$FAZ - Direxion Daily Financial Bear 3x Shares
The Fund seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the Financial Index. The Fund seeks to create short positions by investing at least 80% of its net assets in Financial Instruments that provide leveraged and unleveraged exposure to the Financial Index.
Please keep the Direxion Daily Financial Bear 3x Shares on your watch list for a prive move to the upside bwteen $81.60 - $81.65 on heavier than average daily trading volume of 23.61 million.
As of the close of the stock market on Friday the %FAZ ended the week trading at $69.12 up $15.73 or +29.46% on heavier than average weekly trading volume of 118.14 million. The average weekly trading volume for the Direxion Daily Financial Bear 3x Shares 86.26 million.
This stock is not a buy recommendation please do your own due diligence or get help from a professional before trading.
By: Marlin Rolle
*** Please have a close look at the charts listed below ****