This summary was created by AI, based on 3 opinions in the last 12 months.
Experts unanimously agree that Direxion 20+ Yr T Bull 3X ETF (TMF-N) is not meant for long-term investment and is best suited for short-term traders looking for leverage. The ETF is highly volatile and can lose money due to daily resetting. It follows the movement of bond prices and is heavily affected by interest rate changes. While it can be used for participating in upward price movement, it is not recommended for buy and hold strategy due to its erratic nature.
He has a personal position but not a client one. It follows the bond price movement. Interest rates are expected to go down and therefore bond prices to go up. Bonds can't go bankrupt but their upside is limited. They are tied to interest rates and can be used as a hedge.
A trade, not buy and hold. Rates were supposed to come down, but they didn't. Use this to participate in upward price movement when yields go down. Highly volatile, can move 4-5% in a day.
It has a long bond structure and re-balances on a daily basis. It is a play on interest rates and he still holds it but it is risky. The bond market has been volatile. Don't buy it unless you study it carefully to see how it works.
3X leverage gives you the same level of volatility as stocks, but in the bond market. Keep in mind this is a very risky investment, as the bond markets are going through so much turmoil. Keep your investment small, not 10-20% of your portfolio. Start with 3-4% and build. A bet on inflation declining. His view is that inflation in NA will be around "2.something"% next year.
Direxion 20+ Yr T Bull 3X ETF is a American stock, trading under the symbol TMF-N on the NYSE Arca (TMF). It is usually referred to as AMEX:TMF or TMF-N
In the last year, 3 stock analysts published opinions about TMF-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Direxion 20+ Yr T Bull 3X ETF.
Direxion 20+ Yr T Bull 3X ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Direxion 20+ Yr T Bull 3X ETF.
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.
3 stock analysts on Stockchase covered Direxion 20+ Yr T Bull 3X ETF In the last year. It is a trending stock that is worth watching.
On 2024-12-04, Direxion 20+ Yr T Bull 3X ETF (TMF-N) stock closed at a price of $50.57.
Triple leverage. You can actually lose money, because it resets every day to give you the 3 to 1. Rates are going down at the front end, but the back end's worried about inflation. If that's the case, the long end's going up and this is not the vehicle for you.
He never recommends the leveraged ETFs to any but the shortest timeframe traders looking for leverage over a couple of days or a week or two, at most. You don't want to hold these things long term at all, ever.