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GASL News and Press, Direxion Daily Natural Gas Related Bull 3x Shares Direxion Shares ETF Trust From 02/06/20

Stock Information

Company Name: Direxion Daily Natural Gas Related Bull 3x Shares Direxion Shares ETF Trust
Stock Symbol: GASL
Market: NYSE

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GASL - LNG names turn deep red as China demand slumps

Shares of U.S. liquefied natural gas companies fell sharply in today's trade as China's biggest LNG importer reportedly suspended some contracts: Cheniere Energy (NYSEMKT: LNG ), the largest U.S. exporter of LNG, finished -3.5% after sinking to its lowest in more than a year, while Tellu...

GASL - U.S. LNG exporters face risk of production cuts - Bloomberg

Suppliers of U.S. liquefied natural gas - already under pressure from depressed prices arising from a global glut and an unusually mild domestic winter - now must cope with Asian spot LNG prices that have sunk to record lows as the coronavirus threatens to disrupt industrial production acr...

GASL - Natural Gas Waits For Spring

Since early November, the price of nearby natural gas futures fell from a high of $2.905 on the nearby NYMEX futures contract to a low of $1.812, a decline of 37.6% during the peak season of demand during the winter months. In 2019, the low in January was $2.789; in 2018, it was $2.746, and in...

GASL - VXX, UVXY, TVIX and VIXY among weekly ETF movers

Gainers:  VS 2X VIX Short Term (NASDAQ: TVIX )  +26.4% . More news on: VelocityShares Daily 2x VIX Short-Term ETN, Direxion Daily Semiconductor 3x Bear Shares ETF, Direxion Daily Natural Gas Related Bear 3X Shares ETF, News on ETFs, Stocks on the move, Read more ...

GASL - Low Natural Gas Prices And Interest Rates: 2 Opposing Forces To Keep MLPX Rangebound

Energy companies have taken a beating to start off the year, with the double whammy of plunging crude oil ( USO ) and natural gas ( UNG ) leading to the energy sector ( XLE ) having the worst performance (-8% YTD) among all S&P sectors. The MLP & Energy Infrastructure ETF ( MLPX ) coul...

GASL - OIH Continues To Suffer - Oil Services Companies Are Too Cheap

The price of crude oil took the stairs to the upside from early October until January 8. The price rose from just above $50 per barrel to 95 cents below the 2018 high of $66.60 as tensions rose to a boiling point between the US and Iran. Since then, the price has been on an elevator ride to th...

GASL - Natural Gas Gets Sloppy And Ugly On The Downside

It is always a challenge to attempt to pick a bottom in a commodity, especially when that market as volatile as natural gas. The price action in the natural gas futures arena has been bearish since early November when the price failed at $2.905 per MMBtu on the nearby NYMEX futures contract. L...

GASL - VXX, UGAZ, AMZA and DGAZ among weekly ETF movers

Gainers:  Direxion Natural Gas Bear 3X (NYSEARCA: GASX )  +43.6% . More news on: Direxion Daily Natural Gas Related Bear 3X Shares ETF, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares ETF, VelocityShares 3x Inverse Natural Gas ETN, News on ETFs, Stocks on t...

GASL - If Oil And Gas Exploration Comes Back To Life, GUSH Could Magnify Results

Last year was a banner time for both the stock market and the price of crude oil. Equity prices roared higher with gains of over 22% in the DJIA, almost 29% in the S&P 500 index, and over 35% in the tech-heavy NASDAQ. Meanwhile, the price of NYMEX crude oil futures rose by 34.5%, and Brent...

GASL - Natural gas prices plunge below $2/MMBtu

Natural gas futures (NYSEARCA: UNG ) continued their recent free-fall , with the February contract closing -5.4% to $1.895/MMBtu for the lowest settlement since March 2016, as warmer than normal weather is expected to cover nearly all of the U.S. over the next 6-10 and 8-14 days, accord...

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