DIREXION DAILY FINANCIAL BEAR 3X SHARES ETF News

Citigroup (NYSE:C) CEO Mike Corbat says banks walk a "fine line" between supporting customers through the Covid-19 crisis and loading them with loans they won't be able to pay.Corbat and Bank

Five federal financial regulators urge banks, savings associations, and credit unions to offer responsible small-dollar loans to consumers and small businesses in response to Covid-19.The Federal Rese

Members of my service were alerted on Feb. 24th of a negative Momentum Gauge signal that once again forecasted the correction ahead of another major downturn. T

House Democrats introduced a broad-based $2.5T plan to mitigate economic damage from the coronavirus pandemic as efforts to pass a bill in the Senate hit more obstacles on Monday.Under the plan, lende

Forgetting energy, the financials (XLF -8.9%) got hit harder than any sector today after the Fed more or less pledged to buy nearly any piece of paper out there with freshly minted dollars.While at f

Among the new ammo the Federal Reserve announced this morning is the return of a financial crisis-era tool, term asset-backed securities loan facility (TALF).The TALF will serve as a funding b

Two sample Breakout Stocks for Week 13 with better than 10% short-term upside potential. The MDA Breakout portfolio is up +14.16% YTD compared to the S&P 500 -2

Gainers: VS 2X VIX Short Term (NASDAQ:TVIX) +81.1%.Real Estate Bear 3X Direxion (NYSEARCA:DRV) +78.9%.Financial Bear 3X Direxion (NYSEARCA:FAZ) +60.6%.Ultra VIX Short-Term Fut Proshares (NYSEARCA:

The New York Fed will conduct additional overnight repurchase agreement (repo) operations each afternoon for the rest of the current monthly operational schedule, bringing each day's offered amount to

The Federal Reserve may roll out another round of liquidity tools next week to bolster markets, beyond the ones they're already using, writes NatWest Markets strategist Blake Gwinn in a note.via Bloom

The Fed's "frantic asset purchase pace" could push bank reserves toward the $3T levels, Barclays strategist Joseph Abate wrote in a note.via Bloomberg.Still, he acknowledges it's hard to proje

Lenders and credit-reporting firms are trying to work out what they might do to help consumers in what may be the biggest credit crunch since the Great Depression, the Wall Street Journal reports.The

If the the five industries most stressed by the coronavirus and oil price slump were to draw as much as 70% from their lines of credit, that could pull a total of ~$700B from the six biggest banks' li

Though just a month ago, the Fed was expecting to taper off its repurchase agreement (repo) operations in April, the central bank has apparently scrapped that plan as it faces the economic fallout fro

Federal regulators are looking at easing liquidity rules on the nation's banks to help lessen the pressure on them caused by the coronavirus pandemic, CNBC reports, citing unnamed sources.The Office