CLR - GUSH Is Up 100% From Lows Time To Take Profits?
The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3x Shares ETF (GUSH) has been on a roll, as shares are up about 100% from the lows recently set in December of 2018. Normally, a move up like this would require investors to ring the register for fear of watching a 100% gain evaporate in front of their eyes.
However, while GUSH's underlying index, the S&P 500 Exp. & Prod. ETF (XOP) is up equivalently about 30% from its lows, about half of that move up was made during