DPST / Top Performing Leveraged/Inverse ETFs: 06/04/2023

The DPST ETF allows investors to place leveraged bets on the regional bank sector. It delivers 3x 1-day return of the S&P Regional Banks Select Indust more_horizontal

Direxion Daily Regional Banks Bull 3X Shares ETF is a leveraged ETF designed to provide exposure to the regional banking sector. The DPST fund's lever more_horizontal

Hedge funds could be sensing that regional banks could be making a move to the upside. These funds started to trim their bets on shorting those banks, more_horizontal

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these k more_horizontal

I downgraded the Direxion Daily Regional Banks Bull 3X Shares last month, but the recent selloff has led me to revisit the bearish call. The economic more_horizontal

The Direxion Daily Regional Banks Bull 3X Shares ETF is about as aggressive a fund as one may find in the market. I thought that going long DPST in Ma more_horizontal

The news in banking is that SVB Capital had to sell securities marked for sale in order to shore up cash balances, as well as issue new shares. SVB fi more_horizontal

Wall Street delivered a mixed performance last week as key tech earnings were mixed while the magnitude of Fed rate hike came in expected. more_horizontal