Seeking Alpha

FAZ
  Direxion Russell 1000 Financials Bearish 3X ETF - NYSEARCA

10/23/2014, 12:53 AM ET
  • Kinetic Investments | Send Message 3 Feb 2012

    $FAZ, $TZA, and $VXX are starting to look attractive. May close $TNA and $FAS and initiate positions FAZ, TZA, and VXX before the close. BW
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    • Kinetic Investments | Send Message 10 Feb 2012
      : Closed $FAZ for a 2% 1-week profit Closed $VXX for a 13% 1-week profit Closed $TZA for a 6% 1-week profit Bought $TNA @ $59.30
    • Kinetic Investments | Send Message 17 Feb 2012
      : Sold $TNA @ $62.44 for a 5.3% 1-week profit.
      FAZ vs. ETF Alternatives
      FAZ Description
      The Financial Bear 3X Shares seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the Russell 1000® Financial Services Index ("Financial Index"). There is no guarantee the fund will meet its stated investment objective.
      See more details on sponsor's website
      Sector: Financial
      Country: United States
      Key Info
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