Among sector and industry leveraged exchange-traded funds this year, leveraged gold miners ETFs are grabbing most of the headlines, but with earnings season here, this could be an ideal time for risk-tolerant traders to revisit leveraged fare from other sectors.
Leveraged Tech ETFs
Other sectors include technology, the largest sector weight in the S&P 500, and the leveraged ETFs of choice are the Direxion Daily Technology Bear 3X Shares (Direxion Shares Exchange Traded Fund Trust (NYSE: TECS)) and the Direxion Daily Technology Bull 3X Shares (Direxion Shares Exchange Traded Fund Trust (NYSE: TECL)).
TECL, the triple-leveraged bull ETF, attempts to deliver three times the daily returns of the S&P Technology Select Sector Index. That is the same index tracked by the Technology SPDR (ETF) (NYSE: p>
/www.benzinga.com/news/earnings/16/07/8229855/earnings-avalanche-puts-emphasis-on-leveraged-tech-etfs alt=Earnings Avalanche Puts Emphasis On Leveraged Tech ETFs>Full story available on Benzinga.com
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