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Benzinga
Benzinga
Business
Surbhi Jain

Shopify And Lockheed Martin: New Direxion ETFs Turn Daily Moves Into Trading Ammo

Crypto,Trader,Investor,Broker,Using,Smartphone,App,Analyzing,Financial,Data

Whether you're watching flash sales or flashpoints, there's now a high-octane ETF for that. Direxion just launched four new single-stock ETFs targeting two very different beasts: e-commerce disruptor Shopify Inc (NASDAQ:SHOP) and defense giant Lockheed Martin Corp (NYSE:LMT). And both are loaded for short-term tactical trading.

Track SHOP stock here, LMT stock here.

TikTok Carts Vs. Tactical Jets

In one corner: Shopify, the darling of digital storefronts and meme stock traders. In the other: Lockheed Martin, the heavyweight of global military contracts and defense sector rotations. On the surface, they couldn't be further apart—but both are magnets for news-driven volatility. That's exactly what Direxion is betting on.

The new ETFs—Direxion Daily SHOP Bull 2X ETF (NYSE:SHPU) and Direxion Daily SHOP Bear 1X ETF (NYSE:SHPD) for Shopify, Direxion Daily LMT Bull 2X ETF (NYSE:LMTL) and Direxion Daily LMT Bear 1X ETF (NYSE:LMTS) for Lockheed—let experienced traders juice their exposure to daily swings triggered by earnings, headlines, or even posts from Capitol Hill.

Read Also: US Defense Firms Face Tough Times As China’s Mineral Curbs Trigger Global Scramble For Critical Supplies: Report

Built For The Brave

These are not gentle, buy-and-hold tools. Direxion's single-stock leveraged and inverse ETFs are designed for traders who want to react fast and with conviction. That means no diversification, daily resets, and a strong stomach for sharp turns—whether it's a surprise Fed decision or a Middle East flare-up.

"Shopify and Lockheed represent opposite ends of the tactical spectrum," said Mo Sparks, Direxion's chief product officer. "But both are ideal for traders chasing big short-term moves."

From Sales Charts To Strike Zones

With these launches, traders now have precision tools to capitalize on Shopify's next e-commerce pivot—or Lockheed's next defense deal.

Whether you're betting on a cart checkout surge or a conflict-driven stock spike, these ETFs are locked, loaded, and anything but boring.

Read Next:

Photo: Shutterstock

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