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The Direxion Daily S&P Oil & Gas E&P Bull 2x Shares ETF has surged by 130% in the last three months after the increase in oil prices pushed E&P stocks.
Continued strength in oil prices and a financial recovery from oil producers might continue pushing GUSH higher.
GUSH, like all leveraged ETFs, is not suitable for those looking for a buy-and-hold investment and comes with its fair.