DIG News and Press, ProShares Ultra Oil & Gas From 12/28/20

Natural gas inventories dropped more than the market expected. The price action has been bearish at the beginning of the peak season for demand. Politics and the weather will drive natural gas and oil in early January. DIG is an oil and gas product that tracks the Dow Jones Oi...

XLE has risen ~50% since its October 29 low, and in the process, looks to have formed a solid base despite still-widespread pessimism over the outlook for the sector. Despite the strong gains, the Energy sector's share of total U.S. market cap remains minimal, far below the level that...

The $226B New York State Common Retirement Fund says it will eliminate many of its fossil fuel stocks in the coming years, as it plans to shift its investments to reach a net-zero greenhouse gas emissions portfolio by 2040, New York State Comptroller Thomas DiNapoli said today.In addition to ...

Gainers: Microsectors U.S. Big Oil Index 3X ETN (NRGU) +61.4%.S&P Oil & Gas Expl Bull 3X Direxion (GUSH) +41.1%.Regional Banks Bull 3X Direxion (DPST) +39.6%.Energy Bull 2X Direxion (ERX) +35.0%.Ultra Oil & Gas Proshares (DIG) +33.0%Losers: Microsecto...

Oil and gas are cheap and promising. The macro setup is very favorable in the medium term. Sandridge Energy may be a promising way to get exposure to that. For further details see: Market Huddle: Oil And Sandridge

The U.S. officially pulled out of the Paris Climate Agreement yesterday after giving the required year's notice on Nov. 4, 2019.It makes the country the only one of 197 signatories to have withdrawn from the deal struck in 2015, and which Joe Biden has said would be revived if elected preside...

Waha Hub has swung from glut to deficit. Implications for midstream and upstream oil and gas companies, LNG and chemicals. This shift is poorly understood and may not be priced in. For further details see: The Glut Is Over: Waha Hub Natural Gas Supply Falls Below Pipelin...

Real assets, which include commodities, precious metals, real estate, and infrastructure, have several unique factors and investment considerations that set them apart from traditional financial assets. With broader market indexes becoming increasingly weighted to technology, real ass...

The contrarian case for buying energy stocks just keeps getting stronger and stronger. Energy stocks now represent the most hated stock market sector of all time according to SentimenTrader. You just don't get these sorts of extremes in sentiment very often. And when you do, you b...

In this article I will walk you through the commonly used but wrong way to think about volatility decay. We'll then walk through an example of volatility decay with realistic numbers. Afterwards, we'll build a simple mathematical model to calculate volatility decay from first prin...