AAPD | Apple Stock Looks WEAK | ShortDirexion Daily AAPL Bear 1X Shares seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of AAPL. The fund, under normal circumstances, invests in financial instruments, including swap agreements and options, that, in combination, pro
Key stats
About Direxion Daily AAPL Bear 1X Shares
Home page
Inception date
Aug 9, 2022
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
AAPD is a short-term tactical tool that aims to deliver -1x the price return, less fees and expenses, for a single day of Apple stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -1x multiple. Aside from the inverse exposure, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
AAPD AAPL LONG (inverse) SETUPAAPL is pulling back today, and so setting up AAPD for a swing long.
As can be seen on the 15 minute chart, AAPD had a pullback for consolidation and is now showing
some green candles. The Williams alligator is showing divergence on the short time frame moving
averages. The RSI indicator toppe
AAPD ( APPLE BEAR !X ETF) for LONG SETUPNASDAQ:TSLA
NASDAQ:AAPD
AAPD is in a reversal from a swing low corresponding to an AAPL market top
AAPL recently completed a 30% since June 17th the YTD high of the SPY.
AAPD on the RSI color-coded candles is showing a reversal within the day.
I am expecting a 32 and 50 % retracem
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.