NYSEARCA:SPXL

Direxion Daily S&p500 Bull 3x Etf ETF News

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At Close: Jun 03, 2026

Can S&P 500 Jump to 5000 in 2024? ETFs in Focus

09:01am, Thursday, 30'th Nov 2023
RBC Capital Markets is expecting the S&P 500 to reach a historic high in the year 2024. But JPMorgan says S&P 500 will fall next year due to challenging macro backdrop.
.As 2023 comes to a close, there's seemingly an abundance of optimism heading into 2024 when it comes to the S&P 500. If forecasts are correct, this should bode well for the Direxion Daily S&P 500 Bu
The S&P 500 went into a new bullish trend in early November, with the SPDR S&P 500 ETF Trust NYSEARCA: SPY gapping up twice since its follow-through day on November 1. The index is up 7.73% in Novembe

SPXL: Unique Concentration Risk

11:45am, Thursday, 09'th Nov 2023
The Direxion Daily S&P500 Bull 3X Shares is a leveraged ETF that could set investors up for knock-out risk due to its composition and structure. The concentration of the S&P 500's top holdings, partic
Geopolitical factors and higher-for-longer interest rates have taken the steam out of 2023's equities rally the past few months. But the recent rate pause could clear the path for gains in the S&P 500

SPY: The Calm Before The Storm

08:34am, Sunday, 03'rd Sep 2023
US equity markets remain near all-time highs despite mounting valuation and interest rate headwinds. Short interest in the SPDR® S&P 500 ETF Trust has fallen to its lowest level in decades, indicatin

Investor Optimism Takes a Hit to Start August

08:32am, Monday, 14'th Aug 2023
Investor optimism could be taking a hit as recession fears are still swirling about in the capital markets. This could be contributing to a slow start in August, which is historically a tepid market m

SPXL: Long-Term Potential But Tread Carefully

10:15am, Friday, 04'th Aug 2023
SPXL is an ETF aiming to deliver 3 times the daily performance of the S&P 500 index through swaps and futures. The fund is highly volatile and not suitable for risk-averse investors, but may be useful
The SPDR S&P 500 SPY was edging higher Thursday despite the Federal Reserve reinstating its rate hike campaign, which the market had priced in leading up to the event.
The impetus for a continued market rally through the second half of 2023 could be playing out as dissipating inflation fears could propel bullish leveraged exchange traded funds (ETFs) further.
Leveraged ETFs, such as UPRO and SPXL, are potentially valuable tools for portfolio construction, offering the ability to multiply daily S&P 500 gains by 3. The alphas of these funds fluctuate over ti
In the 22 instances since 1950 when this has happened, the median return of the broader market for the second half of the year is 8% with an 82% win ratio, per Fundstrat's data, as quoted on MarketWat
With the help of Apple gaining almost 50% this year, the Direxion Daily AAPL Bull 1.5X (AAPU) has risen over 70% thanks to the extra 50% leverage inherent in the fund. Apple's strength is also a bypro
With every bullish argument, there's usually a bearish counter. Per a Bloomberg report, Goldman Sachs and Morgan Stanley are at odds on which direction the S&P 500 will take.
While the S&P500 is heading toward a bull market, following a 19.7% rally from the October 2022 lows, traders have raised their bearish bets on the index.
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