Inflation Numbers Ahead Within the past five days, FAS went up 8% with the notion that traders are anticipating hawkishness with the Federal Reserve when it comes to interest rate policy. In particular, traders can look at the Direxion Daily Financial Bull 3X ETF (FAS). Today, traders are finding value in tech and embracing financials as global bond yields steadily increase.” FAS seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Russell 1000® Financial Services Index.