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Leveraged Energy ETFs For Earnings Season

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Direxion Energy Bear 3x Shares ETF ETF:ERY, Direxion Energy Bull 3x Shares ETF ETF:ERX - Leveraged Energy ETFs For Earnings Season

First-quarter earnings season starts in earnest this week, and while expectations for multiple sectors, including energy, are not so great, opportunities with leveraged sector exchange-traded funds are bound to present themselves in the coming weeks.

That includes the Direxion Daily Energy 3X Bear Shares (Direxion Shares Exchange Traded Fund Trust ERY) and the Direxion Daily Energy 3X Bull Shares (Direxion Shares Exchange Traded Fund Trust ERX). Those ETFs track the S&P Energy Select Sector Index, the same index followed by the widely followed Energy Select Sector SPDR (ETF) XLE.

How Much Influence Will Earnings Season Have?

While oil supplies show only modest signs of dwindling, energy earnings...


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