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Direxion Daily Financial Bear 3X Shares (NYSEARCA:FAZ - Get Free Report) crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $42.93 and traded as low as $31.83. Direxion Daily Financial Bear 3X Shares shares last traded at $32.11, with a volume of 759,024 shares. Direxion

In theory, the financial services sector, the second-largest sector exposure in the S&P 500, should be a decent performer this year. The reality is something else, as the largest pure beta ETF addressing the sector is down 4.6% year-to-date as of June 8.