DUG News and Press, ProShares UltraShort Oil & Gas From 01/26/21

Hunter: the Keystone XL decision will be negative for TC Energy's growth profile. The TransMountain expansion construction is underway with a target completion date in 2022. The U.S. side of the Enbridge Line 3 Replacement project is expected to come into service in 2021. Fo...

European wind and solar markets are expected to provide solid growth in 2021. European utilities should be able to return to growth in 2021. Regional gas markets will be better supported over 2021. Tightening in the oil market is expected to continue over 2021. For furth...

Franklin Equity Group's Fred Fromm and Matt Adams see signs that increased demand for fossil fuels in select developing countries could offset any potential demand slump in developed countries such as the United States. They also explain why they think equity investors concerned about...

In a typical quarter, year-over-year (YoY) growth expectations decline by an average of 3.6 percentage points (ppts) from the start of the quarter to the start of earnings season. However, 20Q4 YoY earnings have increased by 1.5 ppts over this period to -10.3% by Jan. 1, 2021. Con...

Following the standards set by the Paris Accord, 30% of all oil on the planet will be left in the ground. Pressure has been placed on oil prices by an increasing focus on ESG factors. We have a non-trivial long exposure to energy through our currency positioning. For further...

This Bespoke Asset Class Performance Matrix (ACPM) shows that as of 1/8/21, Emerging Markets have started the year with decent returns. Oakmark International is particularly appealing given it's 3-year return (just barely positive) and its percentile rank in the high 90s for the 3-yea...

Gainers: South Korea Bull 3X Direxion (KORU) +38.3%.Breakwave Dry Bulk Shipping ETF (BDRY) +34.3%.Microsectors U.S. Big Oil Index 3X ETN (NRGU) +30.9%.Regional Banks Bull 3X Direxion (DPST) +30.1%.S&P Oil & Gas Expl Bull 2X Direxion (GUSH) +24.6%.Losers: ...

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...

Gainers: Microsectors U.S. Big Oil Index 3X ETN (NRGU) +31.8%.S&P Oil & Gas Expl Bull 2X Direxion (GUSH) +19.6%.Retail Bull 3X Direxion (RETL) +19.5%.Global X Cannabis ETF (POTX) +19.0%.Microsectors 3X U.S. Big Banks ETN (BNKU) +18.3%.Losers: Microsectors...

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