GUSH Follow 10.18K followers Direxion Daily S&P Oil & Gas Exp. The 1500% pre-market gains showing on some ticker feeds aren't real. In markets, such as these, wild swings in price can also lead to wild swings in assets, something that fund managers may have difficulty managing in volatile times. When the VIX spiked north of 80 earlier in March, several leveraged ETFs and ETNs either reduced their leverage exposure or closed shop altogether. For example, a 1000 share position pre-split, became a 500 share position following the split. GUSH's … Bull 3x Shares (GUSH) investment & fund information. Find real-time GUSH - Direxion Daily S&P Oil & Gas Exp. Learn everything about Direxion Daily S&P Oil & Gas Exp. Unfortunately, it's very unlikely. We've already seen both the ProShares UltraPro 3X Crude Oil ETF (OILU) and the ProShares UltraPro 3X Short Crude Oil ETF (OILD) close earlier this year. The United States Oil Fund (USO), the largest oil-related ETF, announced that it will change its structure in order to target later-dated crude derivatives contracts. Feel free to leave any comments, questions, or thoughts on the ideas presented here (and sign-up if you haven't already). Bull 2x Shares ETF | NYSEARCA. Global X just launched a new Nasdaq 100 Covered Call ETF that focuses less on yield and more on growth. GUSH Stock Price Chart Interactive Chart > GUSH Price/Volume Stats - 7 Best ETFs for the NEXT Bull Market. & Prod. The Direxion Daily S&P Oil & Gas Exploration & Production Bull 2X Shares (GUSH) and the Direxion Daily S&P Oil & Gas Exploration & Production Bear 2X Shares (DRIP) are over-exposed to the worst areas of the market right now. Follow me and receive periodic notifications when I post here by clicking the FOLLOW button at the top of the page! ETFs. Direxion Daily S&P Oil & Gas Bull 3X Shares. & Prod. So we're seeing not just volatility in the price of crude, but the current environment putting a lot of strain on the structural integrity of several of these products. Find the latest Direxion Daily S&P Oil & Gas Ex (GUSH) stock discussion in Yahoo Finance's forum. As the structure breaks down, fund companies may be forced to consider shutting these products down if they can't effectively accomplish their objectives. This was a 1 for 2 reverse split, meaning for each 2 shares of GUSH owned pre-split, the shareholder now owned 1 share. If you liked this article/video, please click the LIKE button or share it on Twitter, Facebook, etc. While it's mostly ETNs that are at risk of closing in a highly volatile environment, it wouldn't be unprecedented for ETFs to shut down as well. The worst of the plunge in oil prices might be over. ETFs and ETNs, which are more likely to be impacted since they tend to have language built into their contracts about triggers that could force a redemption, have seen the number of closures skyrocket as liquidity has dried up and losses in some products have exceeded 90%. Bull 2X Shares (GUSH). & Prod. Year-to-date, DRIP is up more than 160%, but GUSH has lost 98% of its value. Free ratings, analyses, holdings, benchmarks, quotes, and news. Help & Support. Stock Ideas. Like UCO earlier this week, USO will complete its own reverse split in order to try to save the fund. The first split for GUSH took place on July 16, 1998. Find the latest Direxion Daily S&P Oil & Gas Ex (GUSH) stock quote, history, news and other vital information to help you with your stock trading and investing. Readers are wondering if oil fund prices will go up as quickly as they went down. Here are 5 of your best options for technology ETFs right now. With crude oil prices crashing and market risk still high, another pair of high profile ETFs could join the list. Learn more about GUSH on Zacks.com Even products that utilize a low volatility strategy have fallen victim. GUSH 21.53 2.59 (10.74%). & Prod. A look at trading volume shows buying interest is increasing. Watch & Listen. Bull 2X Shares stock quotes, company profile, news and forecasts from CNN Business. Share your opinion and gain insight from other stock traders and investors. Year-to-date, DRIP is up more than 160%, but GUSH has lost 98% of its value. Here's a partial list of ETP products that have closed in the past several weeks. Tech ETFs can be a great addition to your portfolio. Current price $21.53 : 52-week high $1,602.00 : Prev. They've already reduced their exposure to the oil space from +/- 300% to +/- 200% in response to the lack of liquidity affecting the funds' ability to cost-effectively establish the mandated leverage. 21.53 using the buttons below. View Direxion Daily S&P Oil & Gas Exp. Dividends. In this video, I discuss what I'm seeing with the Vanguard High Dividend Yield ETF and why I think it's still potentially risky here. As 5G technology begins rolling out in 2020, here's an ETF to add exposure to this fast-growing theme. Investing Strategy. … After piling into oil futures and bankrupt companies, Robinhood account holders are making their riskiest bet yet. Post-Market 0.24 (1.12%) If you liked this article/video, please click the LIKE button or share it on Twitter, Facebook, etc. The triple leveraged inverse natural gas ETN has gone off the rails and transitioned from risky to downright dangerous. The list covers an impressive number of sectors, including financials, energy, biotech, volatility, REITs and Treasuries.