ETF Chart of the Day, November 25, 2014
This ETF, Direxion Daily Healthcare Bull 3X ETF is showing considerable strength of late and probably deserves a close look.
Some information from the management of the fund, Direxion Investments:
Performance
From WallStreet Scope Nov 7
Direxion Daily Healthcare Bull 3X ETF (CURE) of the Financial sector (Exchange Traded Fund) lost -2.75%, a change from open of -3.5700% ($-3.23 per share) at the close of the normal trading day Friday with a volume of 95712 shares. Direxion Daily Healthcare Bull 3X ETF (CURE) ended the day at $117.43 with a market cap of , insider ownership of , volume of 095,712 and a weekly performance of 2.84%. Direxion Daily Healthcare Bull 3X ETF (CURE)’S monthly performance stands at 13.27% and Direxion Daily Healthcare Bull 3X ETF (CURE) is considered a stock to watch for the upcoming trading day.
Here is a chart made after the close on Tuesday Nov 25, you can see that this stock has had a long advance and is still very strong.
In fact, the Relative Strength Factor for this ETF is 99.6
I want to draw your attention to the Point and Figure chart for this instrument, you will see a Bullish Price Objective of $215.00
This ETF is certainly deserving of a place in your watchlist and may well become a part of your trading strategy.
Good Trading..!
Some additional information on the Relative Strength Factor
Some information from the management of the fund, Direxion Investments:
| Fund Symbol | CURE |
|---|---|
| Daily Target | 300% |
| Intra-day Indicative Value | CURE.IV |
| Bloomberg Index Symbol | IXV |
| CUSIP | 25459Y876 |
| ISIN | US25459Y8764 |
| Gross Expense Ratio | 1.21% |
| Net Expense Ratio | 0.95%* |
| Inception Date | Jun 15, 2011 |
Overview
The Daily Healthcare Bull 3x Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Health Care Select Sector Index. There is no guarantee the fund will meet its stated investment objective.
This leveraged ETF seeks a return that is 300% the return of its benchmark index for a single day. The fund should not be expected to provide three times the return of the benchmark’s cumulative return for periods greater than a day.
This leveraged ETF seeks a return that is 300% the return of its benchmark index for a single day. The fund should not be expected to provide three times the return of the benchmark’s cumulative return for periods greater than a day.
Performance
NAVs and market price information as of November 24, 2014
| All data as of 10/31/2014 | ||||||||||||
| Ticker | Fund Name | 1 Mo % | 3 Mo % | YTD % | 1 YR % | 3 YR % | 5 YR % | 10 YR % | Since Inception | Inception Date | Expense Ratio* (Gross/Net %) | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CURE | Daily Healthcare Bull 3x Shares | NAV | 14.81 | 32.62 | 71.99 | 100.25 | 96.12 | 71.22 | 1.21 / 0.95* | |||
| Market Close | 14.92 | 32.69 | 71.80 | 99.16 | 94.06 | 71.21 | ||||||
From WallStreet Scope Nov 7
Direxion Daily Healthcare Bull 3X ETF (CURE) of the Financial sector (Exchange Traded Fund) lost -2.75%, a change from open of -3.5700% ($-3.23 per share) at the close of the normal trading day Friday with a volume of 95712 shares. Direxion Daily Healthcare Bull 3X ETF (CURE) ended the day at $117.43 with a market cap of , insider ownership of , volume of 095,712 and a weekly performance of 2.84%. Direxion Daily Healthcare Bull 3X ETF (CURE)’S monthly performance stands at 13.27% and Direxion Daily Healthcare Bull 3X ETF (CURE) is considered a stock to watch for the upcoming trading day.
Here is a chart made after the close on Tuesday Nov 25, you can see that this stock has had a long advance and is still very strong.
In fact, the Relative Strength Factor for this ETF is 99.6
I want to draw your attention to the Point and Figure chart for this instrument, you will see a Bullish Price Objective of $215.00
This ETF is certainly deserving of a place in your watchlist and may well become a part of your trading strategy.
Good Trading..!
Some additional information on the Relative Strength Factor
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