NYSEARCA:DRIP
Direxion Dly S&P Oil&Gs Ex&Prd Br 3X ETF News
$8.44
+0 (+0%)
At Close: Apr 26, 2024
FERC 2020 Oil Pipeline Index Review: Nonevent Or Headache?
08:00am, Wednesday, 24'th Jun 2020
The impact of the March 2018 policy revision from the FERC has largely played out, except for the impact on oil pipelines. FERC indicated in 2018 that it would
Can Hard-Hit U.S. Oil Resume Exports To China?
01:18am, Wednesday, 24'th Jun 2020
Before the pandemic, China was the second-largest market for American oil exports, after Canada. However, as the Chinese market shrunk, US companies diverted oi
Large Increase In Crude Oil Flows From USA To China While Korean Imports Fell Sharply
07:52am, Thursday, 18'th Jun 2020
China's imports of US crude oil are expected to hit record-high levels in July with cargoes shipped in May having surpassed 550,000 b/d. Flows from the USA to S
Oil Bear ETFs Dig Claws in at Chart Support
01:48pm, Wednesday, 20'th May 2020
Here's why energy stocks may come under pressure in the month ahead. Trade a pullback with these three inverse ETFs.
USO, UCO, LABU and ITB among weekly ETF movers
09:13pm, Friday, 01'st May 2020
Gainers: Direxion Homebuild & Suppliers Bull 3X (NYSEARCA:NAIL) +32.00%.Direxion S&P Biotech Bear 3X (NYSEARCA:LABD) +19.7%.Latin America Bull 3X Direxion (NYSEARCA:LBJ) +18.7%.Microsectors U.
ERX And Others Trim Exposure- NRGU And NRGD Are Still Triple Leveraged Products
12:29pm, Friday, 01'st May 2020
Leverage in a highly volatile environment presents lots of challenges. ERX, ERY, GUSH, and DRIP go from triple to double leveraged products. NRGU and NRGD conti
Outlook For Energy Unchanged
10:08am, Thursday, 30'th Apr 2020
Oil producers likely underestimated the effects of the demand crunch happening at the same time as their supply bids. While agreements to cut oil production may
Energy demand set to fall most on record
08:11am, Thursday, 30'th Apr 2020
The International Energy Agency forecasts that global energy demand will fall 6% in 2020, seven times more than during the 2008 financial crisis and the biggest Y/Y percentage drop since WWII (in abso
Trump set to unveil bridge loans, emergency lending for oil firms
01:54am, Thursday, 30'th Apr 2020
The Trump administration may announce as soon as tomorrow a plan to offer loans to the oil industry that has been ravaged by a historic drop in prices, possibly in exchange for a financial stake, Bloo
Energy stocks extend rally as crude jumps 30%-plus
03:31pm, Wednesday, 29'th Apr 2020
Oil and gas names (XLE +5.9%) soar to the top of today's S&P sector leaderboard, as crude oil runs to highs of the day after U.S. stockpiles rose by 9M barrels for the week ending April 24, well b
Oil Update - April 2020
09:19am, Tuesday, 28'th Apr 2020
I expect volatility to subside somewhat, but I don't know that anyone can provide any guidance at this point with any confidence. That said, consider oil compan
U.S. crude settles below $13/bbl as rising glut scares investors
07:27pm, Monday, 27'th Apr 2020
Crude oil prices (CL1:COM) reverse their rebound from late last week, with June WTI settling -24.5% to $12.78/bbl for its second lowest settlement on record, while June Brent finished -6.7% to $19.99/
Trump administration weighs taking equity stakes in U.S. energy firms
10:55pm, Friday, 24'th Apr 2020
Treasury Secretary Mnuchin says the government is considering taking equity stakes in U.S. energy companies to try to boost the beleaguered oil and gas sector amid the coronavirus crisis.Mnuchin says
Apache leads energy stocks higher as oil prices surge for second day
04:19pm, Thursday, 23'rd Apr 2020
Energy stocks (XLE +4.6%) sprint to healthy gains, pacing the S&P's 11 sectors, as June WTI crude oil prices spike 30% to highs of the day.Three of today's top five winners on the S&P 500 are
Oil names surge as Trump's Iran warning lifts crude
03:24pm, Wednesday, 22'nd Apr 2020
Energy (XLE +3.1%) is easily the day's strongest sector in a rising broader market, as WTI crude oil jumped as much as 40% after Pres. Trump said he ordered the U.S. military to destroy Iranian vessel