Fidelity SPDR Advertisement
Home > Boards > Other Markets > ETFs >

Direxion Daily Financial Bull 3X Shares (FAS)

FAS RSS Feed
Add FAS Price Alert      Hide Sticky   Hide Intro
Moderator: No Moderator Porgie Tirebiter
Search This Board:
Last Post: 5/6/2014 8:38:22 PM - Followers: 85 - Board type: Free - Posts Today: 0


Welcome
 

We are here to discuss the Direxion Daily Financial 3X funds.
Please feel free to include FAZ in any discussion, as FAS and FAZ are both representative of the same thing...  A 3X reflection in daily movement of the Russell 1000 Financial Services Index.

 The key word to remember here is DAILY.

FAS/FAZ are not intended as an investment, but as a trading tool designed to reflect the DAILY moves of the Russell 1000 Financial_Services Index X3.


Historic Develpments for FAS from Direxion

Forward Split for 5 Direxion Bull ETFs

FAS included in Dividend Distribution

 


 

Each day Direxion publishes the current makeup of this ETF:  http://www.direxionshares.com/holdings_fas.csv

Link To Direxion's FAS fact sheet:  www.direxionshares.com/pdfs/Financials_Bull-Bear_Fact_Sheet.pdf

Link to fact sheet regarding Russell 1000 Financial_Services Index:  www.russell.com/indexes/PDF/fact_sheets/US/1000Financialservices.pdf

Link to Prospectus:  direxionshares.onlineprospectus.net/direxionshares/FAS/index.html

Link to Summary Prospectus:  direxionshares.onlineprospectus.net/direxionshares/FAS/index.html

Link to FAS chart

Link to Russell 1000 Financial Index (RIFIN) chart

Link to Dow Jones US Financials

 


 It is important to understand the unique characteristics of leveraged ETFs, and in particular Triple Leveraged ETFs.

While these funds are designed to reflect a daily 3X change in the underlying assets, It is important to understand that over an extended period of time a leveraged fund may actually UNDERPERFORM the underlying assets represented!

Important Reading: 

www.direxionshares.com/pdfs/DS_Paper_011210.pdf

www.finra.org/Investors/ProtectYourself/InvestorAlerts/MutualFunds/P119778

Good video:

 www.cnbc.com/id/15840232

 

 

 

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
FAS
Current Price
Volume:
Bid Ask Day's Range
Wiki
PostSubject
#1540   congrats deadjim 10/21/11 04:16:04 PM
#1539   i just sold my last shares here at kei 10/21/11 04:12:44 PM
#1538   Congrats to everybody long this market. Hopefully you're deadjim 10/21/11 03:54:53 PM
#1537   profit taking is the word i here for rocco2 10/21/11 02:32:16 PM
#1536   The dude on CNBC from oppenheimer this morning realfast95 10/21/11 02:18:00 PM
#1535   if i hold over the weekend, my position rocco2 10/21/11 12:40:57 PM
#1534   thank you for your comment and i agree kei 10/21/11 12:21:48 PM
#1533   let,s see how the market,s go into the rocco2 10/21/11 11:33:42 AM
#1532   as i type ---> weeeeee :-D kei 10/21/11 10:23:03 AM
#1531   agree, got in premarket this am with big position rocco2 10/21/11 09:23:46 AM
#1530   looks like today is fas day! (as i kei 10/21/11 07:32:53 AM
#1529   We were setting up for a huge spike realfast95 10/21/11 06:39:30 AM
#1528   Wednesday's lunch was expensive and didn't sit well, realfast95 10/20/11 08:00:01 AM
#1527   thank you so much!! kei 10/19/11 12:23:55 PM
#1526   Thanks for the links. Something is keeping FAS realfast95 10/19/11 11:32:11 AM
#1525   You can see a detailed view of what Porgie Tirebiter 10/19/11 11:00:48 AM
#1524   during the day I keep an eye on realfast95 10/19/11 06:24:11 AM
#1523   thank you for your comment!! kei 10/18/11 10:26:11 PM
#1522   very hard to say with a big move rocco2 10/18/11 08:52:06 PM
#1521   whats going on...aapl down big now.. kei 10/18/11 05:11:31 PM
#1520   ok...there you are :-D kei 10/18/11 05:06:58 PM
#1519   I would say yes. DADDY FAT SAXX 10/18/11 05:04:59 PM
#1518   thank you so much! i really appreciate advice kei 10/18/11 04:56:44 PM
#1517   FAS will go up unless some Euro opens realfast95 10/18/11 04:54:11 PM
#1516   hello :) intc aapl yhoo all 3 are kei 10/18/11 04:36:27 PM
#1515   Germany and france up the anty, glad i rocco2 10/18/11 03:16:56 PM
#1514   Relief Rally Coming On A Levered EFSF With cleanenergyintel 10/17/11 11:43:59 AM
#1513   BAC earnings could be as low as 9 canestsal 10/16/11 01:30:57 PM
#1512   It's clear as day now - the drop deadjim 10/15/11 11:58:31 AM
#1511   In 11.55 out 12.42 canestsal 10/15/11 08:16:57 AM
#1510   Bank Layoffs Exceed 100,000: Where the Cuts Are realfast95 10/14/11 06:09:53 AM
#1509   Thanks for the heads up guys. Ill keep YSUJosh 10/12/11 09:17:41 PM
#1508   There will be a few more weeks of canestsal 10/12/11 08:16:32 PM
#1507   just watch the S&P, many expect a pull rocco2 10/12/11 06:41:15 PM
#1506   JPM reports in the morning and has a realfast95 10/12/11 06:15:38 PM
#1505   I'm expecting more of these type days. I YSUJosh 10/12/11 06:04:20 PM
#1504   fas getting a little love today rocco2 10/12/11 12:54:51 PM
#1503   completely agree! It broke the downward channel friday YSUJosh 10/10/11 05:00:05 PM
#1502   i jumped out at 11.78, will expect to rocco2 10/10/11 04:30:38 PM
#1501   charts are set-up very nicely!! canestsal 10/10/11 03:58:23 PM
#1500   $12 would give us good confirmation for a canestsal 10/10/11 03:56:30 PM
#1499   3x is tuff stuff !! rocco2 10/10/11 03:54:44 PM
#1498   Argh! I got stopped out at 11.35, canestsal 10/10/11 03:50:49 PM
#1497   she could break out into the close rocco2 10/10/11 02:46:05 PM
#1496   FAS looking good today canestsal 10/10/11 09:26:01 AM
#1495   nice move on fas today, was able to rocco2 10/04/11 08:52:26 PM
#1494   I went flat before yesterday's close. KarinCA 09/23/11 07:21:36 PM
#1493   I would agree here I am holding overnight tom favata 09/23/11 11:00:03 AM
#1492   That's why I took profit... I've lost by KarinCA 09/22/11 10:59:50 AM
#1491   Good job! Porgie Tirebiter 09/22/11 10:52:10 AM
PostSubject