Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares

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Market cap $39.2M

While fossil fuels represent a critical component of the broader U.S. energy infrastructure, the sector has encountered significant fluctuations. Last week, oil prices took center stage, with the domestic benchmark West Texas Intermediate sinking to $55 a barrel, which was its lowest level since January 2021.

In the world of oil trading, volatility is a way of life. It's also an ideal opportunity for traders to make a profit.

Based on the common principles of supply and demand, President Donald Trump's decision to end the federal electric vehicle tax credit on Sept. 30 should have represented a boon for the oil industry.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Dividend reinvestment is a fantastic way to unlock the power to be had in compounding.

Energy sector bulls are feeling anything but energetic these days. Nonetheless, traders can still extract profitable opportunities in the sector with the flexibility of leveraged/inverse funds from Direxion.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Former President Donald J. Trump recently addressed his supporters, declaring victory in the contentious 2024 election.