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Bullboard - Stock Discussion Forum Direxion Daily Energy Bull 2X Shares ERX

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Energy Select Sector Index. The fund 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. The index is provided by S&P Dow Jones Indices and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. The fund is non-diversified.

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yes yes yes!

 bought in @ 14!  rate and reply

Held for a year and a half - truly paid off.

I bought in late 2020 at at slightly above $8, and ERX hitting $40 is just the start. Not selling any time soon.  rate and reply