$Direxion Daily S&P 500 Bear 3X Shares ETF (SPXS.US)$
What is the point of this S&P, is it true it go up when the the market in red?
Sorry for the stupid question, I am new.

Happy trading, it is Tuesday, September 17th. The market climbed, and the S&P 500 hit an all-time Tuesday just past 10:45 am ET, one day before the most exciting FOMC monetary policy meetings for years, with investor hype expecting at least the first 25 bp rate cut -0.25%.
My name is Kevin Travers; here are stories about the U.S. stock market today.
$Hewlett Packard Enterprise (HPE.US)$ rose 6%, the highest on the S&P 500 after Ban...