Direxion Daily S&P Oil & Gas Exploration & Production Bull 2X (GUSH)

[Sgreg]

Every headline is against XOP. Every talking head on tv too. Again XOP is near all time low but with oil being twice as much as the 2016 low. The short trade in XOP is way overcrowded and XOP is very manipulated for now. I stated this would take some time when I first started buying. The manipulation recently has gotten especially onerous. That always balances out though. I'm buying more today. I will continue to slowly buy as again this is the best bargain on the market. The companies in the XOP are all now mostly trading at huge discounts, almost all now have price to earnings ratios of 7 and below, this is not sustainable and with those in the media so quick to say sell sell sell it makes it even more attractive.