The Xander Zone! Triple X ETF’s are Here!

Familiar with the cult movie XXX? No, it’s not some sort of porn movie, but an action packed adventure starring Vin Diesel. The plot of the movie was about an extreme sports enthusiast who got drafted by the U.S. Government for a dangerous mission overseas. Rob Cohen, director of the original, is in talks with Diesel to bring back Xander Cage as XXX in a sequel. Wouldn’t that be cool? Wait, back to investments, and why the fuss about a movie most people never saw?

Because Direxion Shares launched 8 new ETFs today that move either three times the benchmark good or bad in a handful of sectors and styles.

I wrote a few weeks ago about how leveraged ETFs make me think of explosives, but now that I have 3x the leverage available, I get to recall Xander Cage quotes. And boy o boy, they are so apropos regarding what you get when you trade these beauties. Check em out:

Xander Cage: I wish I had a camera.
Yelena: Why?
Xander Cage: ‘Cause this is gonna be one hell of a trick.

Xander Cage: I like anything fast enough to do something stupid in.

Xander Cage: Dude, you have a bazooka. Stop thinking Prague Police and start thinking Playstation. Blow !@#$^ up!