News About <![CDATA[Direxion Daily Energy Bear 3X Shares]]> News About en-us <![CDATA[Direxion Announces Reverse, Forward Splits for 16 ETFs]]> Direxion, the second-largest sponsor of leveraged and inverse ETFs, said today it will reverse split eight of its leveraged funds while another eight will see more traditional share splits, also known as forward splits.

The reverse splits will go into effect after the close of trading on Monday April 1. Among

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<![CDATA[25 Year Anniversary of Stock Market Crash: Dow Drops 205 NASDAQ Drops 67]]> Did anyone read the article from Sunday, October 14, on How to Speculate on a Market Drop Without Options or Shorting? The article described the Daily S&P 500 Bear 3X Shares ETF (SPXS), which was up 5.1% today. The Direxion Daily Energy Bear 3X Shares (ERY) was up 4.5% today.

As for the popular stocks, Google was down 74 points in the last two days due to missing estimates on revenues and a substantial drop in earnings per share. Apple (AAPL) fell over 22 points today. Chipotle Mexican Grill, Inc. (CMG) was off by about 43 points, or 15%.

Disclosure: Author owns AAPL.

By Stockerblog.com

Investors who may be anticipating an October stock market crash have a few options. One way is to short the market, however, the potential loss is unlimited. Another way is to buy put options. However, these have fast approaching expirations, and if they aren't in-the-money at the time of expiration, it will result in an entire loss of the investment. Plus, for novice investors, options may be difficult to understand.

So what is left? Bearish exchange traded funds, also known as Bearish ETFs. These are investments that have a goal of providing the daily inverse of a stock index. Some of these ETFs have an objective of 100% of the reverse performance, and some can provide a 300% opposite return. These are extremely volatile investments that are designed for short term trades, not long term investments. They achieve their performance through the use of various financial instruments including futures contracts, options, equity caps, collars, floors, swap agreements, short positions, and reverse repurchase agreements.

According to WallStreetNewsNetwork.com, there are over a dozen commonly traded triple bearish ETFs available for investors. One popular one is the Daily S&P 500 Bear 3X Shares ETF (SPXS), which attempts to produce 300% of the inverse of the performance of the S&P 500. In other words, if the S&P 500 drops 2% in one day, the ETF should drop 6%. Of course, if the S&P 500 rises by 2%, the ETF will drop by 6%, a significant loss. So it is worth repeating, there are extremely risky investments.

Investors can be more specific in terms of what sectors will drop, or will drop the most. For example, suppose you think energy stocks will tank. There is the Daily Energy Bear 3X Shares ETF (ERY), which attempts to track 300% of the inverse of the Energy Select Sector Index. Think bank and financial services companies are overpriced and due for a drop? There is the Daily Financial Bear 3X Shares ETF (FAZ).

There is even a triple bearish gold ETF called the Daily Gold Miners Bear 3X Shares ETF (DUST). Take a look at its stock ticker symbol! It's objective is to produce 300% of the opposite of the NYSE Arca Gold Miners Index.

For a free list of the most commonly traded triple bearish ETFs which can be downloaded, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

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<![CDATA[ERY Crosses Above Key Moving Average Level]]> <![CDATA[Noteworthy ETF Outflows: ERY]]> <![CDATA[Direxion Daily Energy Bear 3X Shares (ERY) - Daily Trading Report]]> <![CDATA[Options Activity for Direxion Daily Energy Bear 3X Shares (ERY)]]> <![CDATA[Block Trading and Options Highlights for Direxion Daily Energy Bear 3X Shares (ERY)]]> <![CDATA[ERY, FXP, SMG, OPEN Among Charts to Watch]]> Wednesday was a very decisive day, especially late in the day after the FOMC meeting, when the market dropped nearly 300 points. We’re going to focus on the Boxer Shorts, some of the swing trade short picks, and several of the stocks that appear to be vulnerable. But we’re going to start off with the ultra-shorts since they are doing very well.

Ultra-Short ETFs

The Direxion Daily Energy Bear 3X Shares (ERY) popped on Wednesday, took out a big pattern that has been forming, and is up against the lateral resistance level. It was up 2.18 to 19.76, or 12.4%, on 6.9 million shares traded. Any further up side here and this stock could move up toward the short-term target up around the 21 1/2 zone.

ProShares Ultra-Short FTSE China 25 (FXP) exploded to key overhead resistance after it had already taken out the lateral declining topsline from last week, and then pulled back to test the moving average and the declining topsline, snapped back, and then broke out slightly on Wednesday. It was up 3.18 to 39.59, or nearly 9%, on 594,000 shares traded. It looks like it’s headed toward the mid 40s.

On the downside…

The Scotts Miracle-Gro Co. (SMG), which we recommended, certainly rolled over on Wednesday, down 1.74 to 43.66, or 4%, on 758,000 shares traded. It appears as though it could be falling away to retest the lows around 40 - 41, and if that cracks, then it could get down to around 37.

OpenTable, Inc. (OPEN) looks just horrible and continues to go lower. It was down 1.46 to 48.18, or 3%, on 2.1 million shares traded on Wednesday. This was a recommendation of ours when it was in the high 60s a month and a half ago. It’s at 48, and although it’s at the bottom of the channel, it very well might spike down to something in the mid to low 40s.

Other stocks in our Charts for the Day are Direxion Daily Financial Bear 3X Shares (FAZ), Direxion Daily Small Cap Bear 3X Shares (TZA), VelocityShares Daily 2x VIX ST ETN (TVIX), Direxion Daily Large Cap Bear 3X Shares (BGZ), iPath S&P 500 VIX Short-Term Futures ETN (VXX), ProShares UltraShort DJ-UBS Crude Oil (SCO), ProShares UltraShort Gold (GLL), PowerShares DB Gold Double Short ETN (DZZ), ProShares UltraShort Silver (ZSL), Fossil, Inc. (FOSL), Domtar Corporation (UFS), Weight Watchers International, Inc. (WTW).

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