Direxion Debuts 3X High Beta, Internet Stock ETFs

Direxion debuted four new 3X leveraged ETFs on Thursday designed to be a dynamic way for tactical traders to gain access to key parts of the equity market that either systematically look to capture a high volatile basket or to take advantage of the internet industry’s potential for booms and busts. The Direxion Daily S&P 500® High Beta Bull and Bear 3X Shares (NYSEArca: HIBL/HIBS), and the Direxion Daily Dow Jones Internet Bull and Bear 3X Shares (NYSEArca: WEBL/WEBS) seek to achieve 300%, or 300% of the inverse, of the…

ProShares Adds Pair of New ETFs to its Dividend Growth Suite

ProShares added two new ETFs to its dividend growth suite on Thursday, one focusing on U.S. technology and the other on the Russell 3000, which represents the total U.S. market. With eight ETFs—including its flagship fund NOBL—and over $7 billion in assets under management as of November 7, 2019, ProShares’ dividend growth ETF lineup is the largest of any ETF provider. The expansion of the lineup reflects ProShares’ belief in the value of dividend growth strategies for long-term investors. Michael Sapir, co-founder and CEO of ProShare Advisors, LLC, the advisor to ProShares,…

Can Sea Water Desalination Save The World?

Date: 2019-10-16 16:35:26 Today, one out of three people don’t have access to safe drinking water. And that’s the result of many things, but one of them is that 96.5% of that water is found in our oceans. It’s saturated with salt, and undrinkable. Most of the freshwater is locked away in glaciers or deep underground. Less than one percent of it is available to us. So why can’t we just take all that seawater, filter out the salt, and have a nearly unlimited supply of clean, drinkable water? »…