Other Diversified Financial Services

Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) dropped 28.87% on Tuesday, and it closed at $14.81. In the real estate space, Simon Property Group, Inc (NYSE: SPG) gained 11.37% in the regular trading session, but it lost 2.35% in the after hours. Direxion Daily Financial Bear 3X Shares(ETF...

Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) jumped 28.91% on Tuesday, and closed at $47.17. In the real estate space, First Industrial Realty Trust, Inc. (NYSE: FR) gained 19.72%, and Simon Property Group, Inc (NYSE: SPG) added 11.37%. Direxion Daily Financial Bull 3X Shares(ETF) (NYSE:...

The SP500 opened below and then closed solidly above strong support at the August 2010 swing high of 1129.24 with a low today of 1101.54 just 10.04 points above the 2010 S1 pivot of 1091.50.  The conclusion is that wave 3 of (C) is done and wave 4... Go to http://SwingTradingDaily.com for full...

This afternoon, Bank of America (NYSE: BAC) CEO Brian Moynihan told CNBC that when it comes to the challenge of raising capital, "What we've been doing is generating earnings, continuing to reposition the balance sheet by selling off non-core businesses." When asked about its venture in China,...

If at first you don't succeed, repeat yourself. During an interview with CNBC this afternoon, Bank of America (NYSE: BAC) CEO Brian Moynihan made it clear that the company is going to "keep doing what we've been doing for the last 18 months." Moynihan, who insisted that Bank of America has a "...

Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 344,930 contracts, 49.8% calls, 50.2% puts 2. Citigroup Inc. (NYSE: C) 244,700 contracts, 46.8% calls, 53.2% puts 3. Apple Inc. (NASDAQ: AAPL) 195,542 contracts, 60.9% calls, 39.1% puts 4. Microsoft Corp. (NASDAQ: MSFT...

All eyes will be on the Federal Reserve Bank Chairman Ben Bernanke this afternoon as the central bank holds their FOMC meeting. The Bernank now holds a press conference where he will take questions from reporters. Every investor is now waiting to see if the Fed boss will talk about a possible QE-3...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that CNH Global (NYSE: CNH) is a “bullish agricultural play and I say OK." For Bank of America (NYSE: BAC), he said, "I don't like the financials. It doesn't matter which one you mention, I don't like any of them." Cramer said that...

Direxion Daily Russia Bull 3x Shares (NYSE: RUSL) led the decliners among the ETFs on Monday, with a decline of 33.54%. RUSL closed at $23.01, and it had a volume of 101K traded shares. Direxion Daily Financial Bull 3X Shares(ETF) (NYSE: FAS) dropped 27.64%, and closed at $12.46. Bank of America...

VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) traded 28.59% higher on Monday. This was the fifth trading session in a row that TVIX closed in the positive territory. Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) spiked 27.84%, and closed at $79.73 today. In the space, Bank of...

The U.S. Treasury pointed out a $2 trillion mistake that S&P made in assessing the U.S. credit, and ultimately downgrading it to AA+. Glad to see none of these guys passed basic arithmetic and they are rating government debt. 45,000 workers at Verizon Communications (NYSE: VZ) went on strike...

There is nothing but selling taking place at this time. Stocks are being sold with a vengeance. This tells us that there are a few large financial institutions that have been caught on the wrong side of this market. In the past, when a major hedge fund or prop desk was under water on a position the...

I'll bet Facebook and Zynga are glad they haven't gone public yet. LinkedIn (NYSE: LNKD) is among the many tech companies taking significant losses following today's unparalleled crisis. As of this writing, the popular social networking has been hit by an 18% decline. Granted, LinkedIn was...

Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 293,912 contracts, 36.9% calls, 63.1% puts 2. Apple Inc. (NASDAQ: AAPL) 147,081 contracts, 65.3% calls, 34.7% puts 3. JP Morgan Chase (NYSE: JPM) 92,672 contracts, 41.8% calls, 58.2% puts 4. Citigroup Inc. (NYSE: C)...

Excuse me, institutional shareholders, how are you feeling about your Bank of America (NYSE: BAC) position? When you bought in, you probably thought you were getting a nice bargain, right? The stock has been trading significantly below book value for a very long time. Heck, the smartest hedge fund...