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Direxion Dly S&P Oil&Gs Ex&Prd Br 3X ETF News
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At Close: Apr 26, 2024
Why There's Less To This Oil Price Rally Than Meets The Eye
01:34pm, Friday, 03'rd Apr 2020
Spot crude oil prices have jumped about $5+ per barrel from the lows to Friday morning. However, the out months and years are coming down in price. This action
Crude oil +10% on hopes for end to Saudi-Russian spat
11:21am, Thursday, 02'nd Apr 2020
Crude oil (CL1:COM) cruises higher a day after Pres. Trump said he expected Saudi Arabia and Russia would reach a deal soon to end their oil price war and Russia's Pres. Putin called for cooperation a
U.S. shale could wind up a winner in oil war, Goldman analyst says
10:42pm, Wednesday, 01'st Apr 2020
The U.S. shale industry's high-pressured wells and short drilling time mean the group is well positioned to benefit if the current oil price plunge causes long-term damage to production capacity, resu
Change in Investment Objectives and Strategies of Ten Daily Leveraged and Daily Inverse Leveraged Funds
12:35pm, Wednesday, 01'st Apr 2020
The investment objective and strategy of each fund in the table below is to now seek daily leveraged, or daily inverse leveraged, investment results, before fees and expenses, of 200% or -200%, as app
Energy shares rise as U.S, Russia agree to oil market talks
04:19pm, Tuesday, 31'st Mar 2020
The energy sector (XLE +4%) takes an unaccustomed spot at the top of the S&P sector leaderboard, as U.S. oil futures firm with Pres. Trump and Russia's Pres. Putin agreeing to talks aimed at stabi
Ten Funds Underexposed at Market Open
12:33pm, Tuesday, 31'st Mar 2020
Due to recent market volatility and related developments, 10 funds will be underexposed to the market today. At market open, each fund will have the following exposure. This reduced exposure is for to
Insights At A Glance: Is Rising Demand For Crude Storage A Silver Lining For MLPs And Midstream?
12:00pm, Tuesday, 31'st Mar 2020
With oil demand diving, plentiful production, and the oil futures curve in steep contango, storage has become a hot topic. Reports are already indicating that a
Crude oil plunges to 18-year low as global demand dries up
07:20pm, Monday, 30'th Mar 2020
U.S. crude oil (CL1: COM) settled at its lowest level since February 2002, -6.6% to $20.09/bbl, as analysts forecast that quarantine measures are leading to the biggest-ever decline in oil demand.Bof
Week 14 MDA Breakout Forecast: Short-Term Picks To Give You An Edge
07:37pm, Saturday, 28'th Mar 2020
Two sample Breakout Stocks for Week 14 with better than 10% short-term upside potential. The MDA Breakout portfolio is up +11.10% YTD compared to the S&P 500 -2
Direxion Is Accelerating The Shifts Of 10 ETFs From 3x Leverage To 2x Leverage As Volatility Remains High
08:54pm, Friday, 27'th Mar 2020
Direxion is dramatically altering the time frame for shifting 10 of its geared exchange traded funds to double from triple leverage, saying that those changes will go into effect after the close of U.
Direxion Expedites the Change in Investment Objectives and Strategies of Ten Daily Leveraged and Daily Inverse Leveraged Funds
08:42pm, Friday, 27'th Mar 2020
/PRNewswire/ -- The investment objective and strategy of each Fund in the table below is currently to seek daily leveraged, or daily inverse leveraged,...
EPA to step back from enforcing environmental laws during outbreak
02:56pm, Friday, 27'th Mar 2020
The Environmental Protection Agency says it will ease enforcement of a range of legally mandated public health and environmental protections, saying industries could have trouble complying with them d
Cooperman buys energy
12:55pm, Friday, 27'th Mar 2020
Making an appearance on CNBC, hedge-funder Leon Cooperman says his largest "out-of-consensus" bet is on energy (NYSEARCA:XLE). "A lot of these stocks are selling at a fraction of underlyin
Oil slides back toward last week's lows but energy names extend rally
03:05pm, Thursday, 26'th Mar 2020
U.S. crude oil drops (CL1: COM) following three days of gains, with worries over rapidly dwindling demand due to coronavirus travel bans and lockdowns outweighing effects of the $2T U.S. emergency st
Direxion Ratchets Down Geared ETFs
08:00pm, Wednesday, 25'th Mar 2020
The issuer is closing some ETFs and changing the leverage exposure on others.