ERX News and Press, Direxion Energy Bull 3X Shares From 03/24/21

Energy ([[XLE]] +3.2%) sprints to the top of the S&P sector standings after a giant cargo ship runs aground in the Suez Canal, helping crude oil to rebound from yesterday's dive to a six-week low.May WTI crude (CL1:COM) +4.6% to $60.46/bbl, rising back above its 50-day moving average, and...

We spoke with Strategas Chief Investment Strategist Jason Trennert on why his team is bullish on the market despite recent volatility and key unknowns like interest rates, inflation, and tax policy. Trennert says they are not overly worried about long-term rates, especially when they&...

In a video conference meeting today with Biden administration officials including national climate advisor Gina McCarthy, executives from 10 of the biggest oil companies including CEOs of Exxon Mobil (XOM) and Chevron (CVX) CEO Mike Wirth offered support for putting a price on carbo...

Gainers: Breakwave Dry Bulk Shipping ETF (BDRY) +17.96%.Energy Bear 2X Direxion (ERY) +15.7%.Ultrashort Oil & Gas Proshares (DUG) +15.5%.S&P Oil & Gas Expl Bear 2X Direxion (DRIP) +14.1%.Physical Palladium ETF (PALL) +11.2%.Losers: Microsectors U.S. B...

Interest rates and inflation expectations continue to rise. Investment implications for investors are rather profound. Value will outperform growth going forward, and energy stocks will trounce tech stocks. Commodities and gold are the best asset classes to hedge for inflation. ...

While energy stocks suffered declines this time last year, 2021 has been different. The Biden administration's energy policy has led a sector rotation into energy stocks due to higher oil prices. The Direxion Daily Energy Bull 2X Shares (ERX) and its bearish counterpart (ERY) are two ETFs tha...

Many macro and political overhangs lifted by the end of Q4, with optimism about the re-opening economy driving Energy sector gains. Value sectors like Energy shined as the economy rebounded, and small cap and cyclical sectors became market leaders. With rising inflation, midstream...

The big question for investors at the moment is whether the 11-year old bull market is ending or is this just a “pause that refreshes?”. While the market could indeed bounce in the short-term, the decline in “money flows,” and the convergence of “sel...

OPEC’s decision reflects changing fundamental dynamics. Drill-baby-drill is dead. US production is falling, and that will continue. The end of the pandemic will cause demand to surge. Here are three signals that crude oil will continue to make higher highs. ERX is a...

Crude oil prices shrugged off the overnight attack on a key Saudi Arabian oil export facility to finish lower, retreating from a peak above $70/bbl attained for the first time since the start of the pandemic a year ago."The situation evaporated when it became obvious that there was no damage ...