ERX News and Press, Direxion Energy Bull 3X Shares From 06/04/21

Crude oil prices climbed to their highest levels in more than two years today, as optimism over a crude demand recovery and tighter supplies lifted the U.S. benchmark by 5% for the week.Nymex July WTI crude (CL1:COM) settled +1.2% to $69.62/bbl, while August Brent crude (CO1:COM) capped a 4.6...

Finite state analysis of the market day reveals a playable trading edge in the CO period. 3x Bull ETFs are very strong during CO and quite weak OC. Portfolio returns can be enhanced by taking extra leverage during CO and reducing it during OC periods. For further details see...

Crude oil prices edge higher, extending yesterday's 3%-plus gains, but energy stocks ([[XLE]] -2.1%) nevertheless slide to the bottom of today's S&P sector standings.July WTI crude (CL1:COM) +0.3% to $66.29/bbl, after the front-month contract settled yesterday at the highest since May 17,...

Crude oil futures move higher as Goldman Sachs says it expects Brent prices to climb to $80/bbl in Q4, arguing the outlook for a large vaccine-driven increase in demand outweighs the potential return of Iranian supply.July Brent crude (CO1:COM) +1.6% to $67.52/bbl, and July WTI (CL1:COM)...

A little-noticed news event this week with potentially major long-term implications for the U.S. oil and gas industry was President Biden's executive order directing federal agencies to address the risks climate change poses to the U.S. financial system and federal government.Biden's order di...

Due to passive investing’s increasing popularity, opportunities outside of the major indexes should become both more prevalent and more attractive. Recently, though, traditional passive investing has become a bit less popular as many investors have eagerly embraced alternatives...

"Investment in new fossil fuel supply projects must cease immediately" if the world is going to cut net carbon emissions to zero by 2050, the International Energy Agency says in a new report that calls for huge investments in clean energy.Aside from severe cuts in fossil fuel consumption, the...

Crude oil prices plunge quickly following a BBC report that progress was made in the U.S.-Iran nuclear talks, with an announcement on a deal expected tomorrow.The Russian envoy in Vienna says significant progress has been made in efforts toward an agreement to revive the 2015 nuclear deal, ac...

Crude oil prices tumble as India's coronavirus crisis worsens and the U.S. Colonial Pipeline resumes operations, halting a rally that had lifted crude to eight-week highs.June WTI (CL1:COM) -3% to $64.08/bbl, after rising 1.2% yesterday, and July Brent (CO1:COM) -2.8% to $67.39/bbl, after gai...

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...