Direx Financial Bull 3x E.T.F.

FAS-N

NYSEARCA:FAS

91.14
0.49 (0.53%)

Analysis and Opinions about FAS-N

Signal
Opinion
Expert
SELL STRENGTH
SELL STRENGTH
May 14, 2018

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.

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.

Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$68.890
Owned
Unknown
SPECULATIVE BUY
SPECULATIVE BUY
June 29, 2017

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.

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.

Daniel Straus
Head of ETF Research & Strategy, National Bank Financial
Price
$49.530
Owned
Unknown
COMMENT
COMMENT
June 15, 2017

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.

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.

Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$48.350
Owned
Unknown
DON'T BUY
DON'T BUY
June 8, 2010
3x makes him really nervous. Doesn’t like it.
3x makes him really nervous. Doesn’t like it.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$21.070
Owned
No
DON'T BUY
DON'T BUY
August 18, 2009
FAS/FAZ pairing. Doesn’t recommend.
FAS/FAZ pairing. Doesn’t recommend.
Andrew McCreath
Senior Portfolio Manager, Sentry Select Capital
Price
$68.082
Owned
Unknown
BUY
BUY
March 25, 2009
Financial 3X Bull. If you want to make a big bet on financials, this is the way to go. Key thing to remember with double and triple ETFs is that there is a compounding factor that works favourably when there is a trend, either up or down. Good speculative play.
Financial 3X Bull. If you want to make a big bet on financials, this is the way to go. Key thing to remember with double and triple ETFs is that there is a compounding factor that works favourably when there is a trend, either up or down. Good speculative play.
Vinny Catalano
Chief Investment Strategist, Blue Marble Research
Price
$6.581
Owned
Yes
DON'T BUY
DON'T BUY
March 12, 2009
Financials ETF. Not unlike going to a casino. At 3X it is going to go up and down like crazy. Highly speculative.
Financials ETF. Not unlike going to a casino. At 3X it is going to go up and down like crazy. Highly speculative.
David Baskin
President, Baskin Wealth Management
Price
$5.050
Owned
No
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