Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (:GUSH)

Chart of the Day May 14th, 2021

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GUSH Weekly Chart

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  • bigbartabs: @oldtimer $USO $XOP $GUSH $UNG $XLE $XLF $XLV ... glad it helps. Over time... I have simplified my trading by staying at a higher level... mainly the index derivatives (1x triggering the 3x ETFs), and then the major sectors (the same, 1x triggering the 3x ETFs). Sometimes I'll trade some individual tickers... but that's not where I buy and sell in size, like I do at the index and sector level trades. I have enough trouble staying on top of indexes and sectors, let alone hundreds of individual stocks. Of course everyone has their druthers... developed over decades of trading. FWIW... all the best buddy... sounds like you are doing just fine at this crazy "job" we all decided to bite off! ==:O
  • Nepenthe: @bigbartabs $APPL Oh wise one. Just curious if you're still holding on to your $GUSH? I bought some yesterday as well but sold it for the moment. The $XOP is barely holding on to the 20ma, with a big red candle for the day. What say you? Cheers.
  • bigbartabs: @Nepenthe $XOP $GUSH ... same here... sold it when $XOP dropped below the 8dema. Pretty tough sledding across the board, now that 2023 came to an end. I'm guessing that new year profit taking is still king... with 16.5 months of income tax delay.
  • bigbartabs: @champ $USO $XOP ... I bought some $GUSH this morning, since the $XOP chart looks decent having risen above the 50dma. I'll add at the close if it behaves iteslf.
  • champ: @bigbartabs $USO $XOP $GUSH.....This is the only sector that makes sense today, will see what tomorrow brings....and I took profits off on all my positions, only holding a few small positions, I'm basically out of the Markets, for now. ....Good Luck and $GUSH should be low risk, with everything thats going on.
  • oldtimer: @bigbartabs $USO $XOP $GUSH Good Evening . . have been tracking your list that you gave to me a few weeks back. For a while the list was all above the 8WMA . . seeing a lot of items dropping below and have updated my charts with new trend lines. $UNG, $XLE, $XLF, $XLV maybe, and as you mentioned $XOP. Thank you again for the ideas and need to figure out my buying strategy. starting small
  • champ: $GUSH is waiting for $News.
  • bigbartabs: @champ $ITA #Energy-positions #risk-reward #won #will ... I've built one of the biggest $ERX $GUSH $ITA energy and defense positions that I've had in a long time... just keeps moving up... and based on the mess that our globe is in at the moment, no reason to be in a hurry to trim it back. At least not yet.
  • champ: @bigbartabs $ITA $ERX $GUSH #Energy-positions #risk-reward.....$XOP $OIH $NRGU....Yes everything in both of these sectors are working for sure....because people are dying, really sad ....$ITA and $ERX. We live in the right country, for now, however every place that there is killing going on, the killers have to cross their borders, in order to kill them.
  • champ: $GUSH....turned Green.....
  • champ: $XLE $OHI $XOP $GUSH $NRGU....check these out.
  • Hawaiianmaxx: instead of saying "Cash Money!!" imma start saying "$GUSH MONEY!!!" πŸ€‘πŸ€‘πŸ€‘
  • champ: @Hawaiianmaxx $GUSH....Exactly , this ETF is gushing Cash, for the swingers....and so is $NRGU.
  • oldtimer: @bigbartabs $FLR $RUTAX $UNG $XLE $BOIL $XLV $CURE $ITA $DFEN $XLRE $DRN $XLI $DUSL $ERX $XLF $FAS $FNGS $FNGU $XOP $GUSH $XBI $LABU $ITB $NAIL $GDX $NUGT $XRT $RETL $SMH $SOXL $XLK $TECL $XLY $WANT $DJI $UDOW $SPX $SPXL $NDX $TQQQ $RUT $TNA thankyou for getting back to me
  • bigbartabs: @oldtimer $FNGU $XOP $GUSH $XBI $LABU $ITB $NAIL $GDX $NUGT $XRT $RETL $SMH $SOXL $XLK $TECL $XLY $WANT $DJI $UDOW $SPX $SPXL $NDX $TQQQ $RUT $TNA ... no problem. No system is perfect... but I've found that finding a process that matches up with what the majority / herd of seasoned traders stay within, is what you can depend on most. Finding that process is the key. The sad part is that it usually takes a lifetime to figure that stuff out! I've been trading for around 20 years now... and still feel like an idiot at times. Good luck... all the best...
  • bigbartabs: @oldtimer $FLR $RUTAX $UNG $XLE ... @oldtimer ... Of those pairs that I tend to track $UNG/$BOIL $XLV/$CURE, $ITA/$DFEN, $XLRE/$DRN, $XLI/$DUSL, $XLE/$ERX, $XLF/$FAS, $FNGS/$FNGU, $XOP/$GUSH, $XBI/$LABU, $ITB/$NAIL, $GDX/$NUGT, $XRT/$RETL, $SMH/$SOXL, $XLK/$TECL, $XLY/$WANT ... only $XLE $XOP are close to being above the 8dema. Also, $UNG is tough, since it doesn't correlate well with 3x $BOIL I always track the 4 index pairs... $DJI/$UDOW, $SPX/$SPXL, $NDX/$TQQQ, $RUT/$TNA... of which none are even close to the 8dema. The only one that could be worth starting a position is $DJI, that bounced off of the 200dma. All the best...
  • ray: $GUSH Just opened a small 'starter' position in $GUSH. Crude Oil Futures (CL Oct23) are at 88.53. New high since last Nov 2022. After gains for 9 straight days beginning Aug 24th, the price consolidated 4 days, and looks to be continuing the rise.
  • champ: $USO...HOD...at $75...the price of WTI-Oil jump up today to $83.43, as of RHRN. ....and $GUSH is Flat....and Energy stocks also Flat, thats kind of unusual....$CVX and others.
  • debeers: $NRGU- almost twice as good as the lazyasses who buy $GUSH. If you are buying the long term $MTDR in the energy sector you can day trade $NRGU. Just a thought.
  • marklesparkle: @debeers $NRGU $GUSH $MTDR Thanks to you mam I ve been trading $NRGU since you mentioned it a month ago Thank you
  • debeers: @marklesparkle $NRGU $GUSH $MTDR - You are welcome of course. harder for me as i mainly invest.
  • oldtimer: @debeers $NRGU $GUSH $MTDR @Debeers you think it is late to enter $NRGU now
  • champ: $GUSH...$153....the Weekly WTI-Oil report, just reported a Draw of 5.96m barrels and Gasoline also had a small Draw. ....I had Entry for another Trade.....Trailing.
  • Hawaiianmaxx: @champ $GUSH did you know they are going to split 4/1?
  • Docoof: @Hawaiianmaxx $GUSH Good info. Didn’t know that. Thanks (From the site: After the close of the markets on August 25, 2023 $GUSH will effect a 4/1 split of its issued and outstanding shares.)
  • champ: @Hawaiianmaxx $GUSH....No I did not know that, #Thanks for that info....and that seems like positive News for this ETF.... when is the Split-date...???
  • champ: $GUSH....I was forced-out, have to take a rest, a break.....because the Price of WTI-Oil is dropping and is now at $79.72, now down from that weekly high,thats was at $85.
  • champ: $GUSH is HOD... WTI-Oil is up again this morning and is at $84.24...up $1.36.
  • champ: $GTLS.....this should work for a Trade and as we all know, I'm trailing at Entry. It is real hard too make $$$ in this type of #zig-zag-market...... ....and it helps to be a Full-time stock picker. Swings are working, if your name is Mr. Lucky, off of certain names, in the AH, after they have report their earnings...... .....for me, I'm only swinging 1 position, $ROAD and sometimes a small $GUSH position and I'm Always trading around my core positionS........ .....and my profits on $ROAD is also dancing around, this has also been dropping.
  • champ: $CZR $PENN $GUSH $WMT....I took small Fast profits on these Day-Trades this morning.....I'm out, however I might get back in these positions but #only-if they let me. ....I will not force any Entries...#never.
  • champ: $GUSH....the price of WTI-Oil futures closed/settled at $82.96 up $1.03/per barrel = pb.
  • champ: $GUSH...is at $154.30 and bounced just about $10.00, off of LOD $144.63....and that = a real nice Day for trading.
  • Hawaiianmaxx: @champ $GUSH πŸ’ŽπŸ’ŽπŸ™Œ
  • champ: @Hawaiianmaxx $GUSH.......Yes sir, we are gushing $$$$....however for me, I'm doing it with large dance moves. .....5-Times will get you 50.
  • champ: $GUSH is HOD....Watch..because it might continue.
  • stairm01: @champ $GUSH $NRGU also at HOD
  • bigbartabs: @champ $GUSH ... yes sir, I've got a full position of both $GUSH and $ERX, that I'll keep keepin' on... as long as they stay strong.
  • champ: @bigbartabs $GUSH $ERX....for Now I'm only holding $GUSH, however I have everything all lined-up and parked next to each other....I have an Energy Watch-List and $OXY is the Sector-leader this morning.
  • champ: $GUSH...$USO, WTI-Oil futures closed at $82.78, up $1.22.
  • Hawaiianmaxx: @champ $GUSH Still holding mine πŸ’ŽπŸ™Œ
  • champ: @Hawaiianmaxx $GUSH...For me, I took 1/2 off, might add-back, at some point. LOL
  • champ: @Hawaiianmaxx $GUSH...plus I'm still holding my $ROAD position but thats it....and I don't know what I'm going to do with $UVXY, yet, with 23 minutes left before the close.
  • champ: $GUSH....HOD..up $5....because WTI-Oil is at $80.75, up $1.25.
  • champ: $GUSH....here is a little Oil News....WTI-Oil inventories dropped 17 million barrels this week,.....and the Saudis cut production by 1m bpd and Russia cut 300,000 bpd = barrels per day.....and the driving season is just starting.
  • Hawaiianmaxx: @champ $GUSH I miss @bRobert 😒
  • champ: @Hawaiianmaxx $GUSH ....For FWIW, here is what I #think.....Yeah he used to post a lot of Stock and ETF ideas, however the lesson is....in a Market that is very #volatile, if the trader gets caught on the wrong side of the Markets, with large positio ...
  • jeffslm: @champ $GUSH #think #volatile #News-turns #stubborn #large #never #left #News #CopyCat #Ever #Trapped #News-matters #shouldn #immediately #smaller #always - Or maybe he was sick of you attacking him? Or maybe he grew tired of the political and religious commentary? I can think of a lot of reasons why he no longer posts other than that he blew his account up which imo is unlikely.
  • champ: @jeffslm $GUSH #think #volatile #News-turns #stubborn #large #never #left #News #CopyCat #Ever #Trapped #News-matters #shouldn #immediately #smaller #always...............Yes...he was really Political and he would come right out and say some really P ...
  • champ: @jeffslm $GUSH #think #volatile #News-turns #stubborn #large #never #left #News #CopyCat .....I re-read your post, so I have to point out a few things to you....
    You said, that you can think of a lot of reasons why he left, but yet you didn't post an ...
  • Enrique: @Dan #TrainingSessionStockRequests $GUSH, $GOLD
  • champ: $SQQQ is at $17.30......$SDS is at $32.75......$TZA is at $23.10........ $VXX is at $24.00.....$GUSH at $133.00.....$FAS at $72.00..... ~~could maybe Watch these ETF's for Market direction....... ....Plus $JNJ at $168.10.....$LMT at $456.50......
  • champ: $GUSH...HOD.
  • MongosPawn: $AMD $ACLS Took a starter in each. Did a lot of selling or partial selling yesterday ($TNA, $GUSH, $CLSK, $DXCM, $WULF). Have some working capital.
  • champ: $GUSH, I'm still holding off of that low-turn, off of that most recent bottom, that I posted....and Direction looks positive, because of those Oil #production-cuts...that I posted about..... ....trades are active.
  • champ: $GUSH is HOD.
  • debeers: $GUSH vs $NRGU- @champ--when oil goes up--$NRGU goes up more. just buy fewer shares since its pricey.
  • champ: @debeers $GUSH $NRGU .... OK will do, it's Golden, I like it...and #Thanks for the heads-up, I parked it next to $GUSH......and Now I Owe you a Pot of of Gold.
  • champ: $GUSH...this ETF is HOD, along with many other stocks in this sector....$HES $COP and all the others.
  • henrik511: @champ $GUSH $HES $COP (In full disclosureI own GUSH) It was painful to hold through the Chicken Little event of yesterday, 'the sky is falling, the sky is falling!", but the commodity oil is "Overshorted" ( not sure if that is a term or not). Shorts are at a 10 year high and net long is at 14 year low. Saudi's supposedly are cutting back their production and trying to create a short squeeze to drive prices up. US oilrig count is at the 684 in June down from 780 in Dec. 2022. This is for bottowfishers and a contrarian trade. While criting this GUSH broke out of trading range. Can run for a while.
  • champ: @henrik511 $GUSH $HES $COP ....$WTI-Oil is currently at $73.50.....and the Set-up is, Saudi Arabia, plus OPEC, along with Russia, they cut their Oil production numbers way back, so the price of WTI-Oil should bounce back-up to around $80 to $82....some-time around the next 30 to 60 days or so, per the Oil analyst, thats the current News. LOL
  • champ: I bought a few stocks on the close....and I took profits on all but 2-stocks going into the close, still holding $GUSH and $LBRT.
  • champ: $GUSH....Day-3, a lot of stocks to look at in this sector, for #Bounce-trades....because the price on WTI-Oil turned-up 3 days ago, been posting, however direction is always unknown in this sector.
  • Eng_trader: @champ $GUSH #Bounce-trades Yes, I've been adding to this sector recently, building positions and trailing stops. #oil has bounced off of $67 many times, watching it closely for a start of a possible uptrend. Summer is here, demand should go up, supply is still very restricted. And that's just #oil. #Natural Gas and #LNG is where the real growth is going to be. I'm currently in $DEN, $RIG, $LNG, $FLNG, and high dividend pipeline company $ENB. Lots of other ones look good also. All up from my entries.
  • champ: ...
    ..in the Energy sector.....$GUSH...could be rotation, buyers look too be moving in, however still early, this sector in Now going into a huge 4-day weekend for many, huge energy Travel demand, records are expected to be broke this weekend.....large- ...
  • champ: @Eng_trader $GUSH $DEN $RIG $LNG $FLNG $ENB #Bounce-trades #oil #oil #Natural #LNG....Yes exactly, I agree...Good Luck!.....we can't miss these types of moves, Game-on, Risk-on and we will see how it goes...... I'm Trailing a herd of Stocks also.
  • henrik511: $GUSH, not for the faint of heart, but oil seems to be peeking up so could be a good pick for bottom fishers. Above $123 this could get pretty sporty
  • champ: @henrik511 $GUSH .....I agree, that the Markets are Not for the Faint of Heart and in the Markets, everything is about the #News-flow, need to try to work with Entry-timings, off of the News-flow........and it is always a little easier, for those who ...
  • henrik511: @champ $GUSH #News-flow #Never #others #only #low-turns Thank you for the input, much appreciated. In full disclosure I started the position when $GUSH hit a support line around $108 with a stop at $105. But if it can break out of "trading box" $101 to $123 which has been in play since March, it may go to 200 DMA or around $135, my new stop is at $119
  • champ: @henrik511 $GUSH #News-flow.....thats Great, real #Nice post and you should maybe try to take the time to Post your Entry-timing #ideas....just like you just did and that #will help others.
  • jeff_free69: @champ $GUSH I presume ?
  • champ: Getting sector moves in gaming stocks....$CZR.... and also in Banking...$WFC.....and also in Energy....$GUSH...... so there are a lot of stocks to look, in these sectors, for Entries.
  • champ: @champ $CZR $WFC $GUSH....there are a lot of stocks to look at, in these sectors.....post what you Think would be winners, for Now I'm holding this 3 positions.
  • champ: @Onthemark $WFC $JPM....You must have a nice Entry, I'm late, so I'm holding 1/3rd size, however I'm holding a full hand with $WFC, for Now...... ....One is a % mover and the other one is a great $$$$ mover and $GS is the largest $$$$ mover in this sector today......and tomorrow might be adjustment day in this sector, as even more New buyers move in. Good-Luck! .......Could also watch $CZR and $GUSH for Entries.......
  • champ: $GUSH @ $115.00....HOD and zig-zagging, I'm holding a new position this morning....and LOD was at $111....and that price level this morning, just might turn-out to be a nice entry......and the reason why was......because WTI-Oil Inventory numbers were #down again this week...... ....WTI-Oil dropped down to LOD...$67.00 pb this morning and that price was not far from the March Low......... Watch for Entry.... because the bottom in WTI-Oil could be in this morning.... or this price level might be close enough for some nice entries in this sector. The 52 week Low on $GUSH, was at $98.61.
  • champ: HOD on $GUSH was at $116.12.
  • Eng_trader: @champ $GUSH #down I had a few small positions in this sector, but added $DEN this morning at $85.40, making a nice move off that double bottom bounce on the daily chart.
  • champ: @Eng_trader $GUSH $DEN #down....OK...Thanks, I'm going to check-it-out.
  • champ: ...
    .....plus I'm trading these....$GTLS....$PLL....$MOD....$CPA....$GUSH ....$PBR ....$LBRT...$GVA....$TECK.....

    There is a lot going on, however for Now, I'm only Watching and Posting.

  • champ: @champ $SMCI $CVX $CMC $ROAD $EXP $CX $CZR $ZION $URI $HRI $KMI $CROX $YELL $DRI $DNUT $GTLS $PLL $MOD $CPA $GUSH $PBR $LBRT $GVA $TECK $SHLS #Markets #Stock-Pickers #In #Out.....
  • champ: @champ $SMCI $CVX $CMC $ROAD $EXP $CX $CZR $ZION $URI $HRI $KMI $CROX $YELL $DRI $DNUT $GTLS $PLL $MOD $CPA $GUSH $PBR $LBRT $GVA $TECK $SHLS $ROKU #Markets #Stock-Pickers #In #Out
  • champ: @champ $SMCI $CVX $CMC $ROAD $EXP $CX $CZR $ZION $URI $HRI $KMI $CROX $YELL $DRI $DNUT $GTLS $PLL $MOD $CPA $GUSH $PBR $LBRT $GVA $TECK $SHLS $ROKU $TSLA #Markets #Stock-Pickers #In #Out
  • champ: @champ $SMCI $CVX $CMC $ROAD $EXP $CX $CZR $ZION $URI $HRI $KMI $CROX $YELL $DRI $DNUT $GTLS $PLL $MOD $CPA $GUSH $PBR $LBRT $GVA $TECK $SHLS $ROKU $TSLA $DK #Markets #Stock-Pickers #In #Out ....I added a few more that I'm still holding....and working....... ....plus I think, that I might continue to swing $DK....because it seems to be working nicely....I have posted on all of these stocks... except $MOD, which is a new trade today.....plus I'm Trailing all.
  • champ: $GUSH....is hanging around HOD....this sector is working... $CVX....HOD....$DK...HOD.....$LBRT....HOD.
  • champ: $GUSH....$CVX....$VLO....this Sector is turning, might continue to zig-zag higher...because #OPEC is set to meet over the weekend, to decide on Oil production, on their output policy....... ....WTI-Oil is turning off of the most recent Low and was just at $67 a few Days ago, now at $71.50....... ....this sector is Set-up for a #Bounce...because of the driving season and that demand always picks up in the summer months. Watch your stock targets in this sector, for possible entries.
  • champ: @sbw1 $KMI $DVN $CVI ....I like both and I have held positions in both before...... .....and actually I like a lot of the other Names in this sector also.... however yesterday $CVX had a great upgrade, so I'm in holding $CVX for few weeks or more and I'm also trading $VLO and $GUSH for now. For me $KMI, is long term. However I need a Market on all of my positions and I also have Trailing-stops on all of my positions. LOL
  • champ: $NA $LABU $FAS $QLD $TAN $GUSH......nice sectors moves and it looks like both Investors and Traders are placing their bets.
  • champ: @champ $UPRO $QLD $NAIL $LABU $FAS $TAN $GUSH......
  • champ: @champ $UPRO $QLD $NAIL $LABU $FAS $TAN $GUSH...$FNGU...
  • champ: $CVX...nice green stairs, plus Upgrade this morning also, the sector is moving.....$USO/$GUSH....WTI-Oil is up $2.50.......place your bets on your targets.
  • champ: @phgruver $CL $USO $XOM $KMI $APA....Yers sir and I have been Watching this sector for the last 2-Days.....however this sector will #zig-zag off of News....$GUSH $CVX $OXY and others.....
  • bigbartabs: $XOP $GUSH ... could really take off if we get a debt limit deal that includes easier permitting of energy projects
  • champ: $GUSH....had Entry off of that #LOD-Turn....in at $110.12, for a spec into the close, if I made-it that far.... and if I do.... I might do an Insurance-swing.
  • champ: $GUSH ...$USO....Oil is up Today and that = a nice Market, place your Bets.....
  • champ: $GUSH...is at $135 and WTI-Oil is up again this morning and is at $81.10 pb....and $USO is at $70.75....... ~~~I'm holding a spec $GUSH position and I'm watching all the Names in the sector.
  • Boone.ruth: @champ $GUSH $VLO $HES $KMI #News #Oil had an order to buy $GUSH Friday that didn’t get filled. Would you wait for a pullback now on these?
  • champ: @Boone.ruth $GUSH $VLO $HES $KMI #News #Oil ....I'm still holding $GUSH and $KMI....and I would like to add at-some-point, however have to see how it goes today, #still-too-early, swing Traders are Watching.... and also how the Day plays out... going into the close.... and on $HES and $VLO....I took full profits. LOL
  • champ: @champ $GUSH $HES $KMI #News #Oil #still-too-early....I'm also still holding $LBRT and I added this new position $MRO....and I added a little to $GUSH.
  • champ: $GUSh $COP $FANG $MRO $HES...all are still hanging around HOD, going into the close, with 30 minutes left.....need to find the winners.
  • Hawaiianmaxx: @champ $GUSH πŸ™ŒπŸ™Œ
  • champ: @Hawaiianmaxx $GUSH.....Thanks but it is still early, I'm just swinging Insurance profits, for a look-see, a walk around in the morning and it would be nice if I had nice weather again, before 6:30 ET....and it would also sure be nice, if I could fly into open sky's, without high winds. LOL
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Stock Price $41.07
Change 1.26%
Volume 814,955

The investment seeks daily investment results, of 300% of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: swap agreements; options on securities and indices; reverse repurchase agreements; ETFs; and other financial instruments. It is non-diversified.

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