Direxion Daily Technology Bull 3x Shares
TECL

$86.08

10.34%

Market Cap: $3.31B

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

225% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 8

145% more call options, than puts

Call options by funds: $89.4M | Put options by funds: $36.4M

71% more capital invested

Capital invested by funds: $69.9M [Q1] → $120M (+$49.6M) [Q2]

33% more funds holding

Funds holding: 55 [Q1] → 73 (+18) [Q2]

17.11% less ownership

Funds ownership: 20.06% [Q1] → 2.95% (-17.11%) [Q2]

22% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 18

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Research analyst outlook

We haven’t received any recent analyst ratings for TECL.

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Financial journalist opinion

Based on 3 articles about TECL published over the past 30 days

With Volatility Inevitable, Stay Ready With These ETFs

Market fluctuations this month are seemingly inevitable, which should pan out well for one options trader who bet $9 million on a September volatility spike. For traders who want to stay ready when trading the S&P 500 and big tech, they can use leveraged/inverse ETFs from Direxion.

With Volatility Inevitable, Stay Ready With These ETFs

Direxion's Ed Egilinsky Talks Small-Caps, Growth & More

Following market uncertainty in August, investors may feel compelled to reassess their portfolio allocations. With potential rate cuts from the Federal Reserve on the horizon, now may be a good time to diversify your portfolio and seek growth strategies.

Direxion's Ed Egilinsky Talks Small-Caps, Growth & More

Zacks Investment Research

Top-Performing Inverse/Leveraged ETFs of Last Week

U.S. stocks registered the best week of the year for major indexes last week.

Top-Performing Inverse/Leveraged ETFs of Last Week

S&P Volatility Ahead Opens Door for Short-Term Traders

When volatility hits major market indexes, it can spark a sense of angst. But for short-term traders, market fluctuations open the door for opportunities.

S&P Volatility Ahead Opens Door for Short-Term Traders

Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally

Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.

Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally

Can Biotech Heal Itself?

Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.

Can Biotech Heal Itself?

Zacks Investment Research

Should Your Mutual Fund Hold Leveraged ETFs?

Investing in ETFs can lead to higher profits but also involves considerable risks. It's a matter of weighing the returns against the volatility associated with these investment approaches.

Should Your Mutual Fund Hold Leveraged ETFs?

3 ETFs to Watch as Tech Looks Unlikely to Slow Down

The momentum of tech stocks don't appear to be waning as the hype around artificial intelligence (AI) continues to garner investor interest. Given that, Direxion Investments has three leveraged ETFs to capture the ongoing upside.

3 ETFs to Watch as Tech Looks Unlikely to Slow Down

Top Performing Leveraged/Inverse ETFs: 06/16/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 06/16/2024

TECL: This 3x ETF Is A Triple Threat To Our Wealth, Sell Rating Issued

The Direxion Daily Technology Bull 3X Shares ETF aims to provide three times the daily performance of the Technology Select Sector Index. High valuations of major holdings like Microsoft and Apple, constituting over 40% of the index, present significant downside risk. TECL's levered exposure to expensive stocks underscores our Sell rating on the fund.

TECL: This 3x ETF Is A Triple Threat To Our Wealth, Sell Rating Issued

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