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Eli Lilly, Palo Alto Networks Traders Take Note: Direxion's New Leveraged ETFs Are Here
Benzinga· 2025-03-26 13:25
Group 1 - Direxion has launched four single-stock leveraged and inverse ETFs focused on Eli Lilly & Co and Palo Alto Networks Inc, providing traders with tools to amplify their investments or hedge against market downturns in the pharmaceutical and cybersecurity sectors [1][2] - Eli Lilly is recognized for its leadership in healthcare innovation, while Palo Alto Networks is a leader in cybersecurity, making them suitable candidates for leveraged trading [2] - Recent performance shows Eli Lilly has increased by 9.99% over the past year but decreased by 6.85% in the last month, whereas Palo Alto Networks has risen by 32.51% year-over-year with a slight gain of 0.21% in the past month [3] Group 2 - The newly introduced ETFs are designed for short-term trading strategies and are not suitable for buy-and-hold investors due to their high volatility and risk [4] - These leveraged and inverse funds track individual stocks rather than indices, which contributes to their increased risk profile [4] - For high-risk tolerant traders, Direxion's ETFs present an opportunity to engage with fast-moving stocks using leverage [4]
BexBack: No KYC for New Users, Double Deposit Bonus & 100x Leverage Crypto Trading
Globenewswire· 2025-02-27 15:00
Core Insights - Bitcoin's price is currently fluctuating below $100,000, leading analysts to predict a prolonged period of high volatility in the crypto market, making 100x leverage futures trading a preferred tool for seasoned investors [1] - BexBack Exchange is enhancing its offerings with promotional packages, including a 100% deposit bonus, a $50 welcome bonus for new users, and 100x leverage on cryptocurrency trading [1] Group 1: 100x Leverage Trading - 100x leverage allows traders to open larger positions with less capital, significantly increasing potential profits; for instance, a 1 BTC long contract at $100,000 can yield a profit of 5 BTC if the price rises to $105,000 [2] - The use of 100x leverage can lead to a yield of up to 500% under favorable market conditions [2] Group 2: BexBack Exchange Features - BexBack offers a 100% deposit bonus, which can effectively double the initial investment; for example, an initial investment of 2 BTC can increase profits to 10 BTC, resulting in a 1000% return on investment [4] - The deposit bonus cannot be withdrawn directly but can be utilized to open larger positions, providing extra margin during market fluctuations to reduce liquidation risks [5] - BexBack is a leading cryptocurrency derivatives platform offering 100x leverage on various cryptocurrencies, including BTC, ETH, ADA, SOL, and XRP, and is trusted by over 500,000 traders globally [6] Group 3: Advantages of BexBack - BexBack allows immediate trading without complex identity verification, enhancing user convenience [8] - The platform features a demo account with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading [8] - BexBack provides 24/7 customer support and has no deposit fees, ensuring a user-friendly trading experience [6][9]