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On the surface, the headlines largely speak for themselves. In late October, the total market capitalization of the Magnificent Seven — a group of elite tech juggernauts — jumped past the $22.2 trillion level.
The U.S. equity index nosedived on Trump's sweeping series of tariffs, resulting in a spike for inverse or inverse-leveraged ETFs.
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.
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.
Investors might be feeling hesitant to jump on Nvidia's stock given its strong run. But some market experts think it's not too late to jump on the bandwagon.
The broad stock market is taking a breather from its rally. That means the “Magnificent Seven” stocks are also catching their breath after a strong rally that started late in 2023.
On Thursday, Direxion released two new ETFs, the Direxion Daily Concentrated Qs Bull 2X Shares (NYSE Arca: QQQU) and the Direxion Daily Concentrated Qs Bear 1X Shares (NYSE Arca: QQQD). Both funds track the Indxx Front of the Q Index but go about it in vastly different ways.
SEC filings for QQQD aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.