ERX News and Press, Direxion Energy Bull 3X Shares From 05/12/21

Energy shares start with gains as crude oil futures jump, helped by an upbeat outlook for energy demand and data showing a drop in U.S. crude inventories.June WTI crude (CL1:COM) +1.8% to $66.45/bbl, while July Brent (CO1:COM) +1.7% to $69.73/bbl.ETFs: [[USO]], [[XLE]], [[UCO]], [[XOP]], [[VD...

The market has pressed to new all-time highs, and in the near term there is little to dampen optimism - the economy continues to strengthen, bolstered by monetary and fiscal stimulus, improving corporate investment and strong retail consumption. If anything has weighed on investors in...

Value is set to massively outperform Growth. As inflation pressure rises, energy/cyclicals/precious metals will be the best performing sectors. Inflationary pressure seldom turn on a dime, once the momentum gets going, it hardly stops. Investors should be long value sectors wi...

In a recent note put out by Goldman Sachs, they believe the commodities space will gain continued support over the next six months on positive forecasted demand. The investment bank has mentioned that they see commodities rallying another 13.5%, with oil reaching $80/bbl, copper rising to $11...

Energy ([[XLE]] +0.7%) takes the lead in the S&P midday sector standings, as OPEC+ appears ready to stick with existing plans to slightly raise oil production from May 1.The news comes even amid worries that a surge in COVID-19 cases in India, the world's third largest oil importer, could...

Important to focus on where we are going. Energy stock correction is ending. Look to allocate into your favorite names now. With Israel returning back to normal with ~57% of its population fully vaccinated, the rest of the world is looking towards a return to normal. The US is...

Current economic data is certainly strong - although not universally so - but the bond and currency markets may be pointing to some weakness ahead. The copper to gold ratio which peaked in early March, leading bond yields by a full month, has recently resumed its uptrend. The comm...

President Biden this week will pledge to cut U.S. greenhouse gas emissions at least in half by 2030, the Washington Post reports, as he convenes a virtual summit of world leaders Thursday aimed at re-establishing the U.S. as a leader in the effort to fight climate change.The expected pledge w...

Since U.S. Treasury bonds have fallen more than -20% in value, it looks like we might've seen a short-term bottom and an opportunity to profit in the bond market. Which sectors are performing well in the intermediate term, as well as those that are taking a breather in the short term....

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. ...