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The first half of August is still the dog days of the summer season in the United States. The ancient Romans called the hottest, most humid days of summer "dies caniculares" or "dog days." The genesis of the term came about as the hottest days of summer are related to the star Sirius with the ...
Gainers: Direxion Junior Gold Mine Bull 3X (NYSEARCA: JNUG ) +19.3% . Gold Miners Bull 3X Direxion ETF (NYSEARCA: NUGT ) +18.2% . Direxion Natural Gas Bear 3X (NYSEARCA: GASX ) +14.3% . VS 3X Silver (NASDAQ: USLV ) +13.4% . VS 3X Gold (NASDAQ: UGLD ) +11...
U.S. natural gas futures (NYSEARCA: UNG ) settled more than 2% higher after government data showed a smaller than expected storage build last week combined with record power demand in Texas and forecasts for hotter weather in late August. More news on: The United States Natural Gas ETF...
Since November 2018, over the past nine months, the price of natural gas futures that trade on the NYMEX division of the Chicago Mercantile Exchange traded from a high at $4.929 to a low at just under $2.11 per MMBtu. The peak came as the 2018 injection season came to an end and the low arrive...
The world's oil majors are feeling the heat from steadily shifting their investments toward natural gas, as weak gas pricing helped whack Q2 earnings at Exxon Mobil (NYSE: XOM ), Royal Dutch Shell (NYSE: RDS.A ) and Chevron (NYSE: CVX ), among others. More news on: Exxon Mobil Corporatio...
A hurricane barreling towards the Louisiana coast could not cause the price of natural gas futures to rise above the level of critical technical resistance at just over $2.50 per MMBtu on the August NYMEX futures contract. In 2017 and 2018 the low in the natural gas futures market was at jus...
Gainers: Direxion Natural Gas Bear 3X (NYSEARCA: GASX ) +15.2% . Semiconductor Bull 3X Direxion (NYSEARCA: SOXL ) +14.2% . Direxion Regional Banks Bull 3X (NYSEARCA: DPST ) +11.4% . Ultra Semiconductors Proshares (NYSEARCA: USD ) +9.1% . Natural Gas -3X Invers...
Natural gas prices ( UNG -2.8% ) typically rise along with the heat of the summer, as demand from electricity plants surges to power air conditioners... but not this year, even as the heat wave in the eastern U.S. generated record consumption at power plants. More news on: The United Sta...
After falling below the $2.15 per MMBtu level on the active month August NYMEX futures contract on June 20, the natural gas market ran out of selling. The price moved over $2.20 and $2.30 per MMBtu, but it was the prospects of Hurricane Barry making landfall in Louisiana that took the price to...
Gainers: Direxion Junior Gold Mine Bull 3X (NYSEARCA: JNUG ) +31.9% . Natural Gas -3X Inverse ETN Velocityshares (NYSEARCA: DGAZ ) +27.3% . Direxion Natural Gas Bear 3X (NYSEARCA: GASX ) +25.6% . Direxion S&P Oil & Gas Expl Bear 3X (NYSEARCA: DRIP ) +2...
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NEW YORK , March 20, 2020 /PRNewswire/ -- Recent and near unprecedented volatility across global markets, driven by the impact of the COVID-19 pandemic and oil price war, has dramatically increased the explicit and implicit cost of trading in the energy and commodities markets. While...
NEW YORK , March 10, 2020 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Natural Gas Related Bull 3X Shares, Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares, and the Direxion Daily...
NEW YORK , May 24, 2019 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Mid Cap Bear 3X Shares, Direxion Daily Small Cap Bear 3X Shares, Direxion Daily Financial Bear 3X Shares, Direxion Daily S&P Oil &a...