DPST bullish A lower interest rate means more money for the regional banks.
DPST to the moon
This is not a financial advice.
Key stats
About Direxion Daily Regional Banks Bull 3X Shares
Home page
Inception date
Aug 19, 2015
Structure
Open-Ended Fund
Replication method
Synthetic
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
DPST provides a way for investors to take a 3x leveraged bullish exposure to an equal-weighted index of US regional banks. The fund specifically holds securities from the S&P Total Market Index that are classified under the regional banks sub-industry according to GICS. Its equal-weighting scheme lowers concentration thus, reducing single-name risk. As a geared product with daily resets, DPST is designed as a short-term trading tool and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding. Prior to December 1, 2016, DPST tracked the Solactive US Regional Banks Index.
Classification
What's in the fund
Exposure type
Finance
Cash
Stock breakdown by region
DPST a triple leveraged bullish ETF for Regional Banks LONGWhile tracking regional banks DPSt had a bad time in the spring with the
small and regional bank failures/rescues and the federal actions to buttress the faith of
citizens in them. There has been no runs on the banks. Larger banks may be taken
some business from small banks sattled with secu
DPST- Banks will thrive if rate hikes are over LONGDPST is shown here on the 15- minute chart- This triple leveraged bank stock hit
a double bottom in late June and early July with a double bounce from the lines one
standard deviation below the mean VWAP lines anchored at pivots in mid-May. These
lines provide dynamic support and resistance u
DPST Long as the banking sector stabilizesDPST was down in April, consolidated in May and is now parabolically rising and had a price split
in recent days.On the one hour chart, price is rising along the quickly after a pivot on June 1.
Price is well above the POC line of the intermediate term volume profile showing buyer strength
The r
Give this thing 90 days, where will it be?DPST retesting its exhaustion candle. Makes for a good long term hold
See yinn for an example akin to this
and maybe labu
the reality is things arent selling off, and even if they do, im okay with this.
DPST | Regional Banks Oversold | BounceThe fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is a modified equal-
Banks doing well with inflation and interest rates??there is a gap to fill and money to be made only question is the leap play worth it since it moves so slow
Short Banks - Regionals TumbleYearly analysis of DPST, which tracks KRE with 3x leveraged expsoure.
My grand idea to build up savings last year was to buy DPST around $58, and hold until $200.
Though I sold earlier than my plan intended to due to problems outside of my control, DPST eventually did make record gains to $200+.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.