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Direxion Daily Financial Bull 3X Shares (FAS)

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Last Post: 6/29/2020 10:28:11 AM - Followers: 98 - 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

 

 

 

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PostSubject
#1789   Small cap Bio covid 19 drug at .15 Beatcovid 06/29/20 10:28:11 AM
#1788   Big time play. I am late to the party. JohnCM 06/07/20 07:23:20 PM
#1787   Holding here, told everyone it will be 50 harry crumb 06/06/20 09:00:19 AM
#1786   Sorry, "hold" harry crumb 05/26/20 09:02:56 PM
#1785   We are holding, average entry 17! Almost a harry crumb 05/26/20 09:02:29 PM
#1784   No one should hold this or FAZ. pistoncity 04/27/20 08:36:53 PM
#1783   Hold this folks! $$$ harry crumb 04/27/20 05:17:31 PM
#1782   added back 24.20 Derek ops 04/21/20 10:47:51 AM
#1781   Gileard Writer, adam feurstein, Busted bye SEC FOR manofIsle 04/16/20 10:12:00 PM
#1780   Hammered on my airline and bank plays. JohnCM 04/13/20 10:56:05 PM
#1779   Thursday was double the average volume. Dow futures furface 04/12/20 05:34:41 PM
#1778   Wouldn't worry about a stop order but it harry crumb 04/07/20 11:20:32 AM
#1777   Not selling til 90+ harry crumb 04/07/20 10:16:11 AM
#1776   Bought at $15.79. Time to sell and take Eagleize 04/07/20 07:00:14 AM
#1775   I keep moving my STOP higher. Perhaps I JohnCM 04/06/20 08:05:47 PM
#1774   Let it ride harry crumb 04/06/20 06:19:16 PM
#1773   Bought at $20.49 JohnCM 04/03/20 09:11:44 AM
#1772   https://www.stockscores.com/chart.asp?TickerSymbol=FAS&TimeRange=30&Interva JohnCM 04/02/20 07:29:34 PM
#1771   https://www.stockscores.com/chart.asp?TickerSymbol=FAS&TimeRange=180&Interv JohnCM 04/02/20 03:50:12 AM
#1769   Nothing is out of the question’: What it martys12 03/29/20 09:45:52 PM
#1768   Hav patience with fas! Wealth awaits again $$$$ harry crumb 03/28/20 10:04:33 PM
#1767   FAS looking great,looking fo 50+++ m1999 03/26/20 11:17:21 AM
#1766   Buy this up! When the reversal comes, this harry crumb 03/22/20 09:31:54 PM
#1765   Bought 17's! harry crumb 03/19/20 01:06:02 AM
#1764   Holy smokes people we are going in big harry crumb 03/17/20 10:12:29 PM
#1763   $FAS bears are running https://news.squeezereport.com/short-squeeze/ whytestocks 11/19/19 02:26:30 PM
#1762   Picked up some 12/28 calls before AH...I think r1aviator 12/19/18 06:56:38 PM
#1761   How is this a 3X reflection of the danielde 07/18/18 05:31:42 PM
#1760   Kissing 70z Shaka_Zulu 12/18/17 09:47:15 AM
#1759   Target 88 next Shaka_Zulu 12/14/17 01:58:56 PM
#1758   70 next stop! Keep er going mr. Trump! $$$ harry crumb 11/28/17 09:53:41 PM
#1757   70 Shaka_Zulu 10/27/17 01:15:48 PM
#1756   this ticker has made many people lots of harry crumb 10/26/17 02:51:03 PM
#1755   Needs to hold 55 Shaka_Zulu 10/16/17 10:50:23 AM
#1754   FAS will bounce at 45 then climb to Shaka_Zulu 09/05/17 01:12:02 PM
#1753   48z then 45 before our year end rally. Shaka_Zulu 09/05/17 10:08:26 AM
#1752   very strong. still have some here yet. wow, harry crumb 08/04/17 09:42:12 PM
#1751   Strong to 59.5 Shaka_Zulu 08/04/17 10:51:38 AM
#1750   Here we go see you at 59.5 Shaka_Zulu 08/01/17 02:05:27 PM
#1749   Filled the gap. Nothing more Shaka_Zulu 06/29/17 12:15:21 PM
#1748   still holding from average of 20! $$$ getting ready harry crumb 06/28/17 03:09:16 PM
#1747   Still riding the trend since 28. See you Shaka_Zulu 06/28/17 01:50:40 PM
#1746   FAS TREND1 06/17/17 09:38:32 PM
#1745   Target 51 then 70 Shaka_Zulu 06/14/17 10:32:46 AM
#1744   FAS RSI 5 TREND1 04/10/17 02:47:36 PM
#1743   Target $70 Shaka_Zulu 03/22/17 11:46:25 AM
#1742   Booom Shaka_Zulu 03/01/17 10:28:58 AM
#1741   Long and strong Shaka_Zulu 02/24/17 08:52:07 PM
#1740   wow incredible run going. go trump, go fas! harry crumb 01/25/17 07:30:01 PM
#1739   Ripping Shaka_Zulu 01/24/17 01:58:52 PM
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