual investors.
Elon Musk Reaffirms Commitment to Tesla
Tesla's stock performance might be attracting a heavy dose of criticism when compared to its Magnificent Seven peers. However, CEO Elon Musk reaffirmed his commitment to the electric vehicle (EV) maker.
TSLL Can Help Traders Juice Their Tesla Trading Performance, But Beware The Risks
Direxion Daily TSLA Bull 2X Shares ETF is a leveraged ETF aiming for 2x TSLA's daily return, designed for active traders seeking to amplify their Tesla, Inc. trading performance. My bullish outlook on TSLA, driven by Tesla's autonomous robotics, Robotaxi program, and closed-loop ecosystem, supports a BUY rating for the TSLL ETF. TSLL's daily reset can amplify gains or losses, making it crucial to understand the risks in holding shares beyond a single day.
TSLL: Lucrative, But Most Suitable For Investors With A Large Risk Appetite
Direxion Daily TSLA Bull 2X Shares offers double the daily movement of Tesla, but comes with significant risk due to its leveraged nature. Loss recoupment and volatility are critical factors; negative movements impact TSLL more severely than equivalent positive movements, making it unsuitable for long-term holding. Tesla's recent earnings were underwhelming, but future growth potential lies in autonomous driving, energy storage, AI, and robotics.
TSLL: Get Out Ahead Of Tesla's Q3 Report, Bearish Post-Earnings Trends
I have a sell rating on TSLL due to TSLA's ongoing volatility and poor earnings reactions, making it unsuitable for long-term investment. EV prices have dropped significantly, presenting downside risks for Tesla's Q3 profit report and impacting TSLL's performance. TSLL should be used as a short-term trading vehicle, not a long-term investment, due to the inherent risks of leveraged ETFs.
TSLL: Buy For Aggressive Quadruple Income Play With TSLA Exposures
TSLL is a buy and can be used to build starting position to tap into the revived growth opportunities with TSLA. TSLL is a (2X) leveraged ETF with single underlying TSLA. Its volatility and risks should be hedged by owning TSLS (1X inverse). TSLL can generate good income by selling the covered calls. TSLL and TSLS both offer dividend which is added benefits for shareholders.
TSLL: 8% Yield Looks Good, But This Is For Traders
Direxion Daily TSLA Bull 2X Shares is a leveraged ETF designed to achieve twice the daily return of Tesla's stock but not over long periods. The fund mainly uses total return swaps to achieve this. In spite of its yield, TSLL is not a viable income investment.
Top Performing Leveraged/Inverse ETFs: 04/28/2024
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
TSLL ETF: Leveraging Tesla's Volatility
Direxion Daily TSLA Bull 1.5X Shares ETF is a leveraged fund that aims to provide 1.5 times the daily performance of Tesla, Inc. shares. Trading the leveraged TSLL ETF allows investors to capitalize on Tesla's highly volatile stock price and take advantage of short-term price movements.
Dip buyers flock to Tesla Bull ETF amid stock selloff
Investors piled into a leveraged exchange traded fund that bet on upside in Tesla's shares as the company's stock price sank following a weaker-than-expected earnings report.
TSLL: Tesla Shares Bounce Off Support, A Short-Term Buy
Tesla has been one of the weaker performers on the S&P 500 recently, but a rebound is expected. The Direxion Daily TSLA Bull 1.5X Shares ETF is recommended for a short-term buy, but the risks associated with leveraged ETFs should be considered. Tesla's stock chart shows potential for higher prices in the weeks ahead, but a trading range is more likely than an established uptrend.
5 ETF Trends to Watch in Second-Half 2023
We have highlighted five ETF trends that may influence the market in the rest of the year.
Top Performing Leveraged/Inverse ETFs: 06/11/2023
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.
TSLL: Eyeing Further Tesla Upside Ahead Of July Earnings
Tesla stock has experienced an 11-day rally, increasing by 36% and making CEO Elon Musk the world's richest person again. The Direxion Daily TSLA Bull 1.5X Shares ETF, which seeks 150% of Tesla's daily performance, is considered a short-term tactical investment option due to the risks of leveraged ETFs. Tesla's stock has an upside potential to $310-$315 in my view, with support near $220.
Overlooked Single-Stock ETF Angle Could Attract Investor Interest
Nearly a year ago the ETF industry saw the launch of the first leveraged and inverse single-stock ETFs. The debut of those products was preceded by a significant amount of buzz, but the first closures for that batch of funds are already unfolding.
Tesla's Recent Shareholder Meeting Could Appease Bulls
With a year-to-date gain of just over 60%, Tesla stock keeps rolling higher, and the company's recent shareholder meeting could continue to appease the bulls — if the electric automaker manages to hit its goals.
Leverage Tesla Stock as Insurance Registrations in China Rise
As China's economy continues to bounce back from its re-opening, electric vehicle (EV) sales are on the rise. Tesla, specifically, saw insurance registrations jump recently, leaving open opportunities for bullish traders to capitalize on the EV manufacturer's stock.