36.08 -0.08 (-0.22%)
After hours: 6:18PM EDT
|Bid||36.16 x 4000|
|Ask||36.36 x 1800|
|Day's Range||35.31 - 36.32|
|52 Week Range||30.25 - 381.50|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.96%|
Given the current certainties and market risks, ETF investors should construct resilient portfolios to participate on any further upside and hedge the downside. On the recent webcast (available On Demand for CE Credit), Potential ETF Strategies for Today’s (and Tomorrow’s) Markets, Sylvia Jablonski, Managing Director and Institutional ETF Strategist for Direxion and Portfolio+ ETFs, outlined a number of global elements that may influence an investor portfolio, such as the U.S. economy entering late-cycle phase, the Federal reserve moving toward monetary policy normalization, rising interest rates, building inflationary pressures, increasing dispersion amongst sectors, and changing geopolitical climate. "If you’re an investor, you have to believe that markets generally rise over time.
While energy stocks have been surging, Direxion data indicate traders have been taking profits in the bullish ERX while adding capital to the bearish ERY. Traders favoring ERY over ERX is notable for several reasons, not the least of which is that the energy sector is entering a time of the year that has been unkind to energy stocks.
With oil prices surging, the energy sector is getting in on the act. Predictably, that's been good news for the Direxion Daily Energy Bull 3X Shares (NYSE: ERX ). ERX attempts to deliver triple the daily ...
Energy equities and the related exchange traded funds (ETFs) were drubbed in February. For example, the Energy Select Sector SPDR (NYSE: XLE ), the largest energy sector ETF, plunged 10.8 percent last ...
NEW YORK , Feb. 28, 2018 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Technology Bear 3X Shares, Direxion Daily Energy ...
Energy has been on a wild ride since President Trump’s inauguration, having somewhat to do with the administration and somewhat not. A lot of the down ride came just from an oversupply globally of crude oil. The rally then came from OPEC trying to hold supply and getting Russia to do the same.
View more earnings on ERY See more from Benzinga Some Traders Turn Bearish On Energy Sector © 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Leveraged exchange traded funds (ETFs) can be ideal ways for aggressive traders to exploit global events and related headlines, such as meetings of the Organization of Petroleum Exporting Countries (OPEC). ...
Sector rotation is one of the most primordial portfolio strategies at hand for traders and investors attempting to consistently capitalize on broad economic trends playing out in the market. Essentially, ...
Once downtrodden, energy equities and the corresponding exchange traded funds have recently been showing signs of promise. Although the sector is still the worst-performing group in the S&P 500 this year, ...
The energy sector, as tracked by the Energy Select Sector SPDR Fund (XLE), has lost ~17.0% year-to-date as of August 31.
The EIA estimates that OPEC’s crude oil production fell by 150,000 bpd to 32.77 MMbpd (million barrels per day) in August 2017—compared to July 2017.
The U.S. Energy Information Administration reported that US gasoline inventories rose 35,000 barrels to 229.9 MMbbls (million barrels) between August 18 and 25, 2017. Inventories fell 2.1 MMbbls, or 0.9%,…...
Given heightened volatility, leveraged or inverse ETFs were in the limelight this month as investors embraced these products for bigger gains in a short span.
The US Commodity Futures Trading Commission reported on Friday, August 25, that hedge funds have cut back their bullish positions in US crude futures and options.
A Reuters survey estimated that US crude oil inventories would fall 3.5 MMbbls between August 11, 2017, and August 18, 2017.
The EIA (U.S. Energy Information Administration) estimates that Saudi Arabia’s crude oil production rose by 50,000 bpd (barrels per day) to 10.20 MMbpd (million barrels per day) in July 2017 compared to ...