Direxion Daily Financial Bull 3X Shares
NYSEARCA: FAS
$107.07
Closing price March 22, 2024
The market is surging on European hopes of the beginning of the end to the financial crisis, despite credit rating bantering out of credit ratings agencies. Now we just have to hope that Europe...
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Whether or not you like the earnings report from J.P.Morgan Chase & Co. (NYSE: JPM) probably depends upon which news outlet you read. The earnings are lower, but by less than expected. ...
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Bank of America Corp. (NYSE: BAC) raised $5 billion in cash from Warren Buffett last week, and the bank announced this morning that more cash is on the way from a sale of 13.1 billion shares in China...
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Now that Bank of America Corp. (NYSE: BAC) has raised $5 billion in cash from Warren Buffett, it’s time to look around and see what assets the bank might have on the block next. The crazy rumor...
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J.P. Morgan Chase & Co. (NYSE: JPM) is the highest credit quality of the money center banks in America. Bank of America Corporation (NYSE: BAC) is not. Far from it. You have seen the...
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Shares in Bank of America Corp. (NYSE: BAC) are up more than 5.5% today following reports that the bank selling some assets to raise cash. There is also some speculation that the bank is considering...
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The media keeps pointing to a double-dip recession. It is such a commonly used term that no one even cares that this is technically just the starting point of the next recession. Terms do not...
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Banks were already having a good day, but a new ruling has come out from the Federal Reserve on interchange fees. Maybe the proper description would be “less bad” of news.  Banks...
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Bank of America Corporation (NYSE: BAC) is showing investors this morning that its book value may actually be more relevant than what it had been given credit for. The largest bank by deposits in...
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Bank of America Corporation (NYSE: BAC) has found itself as the king of the mortgage mess after it decided to acquire Countrywide. By acquiring the company’s corpse rather than trying to just...
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Moody’s is not without question over how it rated (and still rates) many issues after the credit crisis. The problem with that caveat is that ratings agencies are still considered relevant by...
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On Wednesday morning will come the highly anticipated news regarding the first quarter earnings announcement from none other than Jamie Dimon and JPMorgan Chase & Co. (NYSE: JPM). This single...
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Investors are still trying to key off of which banks can and cannot hike their dividends under Federal Reserve approval. In short, it is the healthy versus the unhealthy. We have stated that...
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The stock market and the commodities markets have so far supported QE2. Longer-dated bond yields have risen as a result as the extra $600 billion applies only a few percentage points of the...
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