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Strategy for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP)

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Moderator: TREND1, loniee
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Last Post: 12/2/2016 1:52:16 PM - Followers: 7 - Board type: Free - Posts Today: 0
Strategy for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares

The investment seeks daily investment results, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. It is non-diversified.


XOP
SPDR® S&P Oil & Gas Explor & Prodtn ETF 308.54%  

        
            How  to beat a leveraged ETF                                                                                                                          What You Need To Know About The Decay Of Leveraged ETFs
    http://seekingalpha.com/article/1457061-how-to-beat-leveraged-etf-decay                                                                                                                                                                                                                     http://seekingalpha.com/article/1864191-what-you-need-to-know-about-the-decay-of-leveraged-etfs
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
         




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Decay 
                                                                                                                                      Counterpart 3x bull is GUSH. We are  working on setting up a board for it also       
                                                                                                                                                                           
                  
                                                                                                            
  • 1D
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  • 3M
  • 6M
  • 1Y
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  • 3Y
  • 5Y
DRIP
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#34  Sticky Note GUSH DRIP TREND1 08/30/16 07:44:41 PM
#38   Back in @ 12.79.GLTA. MagicMarvin 12/02/16 01:52:16 PM
#37   DRIP featured in nice article here: FinalFrontier 11/28/16 01:45:29 PM
#36   should see more interest in GUSH / DRIP FinalFrontier 11/28/16 10:36:48 AM
#35   This board and GUSH will be interesting to MagicMarvin 11/26/16 07:27:29 PM
#34   GUSH DRIP TREND1 08/30/16 07:44:41 PM
#33   DRIP MONTHLY TREND1 08/27/16 02:55:03 PM
#32   DRIP WEEKLY TREND1 08/27/16 02:53:38 PM
#31   DRIP HOURLY TREND1 08/27/16 02:50:14 PM
#30   DRIP H D W M TREND1 08/27/16 02:49:51 PM
#29   Have a good one, everyone should research the stocktrademan 07/23/16 04:53:00 PM
#28   I was looking to short oil and I daddyvlo 07/23/16 04:42:22 PM
#27   Yes. Ok. Thanks very much. daddyvlo 07/23/16 04:34:00 PM
#26   no its for a basket of stocks in stocktrademan 07/23/16 04:32:34 PM
#25   Oil goes up this ETF is supposed to daddyvlo 07/23/16 04:30:34 PM
#24   Isn't this index bearish on what oil does daddyvlo 07/23/16 04:29:44 PM
#23   maybe for a quick trade but I wouldn't stocktrademan 07/23/16 04:26:28 PM
#22   So maybe it's a good play to short daddyvlo 07/23/16 04:22:53 PM
#21   It follows an index of stocks in the stocktrademan 07/23/16 04:05:58 PM
#20   Does this Etf follow the price of oil. daddyvlo 07/23/16 01:17:53 PM
#19   DRIP bearish 6.60 stocktrademan 06/15/16 12:59:34 PM
#18   Buy the rumor, sell the news (inverse) jay1209 05/26/16 03:46:13 PM
#17   I bought it at 6.75 sold it today trades2win 05/04/16 10:03:00 PM
#16   Still shocked no one else here, been a UP Trend 05/04/16 11:13:52 AM
#15   Anyone else playing this.. Seemed like a no UP Trend 05/02/16 10:12:21 AM
#14   Nice pop from 6s! UP Trend 04/29/16 11:39:01 AM
#13   Sorry for the repeat jay1209 04/25/16 10:40:57 PM
#12   It moves the opposite of GUSH jay1209 04/25/16 10:38:29 PM
#11   Thanks for the reply Alyssa24 04/25/16 10:37:43 PM
#10   That's what it's supposed to do. It moves jay1209 04/25/16 10:35:48 PM
#9   Hi this may be a stupid question but Alyssa24 04/25/16 07:57:14 PM
#8   Surprised not many more players here UP Trend 04/25/16 12:07:54 PM
#7   I could see this going higher from here trades2win 04/23/16 01:57:42 PM
#6   $DRIP recent news/filings stocktrademan 03/26/16 11:50:25 AM
#5   $DRIP recent news/filings stocktrademan 12/12/15 04:10:22 PM
#4   $DRIP recent news/filings stocktrademan 11/16/15 02:12:46 PM
#3   $DRIP recent news/filings stocktrademan 09/13/15 10:59:51 AM
#2   THANKS to IH Geek Warren for getting loniee 07/09/15 03:32:14 PM
#1   We are working on getting GUSH and DRIP loniee 06/28/15 12:20:11 PM
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