GASL News and Press, Direxion Daily Natural Gas Related Bull 3x Shares Direxion Shares ETF Trust From 02/24/20

I have always been fascinated by the term "dead cat bounce." Even a dead cat will bounce if it falls far enough and fast enough. The term originated on Wall Street. One of the earliest citations came in December 1985 when stock markets in Singapore and Malaysia bounced back after a significant...

Natural gas ( UNG +5.3% ) for March delivery settled +7.8% to $1.981/MMBtu, the highest finish for the front-month contract in a month and the biggest one-day percentage gain since January 2019. More news on: The United States Natural Gas ETF, LP, EQT Corporation, Gulfport Energy Cor...

When a commodity's price falls to a level where the cost of production falls below the market price, it enters the bottom end of its pricing cycle. Raw materials can be highly volatile asset markets. Prices tend to rise to levels where production increases, inventories rise, and the elasticity...

Gainers:  Semiconductor Bull 3X Direxion (NYSEARCA: SOXL )  +15.2% . More news on: Direxion Daily Semiconductor 3x Bull Shares ETF, Direxion Daily Real Estate Bull 3x Shares ETF, BMO MicroSectors FANG+ Index 3X Leveraged ETN, News on ETFs, Stocks on the move, , Read more .....

Four liquefied natural gas tankers bound for north Asia have changed destination or diverted after the coronavirus outbreak slammed gas demand in China, Reuters reports. More news on: CNOOC Limited, The United States Natural Gas ETF, LP, VelocityShares 3x Long Natural Gas ETN, Energy sto...

Four proposed liquefied natural gas export projects on the Texas Gulf coast have won federal permits to ship a combined 47M metric tons/year of liquefied natural gas. More news on: Exelon Corporation, NextDecade Corporation, Cheniere Energy, Inc., Energy stocks news, News on ETFs, Re...

Natural gas futures ( UNG -4.3% ) plunged to their lowest settlement in nearly four years , as expected mild weather continues to pressure prices. More news on: The United States Natural Gas ETF, LP, VelocityShares 3x Long Natural Gas ETN, VelocityShares 3x Inverse Natural Gas ETN, Ener...

In bear markets, prices often fall to lower lows, sit a while to allow the market to digest the new level, and then move even lower. The current bear market in the natural gas futures arena began in early November when the price of the energy commodity could not reach $3 per MMBtu. At the same...

Liquefied natural gas is selling at the lowest price on record in Asia , a troubling sign for U.S. energy producers who have relied on overseas shipments of shale gas amid a weak domestic market. More news on: Royal Dutch Shell plc, Royal Dutch Shell plc, Chevron Corporation, Energy stock...

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...