Crash Market Stocks - Financial Tips On Making Money In The Stock Market

Early in November, Direxion launched their new 3X leveraged ETF funds available to be traded on the NYSE. With the huge increase in popularity in the 2X Proshares funds that we discuss frequently on this site, it will most certainly be the same fate for these new 3X funds, even though volume still remains rather low. However, everyday they are trading more and more. These funds, played the right way, can bring significant gains especially as we grow closer to finding a bottom. So, I thought I would go through the different funds and let you know what is now available, for you risky traders.

FAS - Financials 3X Bull
FAZ - Financials 3X Bear
TNA - Small Cap 3X Bull
TZA - Small Cap 3X Bear
BGU - Large Cap 3X Bull
BGZ - Large Cap 3X Bear
ERX - Energy 3X Bull
ERY - Energy 3X Bear

As I have said before, in relation to these funds, I am still hesitant to trade them, because of their low volume. Also, they are on the riskier side that I am usually comfortable with. However, FAZ, being under $60, with the increase in volume of trading it has been receiving, is beginning to become more and more appealing to me. I am going to wait out this next week to see how we deal with GM, but this could be a pick up for me in the future.

Look for these ETFs to pick up in popularity as time goes on and our volatility continues to go up. The Proshares funds started out in a similar way, and have grown immensely in popularity in the recent months. So here they are. Watch and trade at with caution, for these funds can make or break you in one day. We should see some other 3X funds hit the market shortly as well. The expense ratios on these are anywhere from .94-1.02. This is comparable to Proshares, considering the increased 3X leverage. I hope everyone had a good holiday weekend and is ready for the new week. It should be an interesting one. We'll see everyone tomorrow. Happy Trading.