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Financial Strength In One Chart

Published 07/18/2013, 12:26 PM
Updated 07/09/2023, 06:31 AM

If you want a breathtaking view of how much financial stocks have strengthened, look no further than the chart of Direxion Daily Financial Bull 3X Shares (FAS) below, which is the triple-bullish ETF. The interesting thing is that one didn’t have to be lucky enough to buy it in the depths of the financial crisis for a bargain price. It was actually very depressed in October 2011, only a year and a half ago. Since then, it’s up 345%. I won’t show its opposite, here -- symbol FAZ -- but it basically looks like a ski slope since its inception.
Direxion Daily Financial Bull 3X Shares

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