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Direxion Shares ETF Trust Direxion Daily TSLA Bull 2X ETF
As of May 30, 2026 at 09:45 UTC
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About Direxion Shares ETF Trust Direxion Daily TSLA Bull 2X ETF
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Latest News
5 articlesIt’s been a monster year so far for many tech stocks, particularly for Nvidia (NASDAQ:NVDA). The AI chip maker, on the back of stellar revenues and a rosy outlook, has seen its stock almost double in 2024. On the flip side, Tesla (NASDAQ:TSLA) has seen its stock hammered. The electric vehicle (EV) pioneer, once the largest EV seller in the world, saw that title usurped by its Chinese counterpart, BYD (OTC:BYDDY). This, along with poor earnings call after poor earnings call, has caused the company's stock to plunge more than 30% this year. These sorts of huge swings present significant opportunities to investors if they are played right. The majority choose to invest directly in a company or indirectly through a broad-based ETF. Both can be smart choices, but investors are locked into a one-to-one relationship with the stock; they don't allow traders a way to further maximize returns or to profit from a stock dipping. Options have been the primary vehicle for investors to do just that. Unfortunately, trading them is rife with pitfalls and requires a level of sophistication that many investors, if not most, lack. Enter Direxion The ETF issuer offers leveraged and inverse single-stock ETFs that allow investors ...Full story available on Benzinga.com
Tesla, Inc (NASDAQ: TSLA) was trading mostly flat Friday, continuing to trade mostly sideways within a triangle formation on the daily chart. Unlike NVIDIA Corporation, which has surged about 57% since the first trading day of 2024, Tesla has fallen about 22% and on Thursday, Jim Cramer said Nvidia CEO Jensen Huang is a “bigger visionary” than Elon Musk. Read More Here... While Tesla’s performance recently has severely lagged behind the six other Magnificent Seven stocks, a reversal has been taking place, which could set the EV giant on a larger rebound because the stock is trading in a triangle pattern and has developed hidden bullish divergence. For traders hoping to profit from a potential reversal to the upside in Tesla, single-stock ETFs could provide a solid return. Read Next: Tesla's Model 3 Long-Range Gets Price Hike For Third Time This Month, But It's Teeny Trending: Market Optimism Drives Fidelity Manager To Sell ...Full story available on Benzinga.com
