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Direxion Daily Energy Bull 3X ETF News

$67.87
+3.22 (+4.98%)
At Close: May 31, 2024
AI may have the limelight, but it's not the only trade in town worth considering. Despite the ongoing news surrounding the energy transition to cleaner sources, fossil fuels continue to push higher as

Pick Leveraged ETFs to Tap Surging Oil Prices

12:01pm, Tuesday, 09'th Apr 2024
Investors could tap the bullish trend in the oil price with the help of leveraged ETFs to make quick profits, as these could see huge gains in a very short time frame compared to simple products.

ERX: Turbocharging The XLE

04:46pm, Monday, 08'th Apr 2024
Crude oil prices have posted double-digit percentage gains in 2024 after falling in 2023. The Energy Select Sector SPDR® Fund ETF, XLE, has experienced a double-digit percentage gain in 2024, indicat
Energy was the worst-performing sector in the commodities market in 2023, with a decline of 21.85%. The current economic and geopolitical landscape suggests a bullish outlook for fossil fuel prices in
OPEC's recent meeting ended in a stalemate, with unchanged production quotas and a "voluntary" program for additional output cuts. Oil prices have declined due to Chinese economic weakness, but the U.
The third quarter saw the energy sector surge, outpacing the majority of the S&P 500 while also benefiting energy bulls. However, a more recent pullback could offer opportunities for bears.
Oil price jumped 5%, following a surprise severe attack on Israel by Palestinian militants, Hamas. Investors could tap the surging oil price with the help of leveraged energy ETFs to make quick profit
While the spotlight has been on technology for much of 2023's market rally, energy shouldn't be ignored. Stubborn inflation is keeping these prices high, making way for trading opportunities in the se

Dig Oil With These Leveraged Energy ETFs

11:17am, Friday, 08'th Sep 2023
Oil has been surging in recent months due to tightening supply conditions during the peak winter demand. Investors could tap the bullish trend in the sector with the help of leveraged ETFs to make qui
Crude oil prices have stabilized above $80 per barrel, indicating a potential increase in the coming weeks and months. High gasoline and distillate crack spreads suggest bullish signs for crude oil pr

The Effect Of Technical Analysis On ETF Investing

01:59pm, Thursday, 10'th Aug 2023
I explain the methodology for choosing which ETFs to invest in, using a combination of technical and fundamental analysis to identify the best sectors and trends. I suggest that ETFs are not less than
Oil price surged to the highest level in almost nine months. Investors could tap the bullish trend with the help of leveraged ETFs to make quick profits.

Did Fed Rate Hikes Break the Energy Market?

01:28pm, Wednesday, 17'th May 2023
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are
These volatile ETFs can make a lot of money in the right market, but they can lose a ton in the wrong market.

ERX: A Short-Term Trading Product

03:13pm, Tuesday, 14'th Feb 2023
Oil, gas, and energy stocks have declined from their highs. Three reasons why another rally is likely: SPR buying, seasonality, and Chinese and Indian demand. Traditional energy company profits are th
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