MARKET

NAIL

NAIL

Direxion Daily Hmbldrs&Supls Bull 3X ETF
NYSEARCA

Real-time Quotes | Provided by Morningstar

52.62
+2.91
+5.85%
Closed 19:14 09/30 EDT
OPEN
49.80
PREV CLOSE
49.71
HIGH
54.38
LOW
49.80
VOLUME
1.08M
TURNOVER
--
52 WEEK HIGH
98.55
52 WEEK LOW
4.760
TOTAL ASSET
414.46M
YTD YIELD
-31.39%
1D
5D
1M
3M
1Y
5Y
News
Performance
Will Housing Save The U.S. Economy?
It's a tall order but housing is enjoying a V recovery and history suggests that this key slice of the economy plays a critical role in the business cycle. Is this a macro silver bullet for 2020 and beyond?It's unclear if the August stumble in starts and permits is an early warning sign or noise. But with new jobless claims still rising dramatically each week, it's too soon to conclude that housing's recovery to date will continue.The one thing that all economists can agree on at the moment: the business cycle is unusually vulnerable to weaker-than-expected jobs data.
Seekingalpha · 17h ago
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.
Seekingalpha · 18h ago
U.S. Housebuilders Continue To Surprise
Despite job losses and increasing building costs, major U.S. housebuilders have been outperforming the overall market this year.U.S. housing starts increased by nearly 23% MoM in July 2020.Record-low interest rates have contributed to a relatively flourishing new home build market.
Seekingalpha · 2d ago
Supreme Uncertainty Hits REITs
U.S. equity markets finished broadly lower on another volatile week, pressured by "supreme uncertainty" amid a contentious U.S. election season and lingering coronavirus concerns as we enter the colder months.Declining for the fourth-straight week following a six-week winning streak, the S&P 500 dipped another 0.6% this week and is now roughly 8% below its all-time highs set last month.This "supreme uncertainty" weighed on real estate equities and other economically-sensitive sectors this week. Equity REITs finished lower by 3.1% this week with 17 of 18 property sectors in negative territory.New Home Sales topped estimates, surging 43% in August from last year to the highest annual rate since 2006, another sign that the housing industry continues to lead the economic recovery.While the housing industry rebound has shown continued resilience, there are signs that the rebound in labor markets may be losing some steam ahead of a critical week of employment data - the final jobs report before Election Day.
Seekingalpha · 4d ago
Housing Market Overview For September 2020
Demand is strong due to a strengthening labor market and low mortgage rates.Sales of new and existing homes have rebounded from pandemic lows.Builder sentiment is at an all-time high; building permits have rebounded.
Seekingalpha · 5d ago
Housing Remains A Bright Spot For The Economy
Sales of new single-family homes rose to the fastest pace since September 2006.Total inventory of new single-family homes for sale declined 3.1 percent to 282,000 in August.The existing single-family home segment saw inventory fall 2.3 percent to 1.27 million, pushing months' supply to 2.8 from 3.0.
Seekingalpha · 5d ago
Homebuilders: A V-Shaped Vendetta
An antihero of the prior financial crisis, Homebuilders have seemingly been on a vendetta over the last six months, asserting themselves as the unexpected leader of the early post-pandemic recovery.Homebuilders were slammed at the outset of the pandemic on fears that a coronavirus-induced recession could inflame a repeat of the Great Financial Crisis for the critical U.S. housing.Instead, the U.S. housing industry has roared back to life in recent months. New Home Sales, Existing Home Sales, and Home Prices have all seen a substantial reacceleration this year.The sharp rebound in housing market activity has been aided by longer-term macroeconomic trends of favorable millennial-led demographics, historically low housing supply, and near-record low mortgage rates.Housing remains an “unloved” sector despite the compelling long-term tailwinds at its back. Homebuilders trade at deeply discounted valuations to the S&P 500 despite their stellar growth rates.
Seekingalpha · 5d ago
August New Home Sales Confirm That The Long Leading Housing Sector Has Been Surging
Housing is a long leading sector of the economy, typically giving us information 12 to 18 months into the future.New home sales are the most leading of all housing metrics, but are very volatile and heavily revised.August new home sales hit the highest level in nearly 15 years.Because they confirm the surge in the less volatile single-family housing permits, the new high is almost certainly a signal rather than a noise, a powerful plus for the economy in 2021.
Seekingalpha · 6d ago
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  • Performance
  • Asset Allocation
  • Dividend History
Period
Return
Rank in Cat
1-Month
7.5535%
--
3-Month
49.9165%
--
6-Month
-32.7479%
--
1-Year
-31.3903%
--
3-Year
1.1263%
--
5-Year
7.6841%
--
Since Inception
3.4326%
--
No Data
  • Dividends
  • Splits
  • Insider Activity
No Data
  • All
No Data
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Profile
Fund Name
Direxion Daily Hmbldrs&Supls Bull 3X ETF
Risk
Low risk
Inception Date
2015-08-19
Benchmark
Russell MidCap Value TR
Advisor Company
Direxion Funds
Custodian
The Bank of New York Mellon
Manager
Brigandi/Ng