DRV

Direxion Announces Forward and Reverse Splits of Four ETFs

Direxion has announced it will execute forward share splits for two of its exchange-traded funds ("ETFs"), as well as reverse share splits for an additional two ETFs. The total market value of the shares outstanding will not be affected as a result of thes...

UVXY, URA and PALL among weekly ETF movers

Gainers: Northshore Global Uranium Mining ETF (NYSEARCA:URNM) +20%. Global X Uranium ETF (NYSEARCA:URA) +15%. Uranium and associated stocks had a good week too with high demand for nuclear fuel, combined

URA, BOIL and URNM among ETF weekly movers

Gainers: Northshore Global Uranium Mining ETF (NYSEARCA:URNM) +28%. Global X Uranium ETF (NYSEARCA:URA) +21%. CSI China Internet Idx Bull 2X Direxion (NYSEARCA:CWEB) +18%. Ultra Bloomberg Natural Gas ETF (NYSEARCA:BOIL) +14%.

TNA, TZA, DFEN and LABD among weekly ETF movers

Gainers: Retail Bull 3X Direxion (RETL) +51.7%.Aerospace Defense Bull 3X Direxion (DFEN) +24.1%.Smallcap Bull 3X Direxion (TNA) +23.6%.Ultrapro Russell 2000 Proshares (URTY) +23.5%.Consumer Discretionary Bull 3X Direxion (WANT) +19.5%.Losers: Ultrapro Shor...

ACQ, JDST, YINN and ZSL among weekly ETF movers

Gainers: Real Estate Bear 3X Direxion (DRV) +8.1%.Ultrashort Silver Proshares (ZSL) +7.9%.Microsectors -3X U.S. Big Oil Index ETN (NRGD) +6.8%.Junior Gold Mine Bear 3X Direxion (JDST) +5.8%.FTSE China Bull 3X Direxion (YINN) +5.4%.Losers: Breakwave Dry Bulk Shipping

TAN, TZA, BOIL and NAIL among weekly ETF movers

Gainers: Ultrashort Natural Gas Proshares (KOLD) +26.6%.Homebuild & Suppliers Bull 3X Direxion (NAIL) +22.3%.Regional Banks Bull 3X Direxion (DPST) +21.7%.Real Estate Bull 3X Direxion (DRN) +16.9%.Solar Invesco ETF (TAN) +15.5%.Losers: Ultra DJ-UBS Natural Gas Proshares (BOIL) -23.9%.Real

SPXU Drift Regime Is Negative Again

Leveraged ETFs sometimes have an unpredictable behavior.An illustration with 22 ETFs tracking various indexes.A closer look at SPXU.

U.S. New Home Market Cap Highest Since August 2006

Based on the latest sales data reported by the U.S. Census Bureau, the preliminary nominal estimate of the market capitalization for new homes was $30.6 billion in August 2020.Perhaps more remarkably, the median sale price of new homes sold in the U.S. fell to an initial estimate of $312,700 in August 2020.With the trend for the sale prices of new homes generally flat to slightly falling over the last two years, the only way the market cap of new homes could increase is because of rising sales volumes.