Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP)
|Ex-Dividend Date||Dec 22, 2020|
|Day's Range||7.85 - 8.40|
|Inception Date||May 28, 2015|
The investment seeks daily investment results, of 200% of the inverse (or opposite) of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is designed to measure the performance of a sub-industry or group of sub-industries determined based on the Global Industry Classification Standards (GICS). The fund is non-diversified.
|Dec 22, 2020||$0.00277||Dec 30, 2020|
|Dec 23, 2019||$0.03246||Dec 31, 2019|
|Sep 24, 2019||$0.32244||Oct 1, 2019|
|Mar 19, 2019||$0.03605||Mar 26, 2019|
|Dec 27, 2018||$0.06027||Jan 4, 2019|
|Sep 25, 2018||$0.01604||Oct 2, 2018|
It's often risky betting against momentum and, for once, the energy sector appears to have some. Just look at the Energy Select Sector SPDR (NYSEARCA: XLE).
The good news for oil investors is that the price of a barrel of oil has stabilized around the $35-$40 area, a far cry from the brief foray into negative territory in April. The bad news, well, everyth...
Last week was extremely volatile for Wall Street with the S&P 500, the Dow Jones and the Nasdaq losing about 2.5%, 1.7% and 4.1%, respectively.
Oil prices have bounced since April’s memorable sell-off, but a recent CNBC report noted that Russian energy minister Alexander Novak is forecasting a modest recovery next year. The bleak picture for oi...
The normal forces of supply and demand for oil won’t have as much of an effect on prices compared to movements in the dollar, according to one market expert. Oil prices have recovered since their untime...
Oil prices nudged up on Monday, with Brent futures set to post a fifth straight monthly gain, as global stimulus measures underpin prices even as demand struggles to return to pre-COVID levels in a well...
Whether you’re a bull or a bear, the oil market should keep traders happy as a push-pull dichotomy exists when it comes to the latest flood of news from that corner of the energy sector. On one hand, oi...
Oil traders remember all too well when oil prices reached negative territory following the coronavirus sell-offs in March, which gave way to a serendipitous drop in oil prices to under $0 a month later....
The energy sector can giveth and taketh away in rapid fashion. For much of this year, it's been the latter, but over the past month the often-volatile S&P Oil & Gas Exploration & Production Select Indus...
While oil stocks rallied alongside the broader market on Friday, the energy sector could continue to be depressed on a falling demand outlook.
The oil market could face one of the largest supply overhangs in modern oil market history in April. This indicates that the worst might not be over yet.
Oil prices fell below $30 a barrel during Monday’s raucous trading session as crude followed the Dow Jones Industrial Average downward.
On Monday, oil prices endured the worst single-day drubbing since 1991 during the Gulf War.
At one point Sunday, oil futures were trading lower by as much as 30% after the Organization of Petroleum Exporting Countries failed to reach an agreement with some previously cooperating countries — na...