Key stats
About Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
Expense ratio
0.97%
Home page
Inception date
May 28, 2015
GUSH seeks to deliver 200% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index. Unlike State Streets XOPan unlevered fund tracking the same indexGUSH uses over-the-counter derivatives to achieve its objective. As with all levered and inverse funds, GUSH should not be expected to deliver 2 times the performance of its index for periods longer than one day. Compounding and path-dependency can cause significant deviations over longer time frames, so it's best used for single-day tactical plays. It's worth noting that GUSH's index is equal weighted, market-cap weighting would require extreme concentration in a handful of major firms. As a result, GUSH exhibits a serious small-cap tilt and the elevated market risk that comes with it. GUSH's leverage factor only amplifies the potential for volatility. Trading costs should be taken into consideration. Prior to March 31, 2020, the fund provided 300% daily performance return of the same index.
Classification
What's in the fund
Exposure type
Energy Minerals
Cash
Stock breakdown by region
GAS started a jump; would OIL do the same?Last two weeks we saw a jump in the natural gas stocks and ETFs and the oil based stocks were ranging or had a jump (like BP).
This looks like a break out.
Never forget to put SL
5 hearts, is not enough? Y will update my play here, because this is huge now, like 50% exiting the bullish flag.
2 of 3 targetsToday we reached 2 of my 3 targets, lets see how china affects the OIL demand and other products from the refineries.
i like this for a sabe 13%, but...There is a huge bear flag after the end of the trend. i like more $DRIP for a 80%
GUSH may rise through Q1 2026Perhaps GUSH (the bull x2 of S&P Oil & Gas Exp. & Prod. ) will continue increasing through Q1 2026. PHO (fresh water) & WEAT ( wheat ) are at the base measuring in % gains to compare to the gains of GUSH . The DCOILBRENTEU ( Crude Oil Prices: Brent - Europe DCOILBRENTEU ) in yellow on t
GUSH Daily Perspective Fib & TrendlinesWe seem to have a double top forming at the 0.786 retracement level on this bearish Fibonacci. Will GUSH continue to lag behind USOIL and drive up one last time to fill the gap at $225.00 on a daily wick before moving downwards and catching up with USOIL?
GUSH Weekly Trend, Fib, & VWAPGUSH has been on an uptrend for 2 years and 8 months and has followed many Fibonacci sequences during that time. Will the bearish fib play out, reverse from the 0.786 zone at $210 and fulfill the -0.27 extension of $77.64? This would align perfectly with a bullish Fibonacci sequence drawn from the l
HOMEWORK for Energy season OCT-AprilThe 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. T
$GUSH to $30 or soThe Fed has made it clear they need oil prices lower and they will continue to crush the market until we do something about it as traders.
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