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Hong Kong’s Day Traders Chase Leveraged ETFs After US Tech Boom
Yahoo Finance· 2025-09-17 01:00
When Pat Miao walked away from her Hong Kong office job this summer, she gained something else: time to trade in one of Wall Street’s wildest corners. The 30-year-old now wagers on funds that offer double or triple the daily returns of popular US tech stocks such as Tesla Inc. Leveraged exchange-traded funds, once the preserve of professional speculators given their ability to amplify both gains and losses, are gaining traction among retail investors in Hong Kong. While some, like Miao, trade US-based pr ...
Clashing Opinions Deliver Ample Trading Grounds For Direxion's TSLA Bull And Bear ETFs
Benzinga· 2025-03-20 12:01
Although few would doubt the genius of Tesla Inc TSLA CEO Elon Musk, even the world's richest man is not immune to severe – and potentially crippling – criticism. Due to significant headwinds impacting the electric vehicle manufacturer, Musk's net worth suffered a sizable erosion. As such, the volatility in TSLA stock has raised serious questions about the underlying company's path forward.Worryingly, in the European market, Tesla's sales shockingly plunged 45% in January. Even more conspicuous, during the ...