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Global Semiconductor Crisis: A Trader's Opportunity with This Popular ETF


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What do you think of when you hear the words “Silicon Valley”? If your mind conjures up images of mammoth tech organizations like Google, Netflix, and Facebook, small scrappy startups with lots of venture funding, and a hit HBO show, you’re probably among the majority of folks. However, software and startups are not the original cast of characters, and with these players often taking most of the headlines, it can be easy to forget about the hardware revolution that took place and the semiconductor manufacturers that gave the region its name.
It seems that in the last 5 years, a lot of the world has also forgotten just how important these tiny devices are to the tech-filled lives we lead. This year has been a serious wake-up call.  ....

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Trading the Spending Supercycle. A $2.3 Trillion Dollar Opportunity.


Trading the Spending Supercycle. A $2.3 Trillion Dollar Opportunity.
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Among the myriad longstanding issues that have plagued the American legislative process, from Medicare to immigration, infrastructure has been among the most universally anticipated. It’s an issue that transcends party lines and has the most immediate benefit to the welfare of the country, its people and its businesses.
After decades of failing grades on the American Society of Civil Engineers’ quadrennial infrastructure report card, it finally seems as though a comprehensive infrastructure revitalization is on the horizon with the Biden administration’s recently announced $2.3 trillion infrastructure proposal.
While the final form of the bill, and even its passage through both houses of Congress, is not set in stone, it is one of the largest U.S. spending proposal in generations. And while the package is currently broadly opposed by Republican members of Congress, some form ....

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Direxion Announces Forward and Reverse Splits of Five ETFs


Direxion Announces Forward and Reverse Splits of Five ETFs
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NEW YORK, Jan. 29, 2021 /PRNewswire/ Direxion has announced it will execute forward share splits for three of its exchange-traded funds ( ETFs ), as well as reverse share splits for an additional two ETFs. The total market value of the shares outstanding will not be affected as a result of these splits, except with respect to the redemption of fractional shares, as outlined below.
Forward Splits
Direxion will execute a forward split of the issued and outstanding shares of the Direxion Daily Semiconductor Bull 3X Shares, Direxion Daily Technology Bull 3X Shares, and the Direxion Daily S&P 500 ....

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