Leveraged Bet on Technology Pays Off

A leveraged bet on technology has been a big winner in the bull run that began in March. The Direxion Daily Technology Bull 3x Fund (TYH) has more than quadrupled since the March lows, outpacing the SPDR S&P 500 (SPY)which is up 59% in the same period.


Direxion Introduces 6 New 300% Funds

6 new Direxion Shares ETFs were recently launched joining the 8 Direxion funds that started trading in November. The new ETFs will see seek 300% of daily performance or 300% of the inverse of daily performance of MSCI and Russell benchmark indexes.