Daily 2X Leveraged Electric and Autonomous Vehicle ETF is Launched by Direxion

ETF Trends2022-08-12

Direxion, a provider of tradeable and thematic ETFs, today announced the launch of the Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares. The fund seeks to achieve 200% of the daily ...

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Comments

Guardian_J
2022-08-16
Guardian_J
Yea
NEWBIE
2022-08-14
NEWBIE
Noted
74rk
2022-08-12
74rk
Ok
HawTK
2022-08-12
HawTK
Like and comment please
Gladys8jk
2022-08-12
Gladys8jk
Ok
balexhu
2022-08-12
balexhu
already up so much. Means Time for these stocks to go down

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The fund seeks to achieve 200% of the daily ...</p>\n\n<a href=\"https://www.etftrends.com/leveraged-inverse-channel/direxion-launches-daily-2x-leveraged-electric-and-autonomous-vehicle-etf/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EVAV","symbol_name":"DIREXION DAILY ELECTRIC AND AUTONOMOUS VEHICLES BULL 2X SHARES","start_time":0,"source_url":"https://www.etftrends.com/leveraged-inverse-channel/direxion-launches-daily-2x-leveraged-electric-and-autonomous-vehicle-etf/","article_id":"1131277687","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131277687","pubTimestamp":1660275187,"columns":[],"sourceInfo":{"source_id":"lsy1640144260762","name":"ETF Trends"},"weMediaInfo":null,"summary":"Direxion, a provider of tradeable and thematic ETFs, today announced the launch of the Direxion Dail","collect":0,"end_time":0,"defaultTopTitle":"etftrends.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"EVAV":"DIREXION DAILY ELECTRIC AND AUTONOMOUS VEHICLES BULL 2X SHARES","CHPT":"ChargePoint Holdings Inc.","LCID":"Lucid Group Inc","BLNK":"Blink Charging","NIO":"蔚来","TSLA":"特斯拉"},"translate_title":"Direxion推出每日2倍杠杆电动及自动驾驶汽车ETF","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLNK":0.9,"CHPT":0.9,"EVAV":0.9,"LCID":0.9,"NIO":0.9,"TSLA":0.9},"content_text":"Direxion, a provider of tradeable and thematic ETFs, today announced the launch of the Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares. 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The index includes charging station manufacturers such as ChargePoint and Blink, companies involved in software development and the manufacturing of various electrical components, and electric vehicle manufacturers such as Tesla, Lucid, and NIO.“The path to long-term acceptance and widespread adoption of electric and autonomous vehicles is brighter than ever before,” said Direxion managing director and head of product Dave Mazza in a news release. “EVAV allows traders to take an amplified bullish position on electric and autonomous vehicles, along with the infrastructure to support them.”The global market share of electric and autonomous vehicles is expanding rapidly, with more than 10 million electric vehicles on the road today and an expected 66 million in the next 20 years. 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The Senate bill, called the Inflation Reduction Act, is expected to significantly affect the number of Americans driving next generation automobiles by improving U.S. energy production and storage, supply chain, and manufacturing capabilities.“With the Senate passage of the Inflation Reduction Act, the market is looking at the electric and autonomous vehicle sector with fresh eyes given the prospect of long-term government support,” added Direxion managing director and head of sales and alternatives Edward Egilinsky. “These stocks can be volatile in nature, and thus EVAV may be a utilized as a trading tool for those active traders looking to take advantage of short-term price swings.”Earlier this week, Direxion launched the first four of its single-stock leveraged and inverse ETFs that allow sophisticated traders to obtain magnified or inverse exposure to the daily performance of the common stocks of Apple and Tesla.“This environment is one that’s ripe for short-term tactical trading opportunities,” Mazza told VettaFi in a phone interview. “And we’re likely to be in an environment where, because of the Federal Reserve’s plans to increase interest rates, we see heightened volatility for some time, so there are opportunities for traders to be more tactical with their portfolios.”All Direxion leveraged and inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objectives.EVAV has a net expense ratio of 1.07%.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9993829090,"gmtCreate":1660663550112,"gmtModify":1676536374650,"author":{"id":"3577512169946317","authorId":"3577512169946317","name":"Guardian_J","avatar":"https://static.tigerbbs.com/d5732d3790ba7ded4910ae093423ed15","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3577512169946317","authorIdStr":"3577512169946317"},"htmlText":"Yea","listText":"Yea","text":"Yea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993829090","repostId":1131277687,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9990766989,"gmtCreate":1660432208644,"gmtModify":1676533467379,"author":{"id":"3573124416025977","authorId":"3573124416025977","name":"NEWBIE","avatar":"https://static.tigerbbs.com/3efe20248e6d34805e6c7befc3ae66a0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3573124416025977","authorIdStr":"3573124416025977"},"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990766989","repostId":1131277687,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9990333180,"gmtCreate":1660283564342,"gmtModify":1676533444256,"author":{"id":"3584006131453100","authorId":"3584006131453100","name":"74rk","avatar":"https://static.tigerbbs.com/5d2cbf8ec63fa4fc1ffb7189ba15e1bc","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3584006131453100","authorIdStr":"3584006131453100"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990333180","repostId":1131277687,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9990977964,"gmtCreate":1660279780361,"gmtModify":1676533443563,"author":{"id":"4087822741232210","authorId":"4087822741232210","name":"HawTK","avatar":"https://static.tigerbbs.com/184dd5a8890335d87b5cc27237101a65","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087822741232210","authorIdStr":"4087822741232210"},"htmlText":"Like and comment please&nbsp;","listText":"Like and comment please&nbsp;","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990977964","repostId":1131277687,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9990945197,"gmtCreate":1660277822756,"gmtModify":1676533443097,"author":{"id":"4094787128284850","authorId":"4094787128284850","name":"Gladys8jk","avatar":"https://static.tigerbbs.com/789bbf473867763cd44be080e269826d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4094787128284850","authorIdStr":"4094787128284850"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990945197","repostId":1131277687,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9990952328,"gmtCreate":1660275970991,"gmtModify":1676533442801,"author":{"id":"4106719216781130","authorId":"4106719216781130","name":"balexhu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4106719216781130","authorIdStr":"4106719216781130"},"htmlText":"already up so much. Means&nbsp;Time for these stocks to go down","listText":"already up so much. Means&nbsp;Time for these stocks to go down","text":"already up so much. Means Time for these stocks to go down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990952328","repostId":1131277687,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":85,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1131277687"}