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Sounding the AI alarm, Grantham says to flee U.S. equities before epic crash
Seeking Alpha News (Fri, 26-Jun 6:30 AM ET)
The Daily S&P 500 Bull 2x Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the S&P 500 Index.
Direxion Daily S&P 500 Bull 2X ETF trades on the ARCA stock market under the symbol SPUU.
As of June 29, 2026, SPUU stock price climbed to $212.00 with 21,966 million shares trading.
SPUU has a beta of 2.00, meaning it tends to be more sensitive to market movements. SPUU has a correlation of 1.00 to the broad based SPY ETF.
SPUU has a market cap of $250.85 million. This is considered a Small Cap stock.
In the last 3 years, SPUU traded as high as $223.49 and as low as $77.30.
SPUU has outperformed the market in the last year with a return of +40.1%, while the SPY ETF gained +22.3%. In the last 3 month period, SPUU beat the market returning +30.2%, while SPY returned +15.2%. However, in the most recent 2 weeks SPUU has underperformed the stock market by returning 0.0%, while SPY returned +0.2%.
SPUU support price is $201.86 and resistance is $210.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPUU shares will trade within this expected range on the day.
