Best Inverse/Leveraged ETFs of Last Week

Zacks07-30

Wall Street offered a mixed performance last week, with the S&P 500 losing 0.8%. The Dow Jones Industrial Average has gained 0.8%. The Nasdaq was off 2.1% last week. The Russell 2000 has advanced 3.5%...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2455414930?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/UX2F0jVzo1q5W.Xu.VooRA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ec93e4a47652cf9206c52a690222a4bc","is_english":true,"pubTime":"2024-07-30 20:26","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2455414930","market":"us","top_or_hot":-1,"title":"Best Inverse/Leveraged ETFs of Last Week","media":"Zacks","content":"<div>\n<p>Wall Street offered a mixed performance last week, with the S&P 500 losing 0.8%. The Dow Jones Industrial Average has gained 0.8%. The Nasdaq was off 2.1% last week. The Russell 2000 has advanced 3.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/best-inverse-leveraged-etfs-last-122600115.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Best Inverse/Leveraged ETFs of Last Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBest Inverse/Leveraged ETFs of Last Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-30 20:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/best-inverse-leveraged-etfs-last-122600115.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street offered a mixed performance last week, with the S&P 500 losing 0.8%. The Dow Jones Industrial Average has gained 0.8%. The Nasdaq was off 2.1% last week. The Russell 2000 has advanced 3.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/best-inverse-leveraged-etfs-last-122600115.html\">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":"DFEN","symbol_name":"Direxion Daily Aerospace & Defense Bull 3X Shares","start_time":0,"source_url":"https://finance.yahoo.com/news/best-inverse-leveraged-etfs-last-122600115.html","article_id":"2455414930","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/UX2F0jVzo1q5W.Xu.VooRA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ec93e4a47652cf9206c52a690222a4bc"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2455414930","pubTimestamp":1722342360,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Wall Street offered a mixed performance last week, with the S&P 500 losing 0.8%. The Dow Jones Industrial Average has gained 0.8%. The Nasdaq was off 2.1% last week. The Russell 2000 has advanced 3.5% last week. The tech slump weighed on the Nasdaq and the S&P 500.Wall Street’s tech crash last week was mainly driven by Alphabet Inc.'s GOOGL earnings report, which highlighted increased capital expenses. Tesla Inc.’s TSLA stock also suffered following its earnings results due to a lack of details from CEO Elon Musk on the company's self-driving vehicle efforts.Many feared that the huge AI investments made by big tech companies would pay off later than expected. The scale of profitability of those investments is also unknown now, while the high valuation of AI stocks became a concern for many investors (read: Time for Covered Call ETFs?","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DFEN":"Direxion Daily Aerospace & Defense Bull 3X Shares","SG9999015978.USD":"利安颠覆性创新基金A","RTX":"雷神技术公司","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LHX":"哈里斯公司","BK4548":"巴美列捷福持仓","BLK":"贝莱德","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","DPST":"Direxion每日三倍做多区域银行股ETF","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","NOC":"诺斯罗普格鲁曼","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","GOOG":"谷歌","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4554":"元宇宙及AR概念","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU1599440770.SGD":"FIDELITY GLOBAL DIVIDEND \"A\" (SGDHDG) INC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","BK4532":"文艺复兴科技持仓","BK4553":"喜马拉雅资本持仓","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","BK4534":"瑞士信贷持仓","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4555":"新能源车","TSLQ":"Tradr 2X Short TSLA Daily ETF","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0079474960.USD":"联博美国增长基金A","ETH":"Grayscale Ethereum Mini Trust","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LABU":"三倍做多标普生物-Direxion","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4535":"淡马锡持仓","TSLA":"特斯拉","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","ETHD":"UltraShort Ether ETF","BK4538":"云计算","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","FDN":"First Trust Dow Jones Internet I","GOOGL":"谷歌A"},"translate_title":"上周最佳反向/杠杆ETF","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LHX":1,"TSLQ":1,"RTX":1,"NOC":1,"LABU":1,"ETHD":1,"ETH":1,"DPST":1,"DFEN":1,"BLK":1,"FDN":0.9,"GOOG":0.8,"TSLA":0.7,"GOOGL":0.7},"content_text":"Wall Street offered a mixed performance last week, with the S&P 500 losing 0.8%. The Dow Jones Industrial Average has gained 0.8%. The Nasdaq was off 2.1% last week. The Russell 2000 has advanced 3.5% last week. The tech slump weighed on the Nasdaq and the S&P 500.\nWall Street’s tech crash last week was mainly driven by Alphabet Inc.'s GOOGL earnings report, which highlighted increased capital expenses. Tesla Inc.’s TSLA stock also suffered following its earnings results due to a lack of details from CEO Elon Musk on the company's self-driving vehicle efforts.\nMany feared that the huge AI investments made by big tech companies would pay off later than expected. The scale of profitability of those investments is also unknown now, while the high valuation of AI stocks became a concern for many investors (read: Time for Covered Call ETFs?).\nInside Q2 U.S. GDP Data\nAnother key event last week was the release of the Q2 GDP growth data for the U.S. economy, which expanded at a faster-than-expected pace in the second quarter of 2024. The advance estimate of second-quarter U.S. GDP revealed that the economy grew at an annualized pace of 2.8% in Q2, well above the 2% growth expected by economists surveyed by Bloomberg, as quoted on Yahoo Finance. The reading came in higher than the first-quarter GDP, which was revised down to 1.4% (read: Small-Cap ETFs to Rally on Upbeat U.S. Q2 GDP Growth Data?).\nEther ETFs Receive Final Approval From SEC\nETFs holding ether (ETH) officially started to trade in the United States on Jul 23, 2024, following the final approval from regulators on Jul 22, 2024. This put the world’s second-largest cryptocurrency in an investment vehicle favored by many professional investors and advisors.\nThe Securities and Exchange Commission (SEC) has approved BlackRock (BLK), Fidelity, Franklin Templeton, Grayscale and 21 Shares, as announced by the companies (read: Ether ETFs Receive Final Approval From SEC).\nBiden’s Exit From Presidential Race\nPresident Joe Biden ended his presidential campaign on Jul 21, 2024. His departure was probably prompted by concerns from party officials about his ability to serve a second term at the age of 81. However, he plans to complete the remaining three months of his term.\nBiden also announced his endorsement of Vice President Kamala Harris as the Democratic nominee for president. However, it doesn’t ensure that she will automatically get the nomination (read: AI Stocks & ETFs to Rally on Likely Harris Trade?).\nETFs in Focus\nAgainst this backdrop, below we highlight a few winning inverse/leveraged ETFs of last week.\nDirexion Daily Regional Banks Bull 3X Shares DPST – Up 17.4%\nAs the Fed is likely to cut rates in September, the yield curve steepened and benefitted bank stocks as these increase banks’ net interest rate margin. Plus, the space is undervalued at the current level.\nDirexion Daily Aerospace & Defense Bull 3X Shares DFEN – Up 15.5%\nSome upbeat earnings results from aerospace and defense stocks probably have boosted the fund. L3Harris LHX beat Q2 earnings estimates and upped ’24 EPS view. RTX Corporation’s RTX also beat on both lines and hiked full-year sales guidance. Northrop Grumman Corporation NOC too surpassed estimates on both lines and boosted full-year sales outlook.\nProShares UltraShort Ether ETF ETHD – Up 13.7%\nAs the tech stocks crashed in the middle of last week, ether ETFs probably fell due to the retreat of the risk-on trade sentiments. As a result, inverse-leveraged ether ETF gained materially.     \nDirexion Daily S&P Biotech Bull 3x Shares LABU – Up 12.7%\nBiotech stocks have likely surged due to the anticipated Fed rate cuts and the prospects of lower interest rates ahead. Plus, the space has been thriving with innovations and FDA approvals.\nTradr 2X Short TSLA Daily ETF TSLQ – Up 12.4%\nTesla posted mixed second-quarter 2024 results, wherein earnings missed the Zacks Consensus Estimate but revenues beat the same. CEO Elon Musk’s lack of detailing on the company's self-driving vehicle initiative also weighed on the stock and boosted its inverse-leveraged form.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nNorthrop Grumman Corporation (NOC) : Free Stock Analysis Report\nTesla, Inc. (TSLA) : Free Stock Analysis Report\nAlphabet Inc. (GOOGL) : Free Stock Analysis Report\nDirexion Daily S&P Biotech Bull 3X Shares (LABU): ETF Research Reports\nDirexion Daily Regional Banks Bull 3X Shares (DPST): ETF Research Reports\nDirexion Daily Aerospace & Defense Bull 3X Shares (DFEN): ETF Research Reports\nL3Harris Technologies Inc (LHX) : Free Stock Analysis Report\nRTX Corporation (RTX) : Free Stock Analysis Report\nTradr 2X Short TSLA Daily ETF (TSLQ): ETF Research Reports\nProShares UltraShort Ether ETF (ETHD): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"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":"4.29.4","shortVersion":"4.29.4","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/2455414930"}