Direxion Daily 20+ Year Treasury Bear 3X Shares
TMV

$27.77

3.77%

Market Cap: $189M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

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

319% more call options, than puts

Call options by funds: $37.6M | Put options by funds: $8.96M

4% less funds holding

Funds holding: 27 [Q1] → 26 (-1) [Q2]

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

38% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 8

59.45% less ownership

Funds ownership: 79.9% [Q1] → 20.45% (-59.45%) [Q2]

75% less capital invested

Capital invested by funds: $178M [Q1] → $45.5M (-$133M) [Q2]

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Research analyst outlook

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

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Financial journalist opinion

Rates Spark: ECB Presser Bear-Flattened The Curve

The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed's first rate cut, the probability of a larger cut rose slightly on Thursday.

Rates Spark: ECB Presser Bear-Flattened The Curve

Expected Rate Cuts Can Keep Pushing These ETFs Higher

The expectation of interest rate cuts can keep pushing bond ETFs higher, giving traders options in bullish leveraged options for profit maximization. In the meantime, more investors are adding bonds to their portfolios, especially after a volatile August.

Expected Rate Cuts Can Keep Pushing These ETFs Higher

Aggressive Treasury Plays: Betting on September Fed Rate Cut

Yields on 10-year U.S. Treasuries have trended lower lately with bond markets pricing in a Federal Reserve rate cut as early as September. Aside from the usual Fed speculation, add in some extra uncertainty for the U.S. presidential election and interest rate traders may see some action in coming weeks and months.

Aggressive Treasury Plays: Betting on September Fed Rate Cut

Rate Cut Hopes Can Elevate These Leveraged ETFs Higher

The anticipation for the first rate cut in this rate cycle keeps on building as capital markets hope to see one at least before 2024 comes to a close. Meantime, hopes for looser monetary policy can drive specific leveraged ETFs higher.

Rate Cut Hopes Can Elevate These Leveraged ETFs Higher

Hawkish Remarks On Monday Would Play In Favor Of TMV

Direxion Daily 20+ Year Treasury Bear 3X Shares ETF is a leveraged ETF that takes a 3x position against long-dated Treasuries. Inflation expectations remain high, meaning that inflation will necessarily remain high absent major aggregate demand pressures. TMV could be an appropriate speculative play on Powell's upcoming speech on Monday, which will likely affirm a hawkish tone, as the Fed will see clearly inflation isn't falling enough.

Hawkish Remarks On Monday Would Play In Favor Of TMV

Top Performing Leveraged/Inverse ETFs: 06/30/2024

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: 06/30/2024

Cooling Inflation and Rate Cut Hopes Bring Bond Bulls Back

Signs of cooling inflation are bringing bond bulls back as the Federal Reserve recently kept interest rates unchanged yet again. Bond bulls, however, are betting on rate cuts propping up prices as the second half of 2024 may see the first of said cuts.

Cooling Inflation and Rate Cut Hopes Bring Bond Bulls Back

Zacks Investment Research

Rates to Stay Higher for Longer? ETF Strategies to Play

The Fed's Neel Kashkari believes that it's likely that the Fed will cut interest rates once in 2024, possibly in December.

Rates to Stay Higher for Longer? ETF Strategies to Play

3 Ways Leveraged ETFs Help Traders Navigate Markets

Navigating capital markets requires intangible tools like intuition, mental acuity, and even a bit of luck. Then comes the tangible tools to maximize profit, like leveraged ETFs, which can help traders in a variety of ways.

3 Ways Leveraged ETFs Help Traders Navigate Markets

TMV: Efficient Hedge And Income Play For Volatile Long Bond Market

TLT is risky due to volatility in the current market, TMV offers a reasonable choice for hedging against TLT long holdings. TMV is a daily inverse triple for TLT, with triple the volatility. It could perform well in the near term while it may also pay good dividend. Actively managing TMV trades involves monitoring volatility, using it as a hedge, and selling covered calls for extra income.

TMV: Efficient Hedge And Income Play For Volatile Long Bond Market

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