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ETF tracking | Volatility double long ETF rose by 16%; Leveraged long ETF for super micro computer plummeted over 70% in two days
On Thursday, October 31, the three major stock indexes in the United States all fell. The s&p 500 index closed down 108.22 points, a decrease of 1.86%, to 5705.45 points. The October cumulative decline was 0.99, ending the continuous rise since May. The dow jones industrial average fell 378.08 points, a decrease of 0.90%, to 41763.46 points. The October cumulative decline was 1.34%, ending the uptrend since May. The nasdaq composite index, mainly composed of technology stocks, also closed lower.
Direxion Daily Technology Bear 3X Shares ETF To Carry Out 1-for-10 Reverse Stock Split On November 4th, 2024
October 15th (Eastern Time) - $Direxion Daily Technology Bear 3X Shares ETF(TECS.US)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-
Tech Sector Volatility Presents Opportunities With Direxion's Leveraged ETFs
The sudden change in the US stock market! Trillions of dollars in market cap evaporate overnight, and technology stocks face a big test in performance. Should you buy on dips or cut losses in time?
Since the second half of this year, the previously soaring US stocks have suffered frequent setbacks, with increasing uncertainty factors from the fluctuation of interest rate expectations to the unexpected US election, from chip export restrictions to Microsoft's global malfunction. With the peak of the Q2 earnings report approaching this week, the performance of technology giants is starting to be "market-tested", and the market volatility has once again intensified.
Chip stock bearish turmoil! Under market fluctuations, what are the good deployment strategies?
Previously, US technology stocks were continuously hot with rising valuations, and therefore the upward trend became increasingly "fragile," with a greater reaction to bearish news.
EXCLUSIVE: Tech Valuations 'Pricey', Cybersecurity 'Top Of Mind' Ahead Of US Elections