Curated News
By: NewsRamp Editorial Staff
April 23, 2025
Direxion Expands Trading Tools with New ETFs Tracking Boeing and Exxon Mobil
TLDR
- Traders gain amplified exposure to Boeing and Exxon Mobil through new leveraged ETFs from Direxion, enhancing potential profits.
- Direxion's new funds offer focused exposure to single stocks, allowing active traders to express short-term convictions through leveraged ETF pairs.
- Direxion's innovative trading tools empower experienced traders to navigate market volatility and capitalize on short-term opportunities for financial growth.
- Direxion's expansion into leveraged ETFs for Boeing and Exxon Mobil introduces exciting possibilities for active traders seeking amplified exposure in the market.
Impact - Why it Matters
This news matters as it introduces innovative ETF products tailored for active traders seeking amplified exposure to specific stocks. The launch of these new funds provides traders with a unique opportunity to express short-term convictions on The Boeing Company and Exxon Mobil Corporation. It showcases Direxion's commitment to offering cutting-edge solutions for traders in the dynamic market environment.
Summary
Direxion, a leading provider of ETFs, has launched four new funds tracking the performance of The Boeing Company and Exxon Mobil Corporation. These funds offer amplified exposure to BA or XOM via Daily Leveraged & Inverse ETFs.
Designed for active traders, these ETF pairs are built for short-term trading and are not intended for long-term investing. The products track the price of a single stock, providing focused exposure for traders to express their short-term convictions on both Boeing and Exxon Mobil.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Direxion Expands Trading Tools with New ETFs Tracking Boeing and Exxon Mobil
