|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||37.70 - 39.73|
|52 Week Range||15.04 - 47.55|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.95%|
Many institutional traders use multi-faceted strategies that involve several different instruments when trading around an earnings report. Among the most common hedging tools used by institutions are leveraged ETFs, which are built to deliver multiples (or inverse multiples) on a given index. “They aren’t meant to be held for more than a few days at a time,” Sylvia Jablonski, managing director of leveraged ETF provider Direxion ETFs said.
Leveraging oil and gas investments the past year has proven to be a profitable strategy for Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (GUSH) , which has been eponymously gushing returns for investors the past year--up 94.96% and 33.81% year-to-date--according to Yahoo! Finance performance figures. GUSH seeks daily investment results equal to 300% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index.
Since 1997, Direxion has been providing investment solutions with their innovative ETFs and 20 years later, they have $13.4 billion worth of assets under management. If you haven't already, check out the 5 ETFs below that are trending this week - and are worth keeping an eye on during the second half of 2018. Despite all the talk regarding trade wars with the United States and China, one sector that has been shrugging off the market noise is the biotechnology sector.
As markets surge and then sputter, the prospects of downside risk loom large in the short term. Yet advisors have to meet the challenge of steering through periods of market volatility, while continuing ...
The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (NYSE: GUSH ) closed Friday with an April gain of over 34 percent, making it the second-best performer among Direxion's leveraged bullish exchange-traded ...
Oil price climbed more than 2% in the last trading session buoyed by tensions in the Middle East and the possibility of further falls in Venezuelan output.
Oil price is on a fantastic run thanks to geopolitical uncertainty, tightening supply and soaring demand, setting the stage for a strong rally in the energy stocks for the near term.
Short interest is a popular metric on Wall Street because it gives a peek into the amount of negative sentiment a stock has. For their part, leveraged ETFs thrive on the directionality short interest can ...
On the back of oil's rebound, the often volatile SPDR S&P Oil & Gas Exploration & Production ETF (NYSE: XOP ) is sporting a fourth-quarter gain of just over 20 percent with half of that surge coming just ...
Following some bullish inventories data released this week, some traders are renewing their interest in oil-related exchange traded products, including the United States Oil Fund (NYSE: USO ). USO, the ...
Spoiler alert: A leveraged exchange-traded fund will be highlighted here, and while the opportunity to be discussed involves the month of September, traders should remember that leveraged ETFs are best ...
In recent weeks, there has been increasing chatter regarding a rally in oil prices. With the United States Oil Fund (NYSE: USO ) up 11 percent over the past month, it's hard to argue with the notion of ...
Hopes of a legitimate rebound in oil prices and the related exchange-traded funds were dealt a blow last week when the United States Oil Fund (NYSE: USO ), which tracks West Texas Intermediate futures, ...