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Direxion Daily Financial Bear 3X Shares (FAZ)

NYSE
Symbol
Exchange
Currency
FAZNYSEUSD
FAZMexicoMXN
Currency in USD
6.40
-0.28(-4.19%)
Closed
After Hours
6.400.00(0.00%)

FAZ Comments

Bought OCT18 $9calls for .25
Current share price 8.12. Sept 17 2024
$9 call is .44 for Oct 18. Current share price 8.49. As rates are cut, bank net interest income will naturally drop.
Snap crash and burned
Save the banks. Everyone else...eat cake.
This is not an investment. Only used as an hedge or used as a trading stategy . Make sure you understand what you are buying or in this case selling!!!
I’m still holding here but my original investment has gone down down. Anyone believe there’s hope or should I just write it off as bad bad as.
take off....higher int, higher perdonal bankruptcies...domino
wow great buy
Hold the market will crash end of summer there you will get profits
This ETF isn´t reflect the market moment. It´s a waste of time for investors.
About ready to take off
Great opportunities for 10yt heading from 2.5 to 1.6 at 29th of march
how does FAZ differ from SPXS? THX.
assuming g FAZ is just Financials. thx.
Faz is going to the moon now can go up 600%
let us hope yore right:)
how do you guys see FAZ doing in the next couple of weeks?
This is going way up tomorrow
Same here Jeff,  $22.48   long. Bought just before market close.
FAX $22.49 ... long 1/3 positon @ 03:16 PM ET
I was early. my position is full. But hey its got to pop right?
10y rates 1.13% and this trash is going down, banks must be low cause low rates
will buy this in the near future!
it must be 100 dollies not more loans to stop inflation spendings
don.t put any money here. it is scam. they just play. even when market crash you will not take back you money
No warning AND a reverse split! this is looking way overbought on the RSIs. What is everyone doing with their shares? Sell and eat the loss? Hold on?  Everyday is the pending loom of the sky is falling, but in fact this bubble can go on for a long time as we are experiencing. VIX is low, stocks are high, and banks seem to be doing alright. Thoughts anyone?
Very sneaky indeed!
wait until the variants spread
Reverse split?
I have this at 7$
Perfect time to buy this ETF, all time low and the market can’t go up forever. Even if there is a small correction you could make some money on this.
Just be careful, this kind of leveraged ETF will always go down over time. So all time low is misleading. Speculate with it but don't hold it long-term ...
Anyone still believe in this ETF?
This ETF works on an inverse correlation with the stock market because of it´s own nature, as long as the stock market goes up the ETF will keep coming down. In the event of a market crash, the ETF $FAZ will soar as it happened in 2008.
I agree and it’s at an all time low right now, perfect time to buy and hold for the big one when it eventually happens sooner than later
Anyone still believe in this ETF?
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