SPXL and TQQQ both offer daily 3x leveraged exposure, but SPXL focuses on the S&P 500 while TQQQ targets the tech-heavy Nasdaq-100, leading to deeper drawdowns for TQQQ.
ETF expert Mo Sparks joins Direxion as Chief Product Officer, signaling a focus on innovation in trading. Sparks brings a wealth of experience and a vision for product expansion.
As risk-taking builds and is rewarded by higher prices, risk-taking morphs into more extreme speculation. For example, the surge of capital into 3x Leveraged S&P 500 ETFs has been remarkable.
Leading leveraged ETFs provide amplified exposure to top tech stocks like NVIDIA and the broad market for investors with an appropriate risk tolerance.
The SPDR S&P 500 (NYSE: SPY) reached a new all-time high of $526.80 on Wednesday after the Consumer Price Index (CPI) showed inflation pressures eased in April.
The S&P 500 breached the 5000 mark Friday after flirting with the record-breaking level on Thursday, buoyed by increasing positive sentiment that the Federal Reserve will apply six rate cuts this year.
The SPDR S&P 500 (NYSE: SPY) was inching slightly higher Wednesday, continuing to consolidate Monday’s 1.43% surge, which was driven by consumer inflation expecta
The SPDR S&P 500 (NYSE: SPY) was spiking about 0.6% higher Monday despite the President of the Cleveland Fed Loretta Mester issuing a warning that the recent market rally, prompted by heightened hopes of
