Direxion continues to issue more 3x ETFs. Some of their listed symbols aren't trading yet, however, so here's the lastest list of those that are trading currently, as of 4.20.09
Large Cap: BGU (long), BGZ (short)
Small Cap: TNA (long), TZA (short)
Financials: FAS (long), FAZ (short) - huge volume lately
Energy: ERX (long), ERY (short)
Technology: TYH (long), TYP (short)
[Newer funds]
Mid Cap: MWN (short) - MWJ appears to not be trading
Emerging Markets: EDC (long), EDZ (short)
Developed Markets: DZK( long), DPK (short)
Just equity funds for now, the bond funds are giving me errors and don't interest me anyway. Giving someone money (a bond) seems not only insane these days, but will also not give the same possible gains as the 3x stock funds. FAS/FAZ routinely move 10-40% in a single day. If you don't want this much risk, stick with 1x funds, which have been around since the 40's. (zzzz...)
Monday, April 20, 2009
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