NYSEARCA:SPXS

Direxion Daily S&p 500 Bear 3x Shares ETF News

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$26.18
+0.560 (+2.19%)
At Close: Jun 03, 2026
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.
Morgan Stanley's bearish outlook on the S&P 500 has raised concerns among investors.
The SPDR S&P 500 SPY closed 1.3% higher on Friday, where the ETF wicked off resistance at $420.76, forming a possible triple top pattern when paired with similar price action on May 19.
Sometimes a metric can portend to a contrarian view as opposed to confirming a trend. That's the case with the IG Client Sentiment (IGCS), which could suggest that retail traders are ready to continue
We believe a U.S. recession is highly likely this year, based on various proven leading economic indicators. The S&P 500 typically falls significantly during a U.S. recession.

Drift Report On SPXS And 21 Leveraged ETFs

09:24am, Monday, 01'st May 2023
We present the reason why leveraged ETFs drift. The worst decays are in biotechnology and semiconductors ETFs.
The SPDR S&P 500 SPY gapped down to open Monday's trading session, when the market ETF ran into a group of buyers who caused the SPY to climb from its low-of-day to erase its earlier loss.
Shorts could be salivating if the S&P 500 drops 20%, according to the chief market strategist at FS Investments. If that's the case, then keep the Direxion Daily S&P 500 Bear 3X ETF (SPXS) handy.

Play the S&P 500 Volatility With These 2 ETFs

10:23am, Friday, 31'st Mar 2023
Bank collapses and interest rates are more than enough to inject a dose of volatility into the stock market, particularly the S&P 500. Within the past month, the CBOE Volatility Index (VIX) is up almo
Despite inflation and rising interest rate fears creeping back into the capital markets, the S&P 500 is still up 5% year-to-date. Another catalyst for S&P 500 bulls is relatively stable earnings despi
The SPDR S&P 500 SPY gapped up 0.88% higher on Monday when the market ETF ran into a group of sellers who caused the SPY to fall from its high-of-day to trade up about 0.5%.
Inflation reports will certainly move the markets in 2023 the same way they did in 2022 — at least until the U.S. Federal Reserve feels it has inflation relatively under control, but that could take

Lessons Of SPXS Decay

12:00pm, Thursday, 02'nd Feb 2023
Some explanations about leveraged ETFs' non-linear behavior. Leveraged ETFs in biotechnology and semiconductors show large drifts.
The SPDR S&P 500 SPY closed 0.39% higher on Friday, recapturing the 200-day simple moving average (SMA) after struggling at the level intraday.
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