Direxion Daily Energy Bull 3X ETF News

The fundamental factors of demand and supply remain intact for the energy sector for the long term. The valuation and dividends are attractive for some of the energy stocks.

Inflation has obviously been an enduring theme for 2022, which has produced some heavy volatility. But of course, volatility only means there are market opportunities for traders to take advantage of,

Crude oil has come down, but oil-related stocks have held because earnings keep coming. The prospects for higher oil prices remain clear and present danger for three compelling reasons - the US SPR, O

After the Fed's latest hawkish action, ERX has given up some of its gains. It is also about demand-supply dynamics though.

It's no secret that communications firm stocks have been a tough place to be during a complicated 2022. Having helped to lift the markets out of the heights of the ongoing pandemic, communications fir

Direxion Energy Bull 2X Shares (NYSE: ERX) was trading slightly lower in consolidation on Tuesday, after momentum within an uptrend caused the ETF to rally over 14% between Oct. 19 and Monday.

Utilities are a typical go-to play whenever the overall stock market is trending downward due to their relative stability. However, the sector has been languishing as of late, but there are still prof

Amid a volatile stock market, utilities were one of the go-to-market sectors that could provide some stability, but they've been slumping at the tail end of the third quarter. However, a similar play

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

The cost of rising utilities can offer investors an inflation hedge, but another catalyst is record-breaking heat in the Western region of the United States. It's helping to propel the Direxion Daily

Rising energy prices have been the prevailing narrative for much of 2022, but they're coming back down to earth as inflation fears dwindle and recession fears take their place. However, the Direxion

ERX which is an oil and gas ETF has delivered gains at an accelerated pace of more than two times XLE during the last one-year period. However, this being a leveraged ETF, it carries more volatility r

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

The price of gasoline is high, but there are funds that gain exposure.

Direxion Energy Bull 2X Shares (NYSE: ERX) gapped down 10.42% to start the trading day on Wednesday. The ETF was erasing some of its losses in the afternoon, trading about 8% lower.