Direxion Energy Bull 2X Shares
ERX is an exchange-traded fund that tries to double the daily returns of an energy stock index. Traders use it to bet on energy companies going up without buying each stock individually. It makes money by tracking the index and using financial instruments to amplify gains, but it can also amplify losses.
ERX is an exchange-traded fund that tries to double the daily returns of an energy stock index. Traders use it to bet on energy companies going up without buying each stock individually. It makes money by tracking the index and using financial instruments to amplify gains, but it can also amplify losses.
The energy sector includes companies involved in oil, gas, and renewable resources, which are influenced by global demand and geopolitical events. ERX provides leveraged exposure to this sector, allowing traders to amplify gains from energy stock movements. Factors like oil prices and production lev
The energy sector includes companies involved in oil, gas, and renewable resources, which are influenced by global demand and geopolitical events. ERX provides leveraged exposure to this sector, allowing traders to amplify gains from energy stock movements. Factors like oil prices and production lev
Educational only. Not investment advice. Equities data may be ~15m delayed.
Educational only. Not investment advice. Equities data may be ~15m delayed.
