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The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3x Shares ETF (GUSH) has been an active winner for us, as we have traded in and out of the volatility for quick gains. However, even with those smaller trades to boost portfolio return, investors with a core position in GUSH are still feeling the pain, which is akin, in feeling, to a gushing wound.
For the record, GUSH:
The investment seeks daily investment results- of 300% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry