FAS ETF

The Direxion Daily Financial Bull 3X Shares ETF tracks a concentrated index of US financials exhibiting a large capitalization tilt. FAS's top ten holdings trade at a forward P/E of 20.96 and have an upside potential of 5.64% over the next twelve months. I expect the underlying index to deliver a mid-single-digit return going forward, potentially resulting in a low double-digit gain for FAS investors after 300% leverage.

Vancouver, British Columbia--(Newsfile Corp. - October 11, 2024) - FIRST ANDES SILVER LTD. (TSXV: FAS) (OTC Pink: MSLVF) (FSE: 9TZ0) (the "Company" or "First Andes") is pleased to announce that it has completed its maiden diamond drill program at the Santas Gloria silver property, located in Peru.

Vancouver, British Columbia--(Newsfile Corp. - July 29, 2024) - FIRST ANDES SILVER LTD. (TSXV: FAS) (OTC Pink: MSLVF) (FSE: 9TZ) (the "Company" or "First Andes") is pleased to announce that, following the Ministry of Mines (Peru) inspection of drill site at the Santas Gloria silver property, it has received authorization from the Ministry of Mines (Peru) to commence its permitted drill program at the Santas Gloria silver property.

We take a look at the 10 biggest and most popular ETFs for those investors who are new to the leveraged technique.

The expectation of a less-than-stellar holiday spending year may not pave the way for trading opportunities in bullish retail stocks. However, there are opportunities in leveraged ETFs that could allow short-term traders to take advantage of the holiday season.

Direxion Daily Financial Bull 3X Shares ETF is a leveraged ETF that provides leverage in an accessible way and at a pretty low expense ratio compared to normal leverage's borrowing costs. Daily resetting of these ETFs can lead to value erosion and other unpredictable dynamics, making them best used over short durations. There are other risks, too. Markets may be too optimistic about the current conditions, and inflation data could disappoint, leading to potential losses with leveraged ETFs.

I don't really think the majority of investors and traders understand how leverage and volatility interact. A leveraged ETF is more than a directional bet on endpoint, but also a path bet on low volatility because of the daily reset nature of these products. Direxion Daily Financial Bull 3X Shares ETF is a high-risk, high-reward investment that provides leveraged exposure to the Financial Select Sector Index *if* you can time it right.