Overview
Description
"Direxion Daily Technology Bull 3x Shares is an exchange-traded fund (ETF) designed to deliver triple the daily return of the Technology Select Sector Index. This leveraged fund is particularly crafted for short-term trading by sophisticated investors looking to capitalize on bullish movements within the technology sector. It provides exposure to large, influential tech companies like Apple, Microsoft, and Alphabet, among others, that are included in the index. As a leveraged ETF, it amplifies both the potential gains and the risks associated with market fluctuations, making it an essential tool for active traders seeking intensified exposure to technology equities. Direxion Daily Technology Bull 3x Shares plays a significant role in the market by offering a means to speculate or hedge on significant movements in the technology sector, making it a noteworthy asset for those with a high-risk tolerance who are focused on the dynamic tech landscape."
About
Address
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Phone
866-476-7523
Website
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Instrument type
ETF
Country
United States
MIC code
ARCX