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Direx Financial Bull 3x E.T.F. (FAS-N)
NYSEARCA:FAS
164.37
0.21
(0.13%) 1d
Financials
Technical Analysis
$68.890
Unknown
Triple leveraged ETF on financials. It would raise a red flag because of the leverage, but it is just like call options or derivatives. It resets every day. This is a short term thing – monitor it every single day.
A leveraged ETF on financial stocks, which would have done very well since the election. Financials have come off a bit now because some of the regulatory changes the president wants to get through may not go through as quickly as expected. This is designed as a short-term investment, and is not a position you hold for a long-term. He would move out of it or reduce exposure once you have got some of your profits. Think of this as a trading vehicle.
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Direx Financial Bull 3x E.T.F.(FAS-N) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Direx Financial Bull 3x E.T.F.(FAS-N) Frequently Asked Questions
What is Direx Financial Bull 3x E.T.F. stock symbol?
Direx Financial Bull 3x E.T.F. is a American stock, trading under the symbol FAS-N on the NYSE Arca (FAS). It is usually referred to as AMEX:FAS or FAS-N
Is Direx Financial Bull 3x E.T.F. a buy or a sell?
In the last year, there was no coverage of Direx Financial Bull 3x E.T.F. published on Stockchase.
Is Direx Financial Bull 3x E.T.F. a good investment or a top pick?
Direx Financial Bull 3x E.T.F. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Direx Financial Bull 3x E.T.F..
Why is Direx Financial Bull 3x E.T.F. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Direx Financial Bull 3x E.T.F. worth watching?
In the last year, there was no coverage of Direx Financial Bull 3x E.T.F. published on Stockchase.
What is Direx Financial Bull 3x E.T.F. stock price?
On 2024-12-10, Direx Financial Bull 3x E.T.F. (FAS-N) stock closed at a price of $164.37.
Take your profit and run. U.S. banks are a good sector on a bull run. This ETF gives you three times the leverage, the closest you get to an option in an ETF. If you make a profit here, take it. This is a short-term play, buying the banks on margin, really.