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

DRIP

Market cap $102M

Crude oil stocks stand to gain from surging prices and supply chain disruptions, offering investors defensive, short-term tactical buying opportunities. The goal of defensive trading is to preserve capital and mitigate risk until more favorable market conditions return. Explore the ‘Strong Buy' recommendations in this article, which are up an average +60% YTD, trade at a discount, and offer strong fundamentals that may benefit from the crude oil trade.

Amid the conflict in Iran, oil prices have skyrocketed, leaving consumers with potential pain at the pump, though it creates an opportunistic environment for savvy traders. Ongoing supply disruptions and a resurgence in industrial activity should provide even more bullish catalysts.

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.