Is ERX a buy? - Seeking Alpha

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HEADLINES:

Short Selling A Pair Of Leveraged ETFs: A Goldmine Or A Bad Idea?
Ypa Finance • Tue, Apr 2 • 27 Comments
3 Leveraged ETF Pairs To Short
Christopher Drose • Thu, Mar 7 • 8 Comments
An Almost Risk-Free Way For Annual Return Of 50%+
Macro Investor • Sat, Dec 15, 2012 • 111 Comments
Energy Prices Increase As Third Quarter Production Volumes Fall
Julie Young • Tue, Nov 6, 2012 • 9 Comments
Levitating Markets And Red Flags Over ETFs?
George Simone • Mon, Aug 27, 2012 • 3 Comments
Investing In Oil: 5 Questions To Ask Company Management
Oil and Gas Investments Bulletin • Mon, Aug 6, 2012 • 3 Comments
'Moneyball' May 2012 Update
The Ugly Truth • Wed, Jun 13, 2012 • 9 Comments
ETF Midweek Peek: Wait For QE In June?
David Fry • Wed, May 2, 2012 • 2 Comments
Bulls Or Bears Gaining The Edge?
George Simone • Wed, May 2, 2012 • 4 Comments
An Options Bet On An Energy Rally: Sell ERX, Buy XLE Calls
Sammy Pollack • Sun, Apr 22, 2012 • 1 Comment
Commodity ETF Flows: Investors Pull Nearly $1 Billion From Sector Funds
Hard Assets Investor • Tue, Apr 17, 2012
Commodity ETFs: Energy Leads Huge Inflows
Hard Assets Investor • Mon, Feb 27, 2012
The $100,000 ETF & ETN Challenge: Success, A Matter Of Perspective?
Kinetic Investments • Sun, Feb 26, 2012 • 2 Comments
Commodity ETF Flows: Energy ETFs See Big Inflows, Alternative Energy ETFs Surge
Hard Assets Investor • Wed, Feb 15, 2012
Commodity ETF Flows: All About Energy
Hard Assets Investor • Mon, Feb 13, 2012 • 1 Comment
Best And Worst Funds: Energy Sector
David Trainer • Tue, Feb 7, 2012 • 3 Comments
Sector Roadmap For Best And Worst Stocks And Funds
David Trainer • Tue, Jan 31, 2012 • 8 Comments
All Objectives Met In The $50k Challenge: 10.3% Return In Less Than 5 Days
Kinetic Investments • Sun, Jan 15, 2012 • 15 Comments
6 Common Myths About Global And U.S. Energy Issues
Walter Kurtz • Wed, Dec 28, 2011 • 4 Comments
iShares' Chief Investment Strategist: Energy Is 'The' Sector For 2012; Avoid Utilities [Video]
Russ Koesterich • Tue, Dec 20, 2011 • 3 Comments

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Exiting a Winning Energy Trade
Igor Greenwald • Sat, Jul 23, 2011 • 5 Comments
ERX: The Time to Lever Up in Energy Is Now
Igor Greenwald • Fri, May 13, 2011 • 5 Comments
Short Sale of the Day: Direxion Daily Energy Bull 3x ETF
The Oxen Group • Tue, Nov 9, 2010 • 13 Comments
Leveraged ETFs: A Seeking Alpha Expert Panel
SA Editors • Wed, Nov 11, 2009 • 10 Comments
Lower Energy Prices: Bullish or Bearish for the Overall Economy?
Jeff Pierce • Fri, Apr 3, 2009 • 3 Comments
What Happens When You Hold Leveraged ETFs for More than One Day?
Marc Gerstein • Wed, Mar 25, 2009 • 22 Comments

Short Selling A Pair Of Leveraged ETFs: A Goldmine Or A Bad Idea?
Ypa Finance • Tue, Apr 2 • 27 Comments
3 Leveraged ETF Pairs To Short
Christopher Drose • Thu, Mar 7 • 8 Comments
An Almost Risk-Free Way For Annual Return Of 50%+
Macro Investor • Sat, Dec 15, 2012 • 111 Comments
Energy Prices Increase As Third Quarter Production Volumes Fall
Julie Young • Tue, Nov 6, 2012 • 9 Comments
Levitating Markets And Red Flags Over ETFs?
George Simone • Mon, Aug 27, 2012 • 3 Comments
Investing In Oil: 5 Questions To Ask Company Management
Oil and Gas Investments Bulletin • Mon, Aug 6, 2012 • 3 Comments
'Moneyball' May 2012 Update
The Ugly Truth • Wed, Jun 13, 2012 • 9 Comments
ETF Midweek Peek: Wait For QE In June?
David Fry • Wed, May 2, 2012 • 2 Comments
Bulls Or Bears Gaining The Edge?
George Simone • Wed, May 2, 2012 • 4 Comments
An Options Bet On An Energy Rally: Sell ERX, Buy XLE Calls
Sammy Pollack • Sun, Apr 22, 2012 • 1 Comment
Commodity ETF Flows: Investors Pull Nearly $1 Billion From Sector Funds
Hard Assets Investor • Tue, Apr 17, 2012
Commodity ETFs: Energy Leads Huge Inflows
Hard Assets Investor • Mon, Feb 27, 2012
The $100,000 ETF & ETN Challenge: Success, A Matter Of Perspective?
Kinetic Investments • Sun, Feb 26, 2012 • 2 Comments
Commodity ETF Flows: Energy ETFs See Big Inflows, Alternative Energy ETFs Surge
Hard Assets Investor • Wed, Feb 15, 2012
Commodity ETF Flows: All About Energy
Hard Assets Investor • Mon, Feb 13, 2012 • 1 Comment
Best And Worst Funds: Energy Sector
David Trainer • Tue, Feb 7, 2012 • 3 Comments
Sector Roadmap For Best And Worst Stocks And Funds
David Trainer • Tue, Jan 31, 2012 • 8 Comments
All Objectives Met In The $50k Challenge: 10.3% Return In Less Than 5 Days
Kinetic Investments • Sun, Jan 15, 2012 • 15 Comments
6 Common Myths About Global And U.S. Energy Issues
Walter Kurtz • Wed, Dec 28, 2011 • 4 Comments
iShares' Chief Investment Strategist: Energy Is 'The' Sector For 2012; Avoid Utilities [Video]
Russ Koesterich • Tue, Dec 20, 2011 • 3 Comments

There are no Transcripts on ERX.

Weekend Investor: Investors buckle up for Mr. Market’s wild ride

at MarketWatch.com (Apr 1, 2011)
Making Money on Food & Energy Inflation: Pros

at CNBC.com (Jan 13, 2011)
Power Rankings: Extreme Reflation Bets

at CNBC.com (Nov 4, 2010)

ERX vs. ETF Alternatives

ERX Description

The Daily Energy Bull 3x ETF seeks daily investment results, before fees and expenses, of 300% of the price performance of Standard and Poor's Energy Select Sector Index. There is no guarantee the fund will meet its stated investment objective.
See more details on sponsor's website

Sector: Basic Materials

Country: United States

Key Info

In Your Portfolio: A Guide to Sector ETFs, Energy ETFs
Asset Class Performance: Sectors

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| Earnings
| Dividends
| M&A
| On the move

Friday, May 3, 8:00 AM "We don't want to sell in May and we continue to prefer cyclicals (XLY, XLI, XLB, XLE) ," says JPMorgan's Tom Lee, fully returned to his normal bullish stance. He notes client positioning is "dramatically different" from the heavily long stance of the last 3 years at this time. More, the downturn in gasoline prices could ad 50 bps to GDP in Q2, and the rally in high-yield suggests the economy is set to get stronger. 1 Comment
Monday, April 29, 8:41 AM Credit Suisse remains bearish on the commodity sector, noting years of high prices triggered a capex surge, with new supplies coming on just at the time they're not needed. Mining stocks (XME) may look cheap, says the team, but it's a sector that once it gets oversold tends to remain so. Big-cap oil (XLE)? It tends to outperform only during periods when stocks are falling, credit spreads are rising, or the oil price is spiking - none of which is likely. Comment! [Commodities]
Friday, April 26, 4:54 PM Recent underperformance in Exxon's (XOM) shares is unwarranted and is about to turn a corner, Cowen says, but not everyone on Wall Street agrees. Goldman Sachs is Neutral on XOM following Q1 earnings and sees production declines and reductions in overall cash returns. Deutsche Bank paints the entire integrated oil sector (XLE) with a broad brush: "no growth and declining returns." 2 Comments [Energy]
Friday, April 26, 10:37 AM This week has seen a nice pickup in battered cyclical sectors, as the materials sector (XLB), the year’s second-worst performing group, began today as the week’s top gainer, rising 4.5%. Next was energy (XLE), the year’s third-weakest, up 3.2%. MKM Partners thinks it means the recent gains may morph into sustained momentum, and likes adding June calls in XLB and the oil service ETF (OIH). 1 Comment [Energy]
Friday, April 26, 8:34 AM The beginning of a bigger move? Two of the year's three strongest performing sectors - healthcare (XLV) and consumer staples (XLP) - are down on the week as the three weakest sectors - energy (XLE), materials (XLB), and tech (XLK) - post gains of 3%-4.5%. 2 Comments
Wednesday, April 17, 12:57 PM Energy stocks (XLE -2.8%) trade well below the broader market as crude oil futures plunge after a surprising drop in U.S. distillate supplies and a smaller drop in crude supplies than API data showed. With the U.S. dollar substantially higher, analyst Tariq Zahir sees crude continuing its downward trend. Refiners: VLO -3.9%, TSO -5.6%, PBF -6.3%, CVI -6.8%. Big losers: LPI -5.4%, HLX -5.9%, PDS -6.5%, PWE -5.8%, KOG -4.4%. Comment! [Energy, On the Move]
Monday, April 15, 11:57 AM It's not as bad as gold, but crude oil is taking a beating too as weaker-than-anticipated economic reports from China deepen demand worries. Goldman Sachs says it has closed its long position in Brent crude with a loss of ~15%, worried prices will come under more pressure as European refining capacity comes back online after routine maintenance. WTI -2.9% to $88.59, Brent -2.6% to $100.45. Comment! [Energy, Global & FX]
Monday, April 15, 11:24 AM A 2.5% move up in Citigroup following earnings is allowing the banks (XLF) to tread water or even move higher in an otherwise bright red tape. Leading the S&P on the downside is the resources sector, XLE -2.9%, XLB -2.5%. S&P 500 (SPY) -0.7%. Comment! [Financials]
Thursday, April 4, 3:10 PM A few leave the bullish camp in the AAII Investor Sentiment survey, their number declining 2.9 points to 35.5%. A slight drop in bears brought their number down to 28.2%, the lowest level in 9 weeks. A special question asked for investor's favorite sector. The winner? Energy (XLE), including MLPs (AMJ), with 30% of the votes. Comment!
Thursday, March 28, 11:12 AM The U.S. government reportedly is set to lift the embargo of shale gas to Japan as early as next month, giving conditional approval and then proceeding to examine Japanese companies and their shale gas projects on a case-by-case basis. Japan's LNG imports have been rising since the 2011 Fukushima nuclear plant disaster, and U.S. LNG prices have been falling due to the sharp rise in shale gas output. 3 Comments [Energy, Global & FX]
Wednesday, March 27, 2:51 PM Green enters the major averages which all were down nearly 1% in the day's early going on EU bank worries. The Nasdaq +0.1% even as Apple and Google slip more than 1%. The DJIA -0.2%, the S&P 500 -0.1%, with financials the biggest drag, but energy (XLE) and healthcare (XLV) mostly higher. 2 Comments
Thursday, March 21, 9:38 AM Goldman Sachs believes the selloff in oil service stocks creates a buying opportunity, as it sees Q1 earnings growing at a faster rate driven by completion work. The firm expects Halliburton (HAL) to report in-line Q1 results and recommends buying on the recent pullback, suggests Basic Energy (BAS) on better utilization, and likes Nabors Industries (NBR) on relative valuation. 9 Comments [Energy, Quick Ideas]
Wednesday, February 20, 3:21 PM Why the tumbling price of crude matters? The energy sector (XLE) has been the clear leader in 2013's rally, notes ukarlewitz. If it turns, will another sector step up or will energy lead the way down? Comment! [Energy, On the Move]
Thursday, January 31, 11:57 AM Fidelity Contrafund manager Will Danoff is cautious about the energy sector (XLE), noting some companies continue to chase growth at the expense of returns. The industry - which made a massive investment in shale gas, causing prices to collapse - is doing the same thing with shale oil, he says. Comment! [Energy]
Wednesday, January 30, 9:11 AM Quick question: What's the biggest holding in the SPDR Retail ETF (XRT)? It's Netflix, with 1.68% of assets. Money poured into the XRT yesterday, with the fund growing AUM by 31.25% (Amazon is a 1.07% holding). The Transports (IYT) saw a big inflow, growing AUM by 17.9%. Losing funds was the SPDR Oil & Gas Explorers (XOP), down 15%. Comment!
Friday, January 25, 10:27 AM Halliburton (HAL +4.6%) hits a 52-week high following upside Q4 results, leading the oil services (OIH +1.5%) and energy (XLE +0.8%) sectors; peers SLB and BHI also move up. Barclays sees up-and-coming offshore drillers Atwood Oceanics (ATW), Ocean Rig (ORIG) and Pacific Drilling (PACD) coming along for the ride as ways to gain exposure to the global proliferation of offshore drilling. 1 Comment [Energy, Quick Ideas, On the Move]

ltfinger
New Upgrades (5/3/13): $AIT, $ALK, $AMAG, $AMTD, $AREX, $BDX, $BHI, $CSU, $EMR, $ERX, $ET, $EXLP, $EZA, $FCX, $FIX, $FLR, $FSYS, $GILD
May 6, 9:26 AM
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ltfinger
Potential Downgrades (4/2/13): $BYI, $CBI, $CBS, $CEB, $CGNX, $CLH, $CP, $CPSI, $CREE, $CSH, $CTRP, $CXO, $DPZ, $EME, $ERJ, $ERX
Apr 3, 1:21 AM
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ltfinger
Returning Upgrades (3/28/13): $CGNX, $CMG, $COO, $CP, $CPSI, $DIG, $DNB, $DST, $DTE, $ERX, $FBT, $GMT, $HES, $IBB, $IP, $IYT, $LSTR, $MIDD
Apr 1, 9:10 AM
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ltfinger
Today's Potential Downgrades (3/19/13): $DHR, $DIS, $E, $EOG, $ERJ, $ERX, $EXXI, $FRAN, $GCO, $GWRE, $INFA, $JOSB, $KMT, $KSS
Mar 20, 8:51 AM
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ltfinger
Today's New Upgrades (3/14/13): $APC, $AREX, $BEAM, $BHI, $CAM, $CHRW, $CNQ, $CPRT, $CVLT, $CXO, $DO, $E, $EOG, $ERX, $EXPE, $FRAN
Mar 15, 9:34 AM
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Maria Auziliadora: well the market is terrible and it has brought down many stocks
Mar 19, 1:38 PM
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ltfinger: Yeah: $SPY, $DIA, and $QQQ were flagged as a Sell per yesterday's market close (see http://seekingalpha.com/p/zqmx)
Mar 19, 5:22 PM
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The_American
STO TOT PBR RDS.A XOM OIH ERX HAL SLB USO UNG look attractive on pullback. Look for insider buying TC HL GDX GDXJ GLD SLV GFI ABX AUY SGOL S
7/11/12
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eabyrd
ERX looking to be a good buy if you think the bottom on oil is in... Better prices may still await, though.
6/21/12
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pablo63: Try July 36 calls !
6/21/12
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eabyrd: Or sell a July 32 put... decent premium to own it below it's recent lows.
6/21/12
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freefdawatchlist
http://bit.ly/K5ydpJ It's time to add up ERX in your portfolio on weakness
5/20/12
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freefdawatchlist
http://stks.co/3nZT China Rate Cut will boost stock market. $GLD, $AGQ, $SLV, $FAS $ERX $SPY $DIA. Bad news for $TVIX, $VXX $UVXY $TZA
5/12/12
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eabyrd
Energy recovering some... ERX on the radar.
5/8/12
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LATEST REPLIES

ltfinger
Today's New Upgrades (3/14/13): $APC, $AREX, $BEAM, $BHI, $CAM, $CHRW, $CNQ, $CPRT, $CVLT, $CXO, $DO, $E, $EOG, $ERX, $EXPE, $FRAN
Mar 15, 9:34 AM
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Maria Auziliadora: well the market is terrible and it has brought down many stocks
Mar 19, 1:38 PM
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ltfinger: Yeah: $SPY, $DIA, and $QQQ were flagged as a Sell per yesterday's market close (see http://seekingalpha.com/p/zqmx)
Mar 19, 5:22 PM
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eabyrd
ERX looking to be a good buy if you think the bottom on oil is in... Better prices may still await, though.
6/21/12
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pablo63: Try July 36 calls !
6/21/12
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eabyrd: Or sell a July 32 put... decent premium to own it below it's recent lows.
6/21/12
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golfitobob
Guys, when baba says topping an sell APA an ERX an the 3 xs an flip escuchen
11/16/11
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REIT: llloooolll
11/16/11
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campusglass: dont lol at that. Hes given me some very helpful advice
11/17/11
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golfitobob
ERX stop up 51.10
11/16/11
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cheme: Nice gain! I dumped RUSL too early also...made some small change.
11/16/11
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golfitobob: Never 2 early You make a dollar & trade a million more times.Llose a dollar & how many b 4 u stop !? I don't look 4 top/bottom not a genius
11/16/11
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golfitobob
ERX @ 49.90
11/15/11
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golfitobob: 50.57 gone
11/15/11
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golfitobob: got cash for one more ! watching an 3 for 3 $ 2020.oo
11/15/11
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golfitobob
Back! Just added FAS again as Bond auction was weak & yield went up. We will see added ERX back for Middle East weekend chatter, We will see
11/9/11
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golfitobob: I had them place a bid @ then the low when I left @ 48 I see it is lower,so,I assume all have it ! I c your email&stop ? ALWAYS !! 19 cents
11/9/11
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golfitobob: G, you said best essay ! KEY was stop ! Always a stop.STOP goes in ASAP Always The KEY is small losses ! over/over G-ds gift is a stop ! gb
11/9/11
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golfitobob
ERX loss wipes out 800 of 900 APA gain.Can't win them all.Will, buy oil by friday ! Learned about ERX & moved.No patience.George Good call !
11/9/11
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miscon2: Makes sense... Its the fast daytrades/coupla day holds where low vol bit me.
11/9/11
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golfitobob: Just got back online.4 months of instaposts & comments warning EU would cross pond&US Is as bad & will collapes! Thank G I get stopped & $s
11/9/11
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golfitobob
Getting ready for Nov 11 UN vote. Just dumped APA @ 104.99 for 4,70 gain and switched to ERX @ 54.30 Thanx to George M .Didn't know symbol
11/8/11
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Demi9OD: Don't you think we get some pullback before Friday to add at a better price Bob?
11/8/11
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golfitobob: EU good news an Euro climbs to 140. Oil goes higher
11/8/11
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campusglass
Buy & hold ERX terrible idea?
10/31/11
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Irishmedic: Thats perfect, pick a company you know, and watch it in relation to the broader market. I only play short term call options at the moment,
10/31/11
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Irishmedic: When you see me buy puts, They will be 6 - 9 months
10/31/11
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ERX Direxion Daily Energy Bull 3x Shares ETF

ERX

Direxion Daily Energy Bull 3x Shares ETF