Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) — ()
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Oil prices shake off tariff worries to rise after 3 straight weekly declines
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Sentiment: Positive ()
Oil futures rose Monday, finding support after three straight weekly declines that took crude to its lows of the new year.
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BP shares pop 8% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
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Sentiment: Positive ()
BP shares jumped at the market open, following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major. BP stock was up 8.06% at …
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Mizuho Bank: 'much more dominant' U.S. posture on oil to anchor inflation concerns
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Sentiment: Positive ()
Mizuho Bank's Vishnu Varathan talks about China's struggles to rebalance their economy while navigating Trump tariffs. He sees Trump's oil policies cementing the U.S. as an exporter, helping to anchor …
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Natural Gas and Oil Forecast: Is the Bear Market Over for Energy Prices?
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Sentiment: Neutral ()
Crude oil and natural gas prices rebound, but is it sustainable? Key technical levels and market sentiment hint at the next big move.
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About Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares GUSH
The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is designed to measure the performance of the oil and gas exploration and production sub-industry determined based on the Global Industry Classification Standards. The fund is non-diversified.