SPXL / 2 ETFs to Consider After Better-Than-Expected Q4 GDP

Investor optimism could be taking a hit as recession fears are still swirling about in the capital markets. This could be contributing to a slow start more_horizontal

SPXL is an ETF aiming to deliver 3 times the daily performance of the S&P 500 index through swaps and futures. The fund is highly volatile and not sui more_horizontal

Leveraged ETFs, such as UPRO and SPXL, are potentially valuable tools for portfolio construction, offering the ability to multiply daily S&P 500 gains more_horizontal

With every bullish argument, there's usually a bearish counter. Per a Bloomberg report, Goldman Sachs and Morgan Stanley are at odds on which directio more_horizontal

Bank collapses and interest rates are more than enough to inject a dose of volatility into the stock market, particularly the S&P 500. Within the past more_horizontal

Leveraged ETFs may be unpredictable. A drift dashboard with 22 of them. more_horizontal

GDP growth was better than expected in the fourth and final quarter of 2022, giving investors hope heading into 2023 that bullishness will reign. Thus more_horizontal

Direxion Daily – the exotic ETF specialist provides us an ultra leveraged play on S&P 500 with SPXL. Used explicitly for tactical trading, the fund more_horizontal