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Direxion Daily Small Cap Bull 3X Shares Declares Quarterly Distribution of $0.1529
'Stick With What's Working' as Markets Head Into June Trade: Fundstrat's Tom Lee
Direxion Daily Small Cap Bull 3X Shares Declares Quarterly Distribution of $0.0264
Economists Warned of Looming Signs of Reflation, And Red Sea Attack Is Not the Only Reason
The continued impact of the recent Red Sea incident has aroused alarm about reflation. One reason for lower inflation in 2023 is the high base effect from the previous year, which may not be the case in 2024. The easing of the financial conditions index and record-high housing prices are the latest signs of inflation accelerating.
S&P 500 Valuation: Expensive by Historical Standards Yet Relative Improvement Noted
Today's U.S. stock market valuations are among the priciest on record. However, when considering the context of the market's peak in early January 2022, stocks may present relatively better value now.
Wall Street Veteran Voices Confidence in Undervalued Small-Caps and Forecasts a 50% Rally in 2024
In the past two months, investors have piled into the space, propelling the Russell 2000 index up 25% from its October lows.
10baggerbammOP : Tom Lee was just on he's saying a 40% increase in the Russell by the end of the summer so I believe what Tom Lee says most of the time if you believe him on this trade then you need to be buying TNA here at $43.81 because a 40% increase on the Russell would put this basket of stocks at over $120
so buying a January 60 call for about $3.25 would be the trade.
10baggerbammOP : I just bought the January 60 calls. again I'm not 100% sold on this rotation I'm really not I listed my viewpoint because you need to have rate cuts of 150 basis points to 200 before the small caps realize any benefit on their books from refinancing their debt. that being said I believe in Tom Lee I believe there's a lot of people that are smarter than myself and he is one so I bought 50 contracts.. the January 60 calls 2025.. so let's see what happens.