MARKET

SPDN

SPDN

Direxion Daily S&P 500® Bear 1X ETF
NYSEARCA
12.67
0.00
0.00%
After Hours: 12.75 +0.08 +0.63% 17:51 04/24 EDT
OPEN
12.64
PREV CLOSE
12.67
HIGH
12.73
LOW
12.63
VOLUME
6.45M
TURNOVER
0
52 WEEK HIGH
15.81
52 WEEK LOW
12.12
TOTAL ASSET
192.50M
YTD YIELD
-13.01%
1D
5D
1M
3M
1Y
5Y
SPY: The Setup Looks Extremely Bearish
SPY has been on a strong run recently, but the outlook is very bearish right now. The S&P 500 is overvalued based on several valuation models. A weakening macroeconomic outlook also poses a severe headwind for SPY. SPY is facing a challenging economic environment and outlook.
Seeking Alpha · 1d ago
Weekly Report: what happened at SPDN last week (0415-0419)?
Weekly Report · 2d ago
Iran Attacks Israel - How Could Markets Be Impacted?
Seeking Alpha · 04/16 15:00
Weekly Report: what happened at SPDN last week (0408-0412)?
Weekly Report · 04/15 10:00
Sideways, With A Splash Of Uncertainty
The S&P 500 established its last record high on the last Thursday in March, right before the long Easter weekend. The market has bounced around in a mostly directionless manner since then. The Q1 earnings season is officially underway as of Friday. The recent decline in stock prices has taken a relatively short-lived effect.
Seeking Alpha · 04/13 07:00
Inverse ETFs to Play Now on Middle East Tension & Rising Rates?
NASDAQ · 04/12 17:00
Q1 2024 Earnings Preview: Will Reports Be Good Enough To Turn Markets Positive
Q1 earnings season kicks off with Q1 2024 S&P 500 EPS growth expected to come in at 3.2%. The second quarter got off to a rocky start as major indices closed lower last week. Buybacks and dividend increases were on the rise in Q1. The Consumer Price Index for March was higher than expected.
Seeking Alpha · 04/11 14:00
Why We Won't See A Recession In 2024
The jobs market is unlikely to lead to a recession in 2024. Wage growth continues to trend lower, while a spike in unemployment that would trigger a recession appears unlikely from here. The labour market is cooling, but is expected to begin to tighten in the coming years. The decline in wage growth has been caused by a lack of labour supply.
Seeking Alpha · 04/11 10:50
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Profile
Fund Name
Direxion Daily S&P 500® Bear 1X ETF
Inception Date
2016-06-08
Benchmark
S&P 500 TR USD
Advisor Company
Rafferty Asset Management LLC
Custodian
Bank of New York Mellon
Manager
Tony Ng, Paul Brigandi