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Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares Stock Discussion

10baggerbamm

Dec 19 06:02

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ this ETF is finally back into lockstep with the oil Market after several weeks post-election where it was trading in the wrong direction it is now back in correlation.
and you can see the market for oil sold off a little bit yesterday off of ominous news from chairman Mao of the Federal reserve. weaker demand is going to reduce consumption and prices will fall.
so this ETF rallied in the face of the market getting absolutely d...

10baggerbamm

Dec 17 05:48

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ for the life of me I can't figure out what happened with this ETF.
I was pounding the table and I still believe in this ETF as a Trump trade.
Trump made it very clear drill baby drill he said it countless times while he was campaigning.
November 5th we have our new president elect November 6th oil prices declined we were $72 over the next week and a half two weeks we went down to 68 and change and this ETF traded down.
it ta...

Zhang Luna : In the Exchange, the MMF are all dollar-denominated, so any strengthening of the dollar will have an impact.

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10baggerbamm OP Zhang Luna : I understand what you're saying but the dollar has not had that much of a variance where it would have impacted and overridden the $4 decline in oil prices.

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Zhang Luna 10baggerbamm OP : Indeed, I understand what you mean, the Dollar is the main MMF for Global oil Trade, the strength and weakness of the Dollar often affects Dollar-denominated Commodity, including Crude Oil Product. However, in certain market conditions, the influence of Other factors may be more prominent. Therefore, the short-term fluctuations in Crude Oil Product prices may not be entirely caused by Dollar fluctuations.

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10baggerbamm OP : I can plot the dollar at the same time from November 5th on that variance is nothing something happened I can't explain it because this fund worked completely opposite how it was supposed to when oil prices fall from 72 to 68 the inverse etf drip ordinarily would go up about $1.50 to $1.75 how do I know this because I've traded it multiple times throughout the year and this time I wound up getting stopped out and taking a loss at $9.60 when oil was falling it made no sense.
there's nothing that I could see that could account for this even when I contacted the ETF managers there's no explanation. and you look at it now it's over $11 and look where the price of oil is there's no logical explanation

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TWIMO (151403908) : hhmmm I bought tankers and drillers stocks. Attractive dividends but stock price going down. Maybe expectations of price dropping

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SoundOfMusic

Nov 28 11:33

The new DRIP has lowered the dividend payout ratio to below 100%.
Ziply generates FCF itself that can be 100% plowed back into its expansion. This deal will not be closed till the second half of 2025. By then, BCE should have some cash socked away to supercharge the Ziply expansion if it choose to. Remember, fibre expansion is BCE's expertise. BCE knows how to do it efficiently and cheaply.
BCE has already decided to keep the dividend constant for 2025. I don't see BCE would destroy its reputa...

Market Chatter: To Cut Or Not To Cut the Dividend? That Is the Question for BCE

October PCE data released: Will December see another rate cut?

10baggerbamm

Nov 12 15:00

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ so OPEC evidently released a report saying that they're going to be reducing production because they're downgrading the demand expectancy for 2025. this may have something to do with how this has behaved over the past few days. however I can tell you if you look at natural gas so when you drill natural gas is first then oil in terms of how it comes out of the ground Trump made a phone call to several leaders and then around the ...

10baggerbamm

Nov 12 12:25

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ oils down $4 it was down since the election and this ETF sells off today oils up 50 cents and we have the beginning of what it looks like to be an upturn in the charts from an oversold level. does it make any sense no not at all I've traded this multiple times this year and $1.50 movement down in oil is about a dollar higher in the ETF. whatever these institutional hedge funds did post-election screwed everything up. they must h...

Nomadic Merchant

Nov 11 13:07

WTH ??? 🤔

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ oil moving from 72 down to 69 and this has only gone down is a bunch of 🐂💩 imo
happy veterans day🤙

10baggerbamm

Nov 6 10:00

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ I know people are looking at this going what the hell is going on well Trump's not in office yet I think this is institutions hedge funds that are putting on some trades because oil is not moving today so they have this ETF down it doesn't make any sense.
but just read the attached so that you understand that the correlation will be when oil prices fall this goes up just so that you see for yourself.

10baggerbamm

Nov 6 07:42

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ from President Donald J Trump's mouth listen for yourself.

Trump trade: Bitcoin hit record highs and Tesla hits $1 trillion market cap

10baggerbamm

Nov 6 07:19

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ if you believe Trump will be successful in reducing the price of oil by 40% in his first year which he said he would do. and if you are willing to take on the risk of buying options and you understand your risk
this is the contract that I would tell people to give serious consideration to it's a 15 strike a January 26th expiration. so it's a full year from when he is in office. do not pay the asking price put your order in the ...

Trump trade: Bitcoin hit record highs and Tesla hits $1 trillion market cap

10baggerbamm

Nov 6 06:47

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ time to nibble

BIG_TURRET : I bought 1% of that amount

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10baggerbamm OP BIG_TURRET : it doesn't matter it's do you believe Trump is going to make America energy independent and if he does what would happen to the price of the barrel of oil well logic says it would go down and this ETF goes what direction when oil goes down the answer is it goes up. there's no earnings to worry about there's no upgrades or downgrades it's do you believe Trump will do what he said that in the first year he's going to reduce the price of oil by 40%, that's what he said

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10baggerbamm OP BIG_TURRET : something else for everybody if you don't have the capital to commit to this position they have options and you can go out to January 2027 that's plenty of time and you can buy a 15 call option there's a huge spread but you can put a limit order in when it opens 10 15 20 cents above the bid and just leave it there and it may take more than one day to get your order filled it may take two or three or four days but there is a huge upside in my opinion and if you just have a limited amount of money or you're willing to take on the risk of an option contract you need to give serious consideration to buying a call option and go out to January 26th and I think you've got an enormous upside I think you're a 10x +++return

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151277905 (Stozzie) : Got side-tracked but finally I'm in

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10baggerbamm OP 151277905 (Stozzie) : this is something that you can build a position in overtime because the movements not happening overnight and the biggest movement is not going to happen until Trump gets in office so on weakness you can nibble at it because it's real simple do you believe Trump will make the United States energy independent again it's a yes or no question it's binary and if your answer is yes that means oil prices will fall because he's going to drill baby drill it's that simple and if you can answer yes to that question then you buy this ETF or you buy the call option if you want to buy a different strike price or time frame that's up to you but I'm going to be going out to January 26th and I'm going to be buying some options and I'll have my orders in a limit order today and I may or may not get filled I don't know but I believe the future for oil is much lower prices under a trump administration significantly lower he said 40% the first year that puts his ETF well over $20

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