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TECL / TECL Is Up Over 25% the Past Month Despite Tech Layoffs

TECL Is Up Over 25% the Past Month Despite Tech Layoffs
Positive news surrounding big tech is hard to come by these days. In recent news, big tech is resorting to mass layoffs, but that hasn't stopped the Direxion Daily Technology Bull 3X ETF (TECL) from gaining over 25% within the past month. Read More
Posted: Nov 18 2022, 10:16
Author Name: ETF Trends
Views: 111575

TECL News  

TECL: The Riskiest Bet Of All

By Seeking Alpha
August 23, 2023

TECL: The Riskiest Bet Of All

The Direxion Daily Technology Bull 3X Shares is a leveraged ETF that focuses on technology companies in the S&P 500 index. TECL aims to achieve a 300% more_horizontal

Dissipating Inflation Fears Can Propel These ETFs Further

By ETF Trends
July 18, 2023

Dissipating Inflation Fears Can Propel These ETFs Further

The impetus for a continued market rally through the second half of 2023 could be playing out as dissipating inflation fears could propel bullish leve more_horizontal

Big Tech Is Outpacing Small-Caps Amid Market Rally

By ETF Trends
June 8, 2023

Big Tech Is Outpacing Small-Caps Amid Market Rally

Small-caps can typically give traders amplified moves to the upside versus large-caps, but big tech specifically has been winning the market capitaliz more_horizontal

Big Tech Rally Continues as Earnings Boost Investor Confidence

By ETF Trends
May 1, 2023

Big Tech Rally Continues as Earnings Boost Investor Confidence

Big tech's mojo doesn't appear to be fading as a recent spate of earnings reports are giving investors reason to be confident. The Nasdaq 100 is up ov more_horizontal

Guide to the 10 Most Popular Leveraged ETFs

By Zacks Investment Research
March 14, 2023

Guide to the 10 Most Popular Leveraged ETFs

The space remains incredibly popular for investors looking to mint money in a very short period of time, provided the trend remains a friend. more_horizontal

January Inflation Report Put These 4 ETFs on a Roller Coaster Ride

By ETF Trends
February 17, 2023

January Inflation Report Put These 4 ETFs on a Roller Coaster Ride

Inflation reports will certainly move the markets in 2023 the same way they did in 2022 — at least until the U.S. Federal Reserve feels it has infla more_horizontal

Keep These 2 ETFs Handy as Investors Await Big Tech Earnings

By ETF Trends
January 30, 2023

Keep These 2 ETFs Handy as Investors Await Big Tech Earnings

Tech's biggest names will be releasing their earnings reports, and that will certainly sway the markets one direction or the other. It's a vital earni more_horizontal

Tech's Recovery Could Take Time: 2 ETFs to Consider

By ETF Trends
January 12, 2023

Tech's Recovery Could Take Time: 2 ETFs to Consider

The Nasdaq 100 finished 2022 down 32%, and bullish tech traders are hoping that 2023 brings a turnaround, but like all good things, it could take time more_horizontal


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