Microsectors US Big Oil Index 3x Leveraged ETN (NRGU): With the increase in COVID cases and an...

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Microsectors US Big Oil Index 3x Leveraged ETN (NRGU)

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Wednesday, 10/28/2020 8:59:46 AM

Wednesday, October 28, 2020 8:59:46 AM

With the increase in COVID cases and an EXPECTED farter RISE in COVID cases over the Holiday season causing a high probability of increased SHUT DOWNS, oil usage will drop IMO. Not good for oil companies profitability , oil prices , or NRGU. Easy to SEE a down trend continue here for awhile

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