Direxion Daily S&P500 Bull 3X ETF News

The SPDR S&P 500 SPY was inching slightly higher Wednesday, continuing to consolidate Monday's 1.43% surge, which was driven by consumer inflation expectations hitting a 2-year low.

There was a lot of optimism just before the new year, but that may have already been priced into 2023's gains for the S&P 500. January is historically a slow month for the index, which should be enoug

The SPDR S&P 500 SPY popped up about 0.5% higher at one point Friday, despite U.S. Bureau of Labor Statistics data showing non-farm payrolls came in higher-than-expected, which brought into question w

While the S&P 500 may gain in 2024 due to cooling in inflation, a less-hawkish Fed, AI investing momentum, a tech rally and an improvement in the corporate earnings, presidential election can cause un

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

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

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 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 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