Direxion Dly S&P Oil&Gs Ex&Prd Br 3X ETF News

Oil prices soared to stratospheric levels following fears of a potential supply crunch after Russia's invasion of Ukraine. Now, prices are coming back down to earth as big players like hedge funds are

As oil and gas company stocks rallied on the surge in crude prices, short-sellers have been betting against the energy sector. Exchange traded fund traders can also turn to inverse or bearish strategi

Oil had its worst trading day on Wednesday since November as prices dropped 12%. As CNBC reports, the United States is looking into alternate sources of production amid the Russia-Ukraine conflict.

Plus, a number of ETF changes took place during the week.

Two funds in Direxion's range of ETFs will have reverse splits after the close of business on March 25, multiplying each funds' share price tenfold. The one-for-ten split will impact the Direxion Dail

Canada''s Challenger Bank Also Announces Agreement to Acquire Concentra Bank TORONTO , Feb. 7, 2022 /CNW/ - Equitable Group Inc. (TSX: EQB ) (TSX: EQB ) (Equitable) today reported record fourth quarter and annual earnings for the periods ended December 31, 2021 , as Equitable Bank (the Bank or Canada''s Challenger Bank) outperformed its ambitious key performance targets while driving change in Canadian Banking to enrich people''s lives. Equitable''s Board of Directors also approved a 51% increase in the quarterly dividend to $0.28 per common share or $1.12 annualized from the current quarterly rate of $0.185 per share or $0.74 per share annualized. Assets under management +17% to $42.0 billion 2021 total loan originations +39% y/y to $14.0 billion, Q4 loan originations +19% to $3.8 billion Conventional loans +31% y/y to $21.1 billion Single family alternative +30% y/y to $14.4 billion Reverse mortgage assets +325% y/y to $247 million Commercial Finance Group +22% y/y to $3.9 billion, Specialized lending +122% y/y to $646 million and equipment leasing +31% y/y to $733 million EQ Bank topped annual targets Customers +44% y/y to 250,000+ Deposits +53% y/y to $7.0 billion, topping 2021 annual target of +30-50% growth Continued strong capital ratios CETI ratio 13.3%, 0.3% above target representing $1.31 per share of excess capital Best ever quarter for Equitable Q4 earnings +12% y/y to $80.1 million, diluted EPS +11% to $2.29 Q4 ROE 17.0% Operating leverage positive at 1.6% q/q Annual earnings ahead of target 2021 earnings +31% y/y to $292.5 million, diluted EPS +29% y/y to $8.36 2021 ROE 16.7% compared to 15% - 17% target Book value per share +18% to $55.24 2021 Efficiency ratio 40.5%, within 39-41% range Leading 10-year value creation among peer banks Total shareholder return 2011-2021 +540% ROE average 16.6% EPS growth average 15.7% "Over the course of 2021, we gained significant momentum by enhancing the financial services that Canadians rely on every day.

DRIP is an ETF that seeks daily investment results of 200% of the inverse of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index.

The SPDR S&P 500 ETF Trust (NYSE: SPY) had a great year in 2021, gaining 27.4% on the year. But not all market sectors and investment themes delivered equal performances. Benzinga took a look back at

Wall Street was downbeat last week with all notable U.S. indexes being in the red. Rising inflation, hawkish Fed and fast-spreading Omicron variant of COVID-19 led to this bloodbath.

Wall Street was downbeat last week with all notable U.S. indexes being in the red. Rising inflation, hawkish Fed and fast-spreading Omicron variant of COVID-19 led to this bloodbath.

Two new sample breakout stocks for Week 29 with better than 10% short-term upside potential. New ETF/ETN forecast section has been added. This past week the peak gains were in ATOS +26.6% and FUV +5.8

The last week was extremely upbeat for Wall Street with the S&P 500 and the Dow Jones at record highs.

The good news for oil investors is that the price of a barrel of oil has stabilized around the $35-$40 area, a far cry from the brief foray into negative territory in April.  The bad news, well, ever

Petroleum is used as feedstock to make everyday products, ranging from products large and small, recreational and essential.

Members of my service were alerted to the new Negative Momentum Gauge® signal in the first week of September.