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If you closed Thursday with $10,000 in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL), you opened the weekend with about $8,000.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Farther Finance Advisors LLC cut its stake in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 53.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,392 shares of the exchange traded fund's stock after selling 5,102 shares

Apple Inc. (AAPL) announced Monday that Tim Cook will transition to executive chairman, while John Ternus will become CEO effective September 1. Ternus has served as senior vice president of hardware engineering since 2021.

Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL - Get Free Report)'s share price passed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $102.39 and traded as high as $134.62. Direxion Daily Technology Bull 3X Shares shares last traded at $134.18, with a volume

Direxion Daily Technology Bull 3X ETF offers leveraged exposure to leading technology stocks, magnifying both gains and losses. Tech stocks corrected sharply in Q1 2026, but historical patterns suggest buying dips has been optimal, with TECL rebounding 33% after the Q1 low. TECL's momentum and dividend yield are strong, but time decay and high risk require disciplined use of stops and profit-taking strategies.

The Direxion Daily Technology Bull 3X ETF offers 3x daily exposure to the Technology Select Sector Index, suitable for short-term trading amid heightened volatility. Recent sector headwinds include software weakness from AI disruption fears and semiconductor supply risks tied to helium shortages following geopolitical events. I expect short-term trading opportunities in TECL as macroeconomic and geopolitical signals drive sharp price movements, especially around earnings and supply chain updates.
