Direxion Daily S&P Oil & Gas Exp. &... (DRIP)
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DRIP: A Very High Risk Double Oil Short
16 June 2022
DRIP is a double-short oil ETF. But its Index does not match 2X returns of the nearby NYMEX futures contract nor SCO, another double-short ETF.
Top Performing Leveraged/Inverse ETFs: 05/15/2022
17 May 2022
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.
5 Inverse/Leveraged ETF Areas of Last Week
16 May 2022
Wall Street was downbeat last week, with losses seen in all major indexes
Oil Prices Fall on Hedge Funds Trimming Bullish Bets
15 March 2022
Oil prices soared to stratospheric levels following fears of a potential supply crunch after Russia's invasion of Ukraine. Now, prices are coming back down to earth as big players like hedge funds are...
Contrarian Bearish ETF Bets Against the Energy Sector
11 March 2022
As oil and gas company stocks rallied on the surge in crude prices, short-sellers have been betting against the energy sector. Exchange traded fund traders can also turn to inverse or bearish strategi...
Oil Prices Drop Over 10% on Russia Oil Supply Disruption Amid Invasion
10 March 2022
Oil had its worst trading day on Wednesday since November as prices dropped 12%. As CNBC reports, the United States is looking into alternate sources of production amid the Russia-Ukraine conflict.
ETF Odds & Ends: Harbor Adds Corporate Culture Fund
4 March 2022
Plus, a number of ETF changes took place during the week.
Get Ready For Reverse Share Splits: DRIP and SOXS
22 February 2022
Two funds in Direxion's range of ETFs will have reverse splits after the close of business on March 25, multiplying each funds' share price tenfold. The one-for-ten split will impact the Direxion Dail...
DRIP - A Day Trading Tool With A 40% Monthly Return
13 January 2022
DRIP is an ETF that seeks daily investment results of 200% of the inverse of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index.