Fund BasicsSee More
- Fund Family Direxion Investments
- Assets Under Management 139,306,200
- Shares Outstanding, K 7,600
- 60-Month Beta -0.90
- Price/Earnings ttm 0.00
- Annual Dividend & Yield 0.02
- Most Recent Dividend 0.018
- Management Fee 0.50%
|Period||Period Low||Period High||Performance|
| || |
-0.47 (-2.52%)since 12/18/20
| || |
-2.17 (-10.66%)since 10/19/20
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-5.51 (-23.25%)since 01/17/20
Warren Buffett has a record amount of cash, and he's been publicly cautious about the stock market. In addition, his preferred valuation metric - the Wilshire 5000 to GDP is more overvalued than 2000....
These products could provide some shelter from the crisis and would be in focus in the weeks ahead.
Fed chair Powell sees prolonged economic downturn in the U.S. economy which led to gains in these inverse ETFs.
COVID-19 has led to the historic crash in the U.S. stock market. The bearish trend is likely to continue with some analysts expecting bigger drops.
These ETFs touched a 52-week high on Mar 12 while Wall Street entered a bear market.
These ETFs can be used for short-term trading or hedging
Given the bearish trends, investors could easily tap this opportune moment by going short on the index.
A rise in coronavirus cases outside China has intensified the scare for global markets. These inverse ETFs posted solid gains.
With the flare-up in geopolitical tensions between the United States and Iran, investors can benefit from these inverse ETFs.
Wall Street started December on a dull note. Time to play inverse ETFs?
|3rd Resistance Point||18.36|
|2nd Resistance Point||18.31|
|1st Resistance Point||18.25|
|1st Support Level||18.14|
|2nd Support Level||18.09|
|3rd Support Level||18.03|