Daily Finan. Bull 3X Shs(ETF):Daily Finan. Bull 3X Shs(ETF)(FAS) is closed near $10 on Wednesday. FAS will have support located at $90 and resistance located at $100 & $109. FAS is a strong buy below $90 with tight stop.
Direxion Daily Financial Bear 3X Shares (FAZ):FAZ has resistance area is $25 and next support area is $20.FAZ is buy as long as hold $20 area but all depend on market condition. Here is blow chart when to buy FAS/FAZ.
Below the stocks are Top 10 holdings in the basket - Stocks that are in FAS/FAZ. All those stocks will trading with FAS & FAZ.
Goldman Sachs Group, Inc. (GS)
JPMorgan Chase & Co.( JPM)
Bank of America Corp. (BAC)
The Bank of New York Mellon Corporation (BK)
Morgan Stanley MS - Russ 1000 Financial Indx Swap
Travelers Companies Inc (The) TRV
U.S. Bancorp (DE) USB - VISA INC. V
Wells Fargo & Co. (WFC)