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Jim Trippon is an Amazon.com bestselling business and finance author, a practicing CPA, and a fee based investment advisor. His portfolio of companies includes J.M. Trippon & Company CPA, Trippon Wealth Management & Trippon Financial Publishing. Jim has dedicated his business career to... More
My company:
Trippon Financial Research, Inc.
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Global Profit$ Alert
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Stay Rich Forever: Retirement Planning Secrets of Millionaires and How They Can Work For You!
  • Direxion Introduces Six New Leveraged ETFs 0 comments
    Mar 15, 2010 5:09 PM | about stocks: SOXL, INDZ, BRIL, SOXS, INDL
    Direxion Introduces Six New Leveraged ETFs
    Direxion Introduces Six New Leveraged ETFs
    About: Direxion, Direxion ETFs, leveraged ETFs, Bank of New York Mellon BRIC ADR Index, Direxion Daily BRIC Bear 2x Shares, Direxion Daily BRIC Bull 2x Shares, Direxion Daily India Bull and Bear 2x Shares, Direxion Daily Semiconductor Bull and Bear 3x Shares, PHLX Semiconductor Index Bookmark and Share
    Direxion, one of the top issuers of leveraged ETFs, is introducing six more leveraged ETFs to investors on Thursday. Two of the ETFs will be two-times leveraged plays on the Bank of New York Mellon BRIC ADR Index. The Direxion Daily BRIC Bear 2x Shares is the bearish fund and will trade under the ticker “BRIS.” The bullish equivalent is the Direxion Daily BRIC Bull 2x Shares, which will trade under the ticker “BRIL.”
    The total number India-specific ETFs available to U.S. investors will get a boost as Direxion is introducing the Direxion Daily India Bull and Bear 2x Shares. The bullish ETF will trade under the ticker “INDL” and the bearish ETF will have the ticker “INDZ.” These ETFs will track the Indus India Index.
    The tech sector is the next stop for the new Direxion ETFs with the debut of the Direxion Daily Semiconductor Bull and Bear 3x Shares. These are tripled leveraged ETFs and the bullish ETF will trade under the ticker “SOXL” and the bearish equivalent will trade under the ticker “SOXS.” They will track the PHLX Semiconductor Index.

    For more information about The ETF Profit Report, visit http://www.etfprofitreport.com/. To see the latest special offer from The ETF Profit Report, visit: http://www.etfprofitreport.com/etfs


    Disclosure: no positions
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