$GUSH:NYSE:ARCA - 2 x BULL OIL & GAS ETF

GUSH is the bull version of DRIP (the inverse Oil & Gas) ETF. With Oil prices and energy stocks in general taking SUCH a beating this could be worth a look if you think they will go back up at some stage. There might still be some turbulence ahead, but worth a watch. Definitely worth Googling or talking to your broker first as leveraged ETFs can be a bit trickier for a longer term buy and hold just because of how they work. Could be fun to buy a small amount and then put them in a drawer and forget about them for a while. USO is potentially another to look at.

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull and Bear 2X Shares seek daily investment results, before fees and expenses, of 200%, or 200% of the inverse (or opposite - ie DRIP), of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index

Note

Been quite volatile but has been as high as a 60% gain before pulling back. Still lots of upside if it things start to normalise.

zAngus

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zAngus

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus

Also on: