Direxion Daily Technology Bull 3X Shares ETF News

TECL's most recent upside, which started on October 26, could continue. This bullish position is based on its relationship with XLK and the strength of the tech sector. However, TECL is highly leverag

Big tech has obviously been a major mover for the stock market in 2023. With third quarter earnings forthcoming, there should be plenty of opportunities for broad-based ETF as well as single-stock ETF

Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are

The Direxion Daily Technology Bull 3X Shares is a leveraged ETF that focuses on technology companies in the S&P 500 index. TECL aims to achieve a 300% daily return, amplifying gains or losses compared

Software giant Microsoft continues to provide more fuel to propel the big tech rally as the company beat analysts' expectations. One of the catalysts for big tech will be the adoption of artificial in

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.

This article highlights current and future ETF/ETN breakouts for Week 29 using the MDA momentum cycle model. Following the positive Momentum Gauge signal on June 1st, leading funds include NAIL +67.1%

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Up just over 40% for the year, Microsoft is narrowly outpacing the broader big tech rally with the Nasdaq-100 up around 38%. The software giant could keep riding the wave, giving bullish traders oppor

Small-caps can typically give traders amplified moves to the upside versus large-caps, but big tech specifically has been winning the market capitalization battle in the current rally.

The machinations of a recession could already be manifesting themselves in layoffs during the month of May. The job markets for retail and tech were especially vulnerable last month.

With the Nasdaq 100 Index up almost 30% for the year, big tech continues to climb. Apple and Microsoft are two names that are helping big tech's 2023 rally and the S&P 500 Index overall.

Two new Breakout Stocks for Week 22 with better than 10% short-term upside, ETF updates and one Dow 30 pick. Average cumulative returns for 2023 are +79.6% YTD. Last week we had peak gains in GLOB +15

U.S. tech stocks are enjoying their greatest outperformance, relative to the S&P 500, in 97 years. This has resulted in a huge rally for leveraged ETFs, with funds targeting FANG stocks and single sto

Big tech's mojo doesn't appear to be fading as a recent spate of earnings reports are giving investors reason to be confident. The Nasdaq 100 is up over 20% this year compared to the S&P 500's 8.6% ga