Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) Dividend History

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• Pick Leveraged ETFs to Tap Surging Oil Prices

  Investors could tap the bullish trend in the oil price with the help of leveraged ETFs to make quick profits, as these could see huge gains in a very short time frame compared to simple products.

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• Oil And Gas Stocks Tank With Record Supply Fueling Sector Sell Off: This Inverse ETF (DRIP) Offers A 200% Return

  Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares (ARCA: DRIP) was rising about 4.5% Tuesday after data released by the Bureau of Labor Statistics showed the Consumer Price Index (CPI) eased to an annual rate of 3.1% in November, which matched expectations. Last week, OPEC+ nations agreed on new oil cuts amid oil production in the U.S. reaching record levels and supply outpacing demand. Despite the news, the United States Oil Fund (ARCA: USO) fell to a five-month low the following day on Dec. 7, throwing the sector into a bear market. Must Read: Crude Conundrum: US Oil Production Hits Record Levels, But Energy Stocks Aren't Pumping Trending: Tesla Spinning Its Wheels: Snow-Challenged Cybertruck Gets Rescued By Rival Pickup Analysts have recently turned bearish on the sector, with Morgan Stanley analyst Devin McDermott downgrading Marathon Oil Corporation Corp (NYSE: MRO) from Overweight to Equal Weight on Monday and dropping a price target from $27 to $25. On Friday, JP Morgan analyst John Royall ...Full story available on Benzinga.com

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  Featured Companies: DRIP OXY XOM
• Oil And Gas Prices Fall As Production Floods The Market: This 2X Leveraged ETF Tracks The Sector To The Downside

  Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares (ARCA: DRIP) was rising about 2.5% Monday ahead of Thursday’s OPEC+ oil policy meeting, which was originally scheduled to take place on Sunday. Traders and investors appear to be expecting that even if cuts are announced, little will change because the current supply is high. On Nov. 20, Stifel analyst Derrick Whitfield maintained a Buy rating on Marathon Oil Corporation Corp (NYSE: MRO) and dropped a price target from $40 to $39. On Nov. 14, Mizuho analyst Nitin Kumar maintained a Buy rating on Exxon Mobil Corp (NYSE: XOM) and lowered the price target from $139 to $133. DRIP is an inverse double-leveraged fund designed to track companies held in the S&P Oil & ...Full story available on Benzinga.com

  Benzinga

  Featured Companies: DRIP OXY XOM
• Oil Prices Rise As Concerns Over Supply Grow Amid Middle East Unrest: This Fund Offers 2X Leverage To Play The Sector Bullishly

  Direxion Daily S&P Oil & Gas Exp & Prod Bull 2X Shares (ARCA: GUSH) was rising about 0.8% higher on Monday, continuing its rally amid increased geopolitical conflict, which caused International Monetary Fund Managing Director Kristalina Georgieva to express concerns over. Instability in the Middle East, an area responsible for roughly one-third of global oil production, could disrupt supplies, causing prices to surge, which is bullish for GUSH. On Oct. 12, Benchmark analyst Subash Chandra maintained a Buy rating on Marathon Oil Corporation Corp (NYSE: MRO) and dropped a price target from $32 to $28. On the same day, several analysts maintained bullish ratings on Exxon Mobil Corp (NYSE: XOM) with two analysts raising their price targets. GUSH is a double-leveraged fund designed to ...Full story available on Benzinga.com

  Benzinga

  Featured Companies: DRIP OXY XOM
• Oil Stocks Rise As Israel-Hamas Conflict Intensifies, Analysts See Supply Constraints: This ETF Offers 2X Leverage

  Direxion Daily S&P Oil & Gas Exp & Prod Bull 2X Shares (ARCA: GUSH) was rising about 1.6% higher on Tuesday amid increased geopolitical conflict, which caused Morgan Stanley analyst Daan Struyven to weigh in on how the Israel-Hamas escalation could tighten oil supply. On Oct. 4, UBS analyst Josh Silverstein raised the price target on Marathon Oil Corporation Corp (NYSE: MRO) from $35 to $37 and maintained a Buy rating on the stock. Exxon Mobil Corp (NYSE: XOM) and Chevron Corporation (NYSE: CVX) both had their price targets bumped higher earlier this month, further indicating analysts are bullish for the oil and gas sector. GUSH is a double-leveraged fund designed to outperform companies held in the S&P Oil & Gas Exploration & ...Full story available on Benzinga.com

  Benzinga

  Featured Companies: CVX OXY XOM