Direxion Daily Technology Bull 3x SharesTECL
TECL
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
66% more call options, than puts
Call options by funds: $134M | Put options by funds: $80.7M
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
4% more funds holding
Funds holding: 75 [Q3] → 78 (+3) [Q4]
0.28% less ownership
Funds ownership: 2.89% [Q3] → 2.61% (-0.28%) [Q4]
10% less capital invested
Capital invested by funds: $97.1M [Q3] → $87.7M (-$9.33M) [Q4]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for TECL.
Financial journalist opinion
Positive
ETF Trends
5 days ago
Despite Tech Drawdown, Profitable Opportunities Still Exist
Major indexes in the stock market have been upended by tariff news as of late. Tech has been taking the brunt of the blow as the Nasdaq-100 has been sliding since mid-February.
Positive
Seeking Alpha
4 weeks ago
Cautiously Bought TECL Leveraged ETF Shares On Nasdaq Selloff
The sharp decline in the Nasdaq makes a leveraged bet on a tech stock turnaround potentially worth the risk. TECL ETF has dropped 35% in response to a 12% Nasdaq decline, presenting a potential short-term rebound opportunity. The 3x leveraged ETF is risky, but the odds of a significant market rally now outweigh the odds of a further downturn.
Positive
ETF Trends
1 month ago
2 Sectors to Trade as Equity Funds See Higher Inflows
Sometimes traders can set up a potential plays when they see where investor money is flowing. This is available with fund inflows, which saw technology and healthcare equities gain a lion's share of February's flows.
Positive
Seeking Alpha
1 month ago
TECL Represents Swing Trading Opportunities In Volatile Markets
TECL is a triple leveraged ETF tracking the Technology Select Sector index, aiming for 300% of daily movement in tech sectors like computing and semiconductors. Key holdings include Apple, Nvidia, and Accenture, each offering unique growth prospects, from Apple's new products to Nvidia's AI advancements and Accenture's diverse services. Leveraged ETFs like TECL are best for short-term trades due to higher risk and volatility, requiring careful timing around positive catalysts like earnings announcements.
Neutral
ETF Trends
2 months ago
Ease S&P 500 Uncertainty Fears With These ETFs
With a new U.S. president at the helm and a Fed that's getting mixed signals from the economy, uncertainty abounds. Traders can ease those fears with leveraged and inverse exchange-traded funds (ETFs) from Direxion's product suite.
Negative
Seeking Alpha
4 months ago
TECL: A Low Volatility, High Return Strategy
From 2008 to 2024, a stripped-down version of the strategy outlined here would have generated 15% alpha relative to SPY, before bid-ask spreads and tax liabilities are estimated. Assuming 37% capital gains taxes and seven times recent bid-ask spreads for TECL (and no T-bill returns), this strategy would still have produced positive alpha, according to my calculations. This strategy is built on the leveraging of a low-volatility, high return pattern going back at least a century.
Neutral
ETF Trends
5 months ago
Where ETF Investors Put Money to Work on Election Week
My friend and industry veteran Dave Nadig used to call the exercise of interpreting ETF asset flows as “reading the tea leaves.” I have always loved that image because it suggests asset flows can be telling, but they are also open to interpretation.
Positive
Seeking Alpha
6 months ago
TECL: A Leveraged Bet On Large-Cap Tech
The Direxion Daily Technology Bull 3X Shares ETF tracks an index investing primarily in Semiconductor, Software, and Hardware companies. The ETF's 10 largest holdings trade at a forward P/E of 35.40, but still offer an 11.08% upside according to Wall Street estimates. The sector should also benefit from normalizing inflation and Fed easing, which will put a renewed focus on its strong growth prospects.
Positive
ETF Trends
6 months ago
Hedge Funds Load Up on Tech Stocks Ahead of Rate Cuts
As the Nasdaq-100 continues to push higher, it doesn't appear as though certain hedge funds are sensing any frothiness. Per a Reuters report, hedge funds continue to load up on technology stocks as rate cuts loom.
Neutral
ETF Trends
7 months ago
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.
Charts implemented using Lightweight Charts™