ERX News and Press, Direxion Energy Bull 3X Shares From 04/19/21

Look at the “other side” of the argument in executing each investment. Almost all commentators on the market and the US economy are bullish. Quarterly earnings growth rates will decline. Recognize some of the probable drivers of inflation now and in the future. ...

Energy ([[XLE]] -0.8%) is the day's biggest loser as crude oil futures pulled back, settling lower after posting four straight daily gains and rising more than 6% on the week.Support from strong economic data from China, which reported Q1 GDP jumped 18.3% Y/Y, helped offset concerns that risi...

Physical oil market is starting to tighten, and the recent move in oil confirms that we are not entering a downtrend. While we are no longer cautious, it's not all green light just yet. Use this opportunity to load up on energy stocks. IEA's projected balance going forward require...

Inflation expectations are rising alongside economic acceleration, resulting in selloffs in longer dated bonds. While inflation may continue to rise in the near term, it appears unlikely to reach unusually elevated levels. Energy, materials, and industrials typically perform well in t...

The PPI report last week didn't make a ripple in the markets, but the commentariat was all aTwitter about inflation and economic overheating and whether Powell might raise in rates in 2 years or 3. The market was not impressed. The 10-year Treasury yield moved all of about 1 basis poi...

The expected 21Q1 earnings growth rate is currently 24.2%, which has increased from 16.0% at the beginning of the year. All but two sectors have seen positive revisions to 21Q1 growth expectations since the beginning of the year. In 2021, we expect to see a year of high expectatio...

Crude oil futures settled more than 3% higher despite today's decision by OPEC+ to gradually raise production from May through July: May WTI (CL1:COM) closed +3.9% to $61.45/bbl, and June Brent (CO1:COM) finished +3.4% to $64.86/bbl.ETFs: [[USO]], [[XLE]], [[UCO]], [[XOP]], [[VDE]], [[GUSH]],...

The Ever Given, the ship that has been stranded in the Suez Canal for almost a week, has been partially refloated, according to shipping officials - Bloomberg.Maritime services provider Inchcape Shipping Services said that the vessel had been refloated at about 4:30 a.m. local time in Egypt a...

"Climate change is real... we know that more needs to be done," says Mike Sommers, head of the American Petroleum Institute, which today pledged to push Congress for legislation to price carbon emissions across the economy.The oil industry's top lobbying group, which for years worked to play ...

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...