|Bid||70.59 x 800|
|Ask||70.82 x 1100|
|Day's Range||67.43 - 72.03|
|52 Week Range||24.40 - 130.85|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||-5.11|
|Expense Ratio (net)||1.07%|
The S&P Oil & Gas Exploration & Production Select Industry Index (SPSIOPTR), as is often the case, is responding to oil prices. This month, that is not a good thing as the index is lower by more than 13.50 ...
We have highlighted five leveraged inverse ETFs that gained more than 40% in May though these involve a great deal of risk when compared to traditional products.
NEW YORK , May 24, 2019 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Mid Cap Bear 3X Shares, Direxion Daily Small Cap ...
The hot exploration and production segment of the energy sector gets its first batch of earnings tests this week as just over 24 percent of the S&P Oil & Gas Exploration & Production Select Industry Index ...
In the first quarter, the energy sector is atoning for its 2018 doldrums and exploration and production stocks are getting in on the act. Historically, exploration and production are highly correlated to oil prices, a theme that cuts both ways. Higher oil prices usually lift the volatile exploration and production group while lower crude prices are often a drag on the industry.
Fluctuating oil prices and talks of a trade war, among other things, caused energy sectors stocks to tumble throughout 2018. Although there were reasons to be optimistic at various points throughout the year, the last few months of 2018 were particularly rough: October constituted the worst single month for the sector in the better part of a decade, and the final weeks of the year saw stock prices plummet along with the market overall.
The myriad woes have resulted in huge demand for inverse or leveraged inverse ETFs for investors seeking to make big gains in a short span.
Investors seek to magnify returns on quick market turn and register big gains in a short span. As such, we have highlighted five leveraged/inverse ETFs that crushed the market in November with abnormal returns.
The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). GASX seeks daily investment results worth 300% of the inverse of the daily performance of the ISE-Revere Natural Gas IndexTM. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes).
This week's avalanche of third-quarter earnings report is dominated by the financial services and healthcare sectors, among others. That is not stopping some traders from positioning in sectors with upcoming ...
Oil prices fell today, notching their first weekly loss since mid-August, allowing for opportunities for traders to use an inverse oil ETF play like the Direxion Daily S&P Oil & Gas Exploration & Production ...