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Banks: Wall Street Putting Its Money Where Its Money Is


Renewed Interest in Regionals
Moving down the market cap ladder, the action in the regional banks has dwarfed that of its national counterparts.
Just like the big banks, most regional banks have reported earnings beats for Q4, including First Republic Bank, PNC Financial, and Citizens Financial Group. But while the fundamental story between the two groups is similar, the trading action is not.
The 
Direxion Daily Regional Banks Bull 3X Shares (DPST) is up 128% over the last three months, and year-to-date has taken in over $28 million in inflows.
Data Source: 
Bloomberg. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. For standardized and month-end  ....

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WFH & CCON 4Q Earnings Preview


Momentum Continues for the Evolving Workplace and Consumer
Technological and societal trends are always in motion. Lately, some of the most significant changes are happening directly in our day-to-day with work and life. The workplace has changed dramatically over the years, in almost every way possible,  and that was especially true in 2020. How consumers are engaging with every day products and services has also undergone structural change. That, too, was especially prevalent in 2020.
Going forward, where and how companies operate continues to develop and evolve. Businesses have become more distributed, teams have gone global, and employees have become more agile with a greater need for everything to be on-demand. Looking back, the “work from home” expression had become synonymous with 2020, but companies and businesses are set to continue to invest in and prioritize the digitization of the workplace. ....

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A Work from Home Shift: ETF Trends and Direxion Release Findings of Financial Advisors Survey


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NEW YORK, Dec. 17, 2020 /PRNewswire/  Direxion, a leading provider of leveraged and thematic ETFs, and ETF Trends, a leading source in exchange-traded fund industry coverage, today released the findings of the ETF Trends/Direxion Work from Home Financial Advisor Survey.
Conducted in October 2020, the ETF Trends/Direxion Work From Home Advisor Survey  explored multiple aspects of working remotely during the COVID-19 pandemic and how the new work environment created during COVID-19 pandemic has been affecting financial advisors and the ETF industry. The survey also provided a better understanding of the long-term impacts of this secular shift on the advisor market. ....

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