DRIP 250117 12.00P (DRIP250117P12000) Stock Options, News & Quotes

2.10
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15min DelayClose Jan 10 16:00 ET

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10baggerbamm

Jan 6 09:16

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ this is dipping off of the news that the current shitbag president signed off on which limits and restricts drilling in the oceans you can look it up a lot of square miles were blocked off Congress needs to reverse this the president cannot do this by executive order so this is something that the Republican House and Senate would have to vote on the actions of the senile bastard in office right now that somebody put a pen in his...

10baggerbamm

Jan 2 11:04

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ I'm not so certain how much technical analysis helps with oil prices.
we broke our 20-day to the downside which I'm happy about because I'm trying to buy call options on this and it's very very difficult so the lower the price the better the chances I have of filling I've got a thousand contracts I'm trying to buy at different strike prices throughout the year going forward starting in June out of January next year.
you can go...

Trump 2.0 countdown: What's the next big opportunity in the markets?

10baggerbamm

Dec 30, 2024 14:00

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ it came real close to 10.87 which is the 20-day support, reversed so anywhere is in here it can be nibbled at
understand this is something that you're going to be able to buy a core position in and hold for 12 months because that's what president Trump made it abundantly clear within 12 months I will have oil prices down by 50%, that's an exact quote you will be able to trade secondary positions around your core position becau...

10baggerbamm

Dec 19, 2024 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, 2024 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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