Direxion Daily S&P Oil & Gas Exploration & Production Bear 2X Shares (DRIP)
Crude Awakening: Soaring Oil Prices Bad for Consumers, Great for Traders
Amid the conflict in Iran, oil prices have skyrocketed, leaving consumers with potential pain at the pump, though it creates an opportunistic environment for savvy traders. Ongoing supply disruptions and a resurgence in industrial activity should provide even more bullish catalysts.
With Oil Prices Under Pressure, Here Are ETFs to Trade
In the world of oil trading, volatility is a way of life. It's also an ideal opportunity for traders to make a profit.
Now Is a Good Time to Be an Energy Bear
Energy sector bulls are feeling anything but energetic these days. Nonetheless, traders can still extract profitable opportunities in the sector with the flexibility of leveraged/inverse funds from Direxion.
4 ETFs to Mull as Hedge Funds Load Up on Energy
With rate cuts potentially looming in September, hedge funds are loading up on energy sector stocks,. That could give traders opportunities in leveraged ETFs if they want to mirror their bets.
Rate Cut Hopes Spur Oil & Energy ETFs Higher
The expectation of rate cuts is pushing oil prices higher as U.S. consumer prices fell during the month of June. This could give bullish oil and energy traders more momentum to bet on price increases when the Federal Reserve finally loosens monetary policy.
