Latest News for FAZ
Another earnings season means traders will be treated to a slew of updates from the financial services sector. In fact, some of have already arrived, suggesting that bank ETFs may be worth a look.
The financial sector staged a sharp recovery, and the market has decided the worst is over.
Q1 earnings reports have come in from four prominent names in the financial sector—Goldman Sachs, JP Morgan Chase, Wells Fargo, and Citigroup.
Direxion Daily Financial Bear 3X Shares (NYSEARCA:FAZ - Get Free Report) shares passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $43.93 and traded as high as $53.40. Direxion Daily Financial Bear 3X Shares shares last traded at $53.31, with a volume of
Most investors think only of the upside that comes from leveraged ETFs, unaware of the very real dangers they're exposing themselves to.
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