Direxion Daily AMZN Bull 2X Shares logo

Direxion Daily AMZN Bull 2X Shares (AMZU)

Market Closed
14 Sep, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
35. 66
-0.91
-2.4884%
$
334.15M Market Cap
1.01% Div Yield
1.71M Volume
$ 36.57
Previous Close
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Day Range
34.9 36.33
Year Range
24.54 47.14
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AMZU: Not The Right Time Unless Risk-Tolerance Is High

AMZU: Not The Right Time Unless Risk-Tolerance Is High

The article discusses the Direxion Daily AMZN Bull 2X Shares ETF as a leveraged play on Amazon Inc. The ETF has a relatively low yield and lackluster price performance compared to the underlying stock. My opinion is that investors should tread carefully and consider the risk-reward tradeoff before investing in AMZU, particularly now that AMZN seems to have hit a key resistance level.

Seekingalpha | 2 years ago