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Load up when this hits bottom only!
The markets are going to b up/down with the election right around the corner, so spikes an drops are probable, we are holding, the good ole USA will roll again at some point.
should I buy in NOW??
Small cap Bio covid 19 drug at .15 cents is getting sent to phase 3 bye F D A. News is comming...put it on Radar. Rvvtf
Big time play. I am late to the party.
Holding here, told everyone it will be 50 sooooonnnnn!! 5 banger on the way! $$$$$
We are holding, average entry 17! Almost a double already! Will holf for 90+ again as before! $$$$
No one should hold this or FAZ.
Gileard Writer, adam feurstein, Busted bye SEC FOR STOCK MANIPULATION IN THE PAST...ADAM FEURENSTEIN!!! GO FIGURE. https://www.citizensforethics.org/legal-filing/crew-sec-investigation-manipulation-drug-company-biotech-stock-feuerstein/ 111
Hammered on my airline and bank plays.
Thursday was double the average volume. Dow futures are up so far heading into Monday, could see another nice leg up for financial ETFs.
Wouldn't worry about a stop order but it is up to you your profit margin is your own decision we are in it for90+ per share
Bought at $15.79. Time to sell and take profits. Go back to FAZ.
DOW- W formation. DOW going back down this afternoon or tomorrow
I keep moving my STOP higher. Perhaps I could go with a trailing STOP. What would be a safe percentage from getting easily stopped out? Ten percent?
Let it ride
Nothing is out of the question’: What it would take for the Fed to start buying stocks
PUBLISHED SUN, MAR 29 20205:50 PM EDT
Jeff Cox
@JEFF.COX.7528
@JEFFCOXCNBCCOM
KEY POINTS
Should market conditions deteriorate, the Federal Reserve could venture into the stock market, several market analysts and economists said.
Such a move likely would come in the form of a big ETF that tracks major market indexes.
Congressional approval would be needed to take such a step.
The Fed already has launched an historically aggressive use of its various powers.
Hav patience with fas! Wealth awaits again $$$$
FAS looking great,looking fo 50+++
Buy this up! When the reversal comes, this will make many millionaires once again folks. Congrats out to those who bought faz, yes yes yes, made lots here!
Holy smokes people we are going in big on this! This will be a 4x timer easily
$FAS bears are running Direxion Financial Bull 3X Shares Nyse Fas Short Squeeze
Picked up some 12/28 calls before AH...I think bottom’s just about in.
$FAS
How is this a 3X reflection of the Russell 1000? Today the Russell was up .23% and FAS was up 3%. What other factors are involved? Anybody?
70 next stop! Keep er going mr. Trump! $$$
this ticker has made many people lots of wealth including us. $$$$
FAS will bounce at 45 then climb to 60 before ultimately hitting 70. Sit tight
48z then 45 before our year end rally. 10 yr to 2.08 before going to 2.89 end of year.
very strong. still have some here yet. wow, what a run its been
still holding from average of 20! $$$
getting ready to take profit, nice chunk
Still riding the trend since 28. See you at 71. Easy money. For now.
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Welcome
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 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:
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