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HEADLINES:

Coal Bed Methane: The Next Shale Gas Revolution?
MetalMiner • Fri, Apr 12 • 10 Comments
Crude Oil And Natural Gas Production Is Rising In The U.S.
David Hunkar • Mon, Mar 18 • 5 Comments
ETF Deathwatch For March 2013: Best Improvement Ever
Ron Rowland • Thu, Mar 7 • 2 Comments
An Almost Risk-Free Way For Annual Return Of 50%+
Macro Investor • Sat, Dec 15, 2012 • 111 Comments
ETF Deathwatch For November 2012: List Shrinks As Deaths Increase
Ron Rowland • Tue, Nov 13, 2012 • 3 Comments
4 Investment Opportunities From The Inside Commodities Conference
CommodityHQ • Sun, Oct 14, 2012 • 3 Comments
A Price Shock For Canadian Natural Gas?
Oil and Gas Investments Bulletin • Mon, Aug 6, 2012
Natural Gas Prices: America's Energy Jackpot
Mark J. Perry • Wed, Aug 1, 2012 • 32 Comments
Momentum Trades XIII: Hot Hands ETFs Up 12.54%
Fredrik Arnold • Wed, Jul 25, 2012 • 4 Comments
Momentum Trades XII: Hot Hands ETFs In May
Fredrik Arnold • Wed, Jun 20, 2012
S&P Breaks Support: 83 Inverse Equity ETFs To Use As A Hedge
Epsilon • Wed, Jun 6, 2012 • 4 Comments
Upcoming Weather Patterns And Why Natural Gas Prices Should Stay Down
James Roemer • Sun, Apr 15, 2012 • 6 Comments
Natural Gas Production And Demand Outlook
Valerie Wood • Wed, Mar 28, 2012 • 4 Comments
How To Profit From A Stock Market Crash, Part II: Inverse Equity ETFs
Epsilon • Sun, Feb 12, 2012 • 6 Comments
Economic Tailwind: No Sign Of The Natural Gas Glut Ending Anytime Soon
Dana Blankenhorn • Tue, Jan 24, 2012 • 64 Comments
How To Bet Against The Market Without Shorting Or Using Options
Epsilon • Thu, Dec 1, 2011 • 17 Comments
Direxion Boosting Leverage In Several ETFs
Tom Lydon • Tue, Nov 29, 2011 • 1 Comment
Direxion's 2x ETFs Becoming 3x ETFs
Michael Johnston • Mon, Nov 28, 2011
How Do Commodities Perform In November?
The Oxen Group • Wed, Oct 26, 2011 • 1 Comment
ProShares Debuts Pair Of Geared Natural Gas ETFs
Michael Johnston • Mon, Oct 10, 2011 • 2 Comments

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There are no Focus articles on GASX.

Coal Bed Methane: The Next Shale Gas Revolution?
MetalMiner • Fri, Apr 12 • 10 Comments
Crude Oil And Natural Gas Production Is Rising In The U.S.
David Hunkar • Mon, Mar 18 • 5 Comments
ETF Deathwatch For March 2013: Best Improvement Ever
Ron Rowland • Thu, Mar 7 • 2 Comments
An Almost Risk-Free Way For Annual Return Of 50%+
Macro Investor • Sat, Dec 15, 2012 • 111 Comments
ETF Deathwatch For November 2012: List Shrinks As Deaths Increase
Ron Rowland • Tue, Nov 13, 2012 • 3 Comments
4 Investment Opportunities From The Inside Commodities Conference
CommodityHQ • Sun, Oct 14, 2012 • 3 Comments
A Price Shock For Canadian Natural Gas?
Oil and Gas Investments Bulletin • Mon, Aug 6, 2012
Natural Gas Prices: America's Energy Jackpot
Mark J. Perry • Wed, Aug 1, 2012 • 32 Comments
Momentum Trades XIII: Hot Hands ETFs Up 12.54%
Fredrik Arnold • Wed, Jul 25, 2012 • 4 Comments
Momentum Trades XII: Hot Hands ETFs In May
Fredrik Arnold • Wed, Jun 20, 2012
S&P Breaks Support: 83 Inverse Equity ETFs To Use As A Hedge
Epsilon • Wed, Jun 6, 2012 • 4 Comments
Upcoming Weather Patterns And Why Natural Gas Prices Should Stay Down
James Roemer • Sun, Apr 15, 2012 • 6 Comments
Natural Gas Production And Demand Outlook
Valerie Wood • Wed, Mar 28, 2012 • 4 Comments
How To Profit From A Stock Market Crash, Part II: Inverse Equity ETFs
Epsilon • Sun, Feb 12, 2012 • 6 Comments
Economic Tailwind: No Sign Of The Natural Gas Glut Ending Anytime Soon
Dana Blankenhorn • Tue, Jan 24, 2012 • 64 Comments
How To Bet Against The Market Without Shorting Or Using Options
Epsilon • Thu, Dec 1, 2011 • 17 Comments
Direxion Boosting Leverage In Several ETFs
Tom Lydon • Tue, Nov 29, 2011 • 1 Comment
Direxion's 2x ETFs Becoming 3x ETFs
Michael Johnston • Mon, Nov 28, 2011
How Do Commodities Perform In November?
The Oxen Group • Wed, Oct 26, 2011 • 1 Comment
ProShares Debuts Pair Of Geared Natural Gas ETFs
Michael Johnston • Mon, Oct 10, 2011 • 2 Comments

There are no Transcripts on GASX.

There are no News articles on GASX.

GASX vs. ETF Alternatives

GASX Description

The Direxion Daily Natural Gas Related Bear 3x ETF seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the ISE Revere Natural Gas IndexTM. There is no guarantee the fund will meet its stated investment objective.
See more details on sponsor's website

Key Info

In Your Portfolio: Energy ETFs, A Guide to Commodity ETFs and ETNs
Asset Class Performance: Commodities

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| On the move

Monday, May 6, 5:00 AM President Obama has signaled his support for increasing the U.S.'s exports of natural gas, saying that the country will probably be a net seller of LNG by 2020. The Department of Energy is assessing applications for 20 projects to export gas to nations with which the U.S. doesn't have a free trade agreement. Companies that could benefit include Dominion Resources (D), Cheniere Energy (LNG), Oiltanking Partners (OILT), Williams Cos. (WMB), Boardwalk Pipeline Partners (BWP) and Sempra Energy (SRE). Dow Chemical (DOW) and Alcoa (AA) are among those to oppose increased LNG exports, as it could raise their costs. 8 Comments [Energy, Top Stories]
Monday, December 31, 2012, 5:40 PM After-hours top gainers, as of 5:15 p.m.: GASX +5.4%. VELT +3.2%. IFGL +2.1%. TRX +2%. VISN +2.0%.
After-hours top losers: HHC -5.3%. NUS -4.6%. POWR -4.6%. WBC -4.5%. LINTA -3.5%. Comment! [On the Move]
Thursday, August 9, 2012, 8:09 AM Another coal-fired power plant is set to go dark, the Rochester, MN utilities board voting to retire its Silver Lake facility. Cheap natural gas and wind power is making it cheaper to buy power off the regional grid, and there's also the whole clean air thing. (see also) 5 Comments [Energy]
Wednesday, August 8, 2012, 10:01 AM Data for the construction of power generation facilities in H1 paints a stark picture of the ascendance of natural gas, with 3,708 MW gas-fired plants built, 2,367 MW of wind farms developed, and 1,608 MW of coal stations constructed. Gas provides 41.8% of U.S. electricity, coal 29.7%, nuclear 9.2%, water 8.7%, wind 4.3%, geothermal 0.3%, and solar 0.3%. Comment! [Energy]
Friday, July 20, 2012, 2:25 PM Chesapeake Energy (CHK -6.5%) is sliding on heavy volume. Reuters reports the SEC's Texas office has been demanding documents from Chesapeake as part of the agency's probe into the company's deals with CEO Aubrey McClendon. Meanwhile, Baker Hughes (BHI +9.4% - previous) reports the rig count for U.S. natural gas wells has fallen to 518 thanks to weak prices. That figure is down 45% from October's high, and represents a 13-year low. 10 Comments [Energy, On the Move]
Thursday, July 12, 2012, 10:55 AM Natural gas plunges following the small add in inventories last week despite cooling degree days being 50% higher than normal. UNG -3.3%. Producers: APA -2.7%, CHK -3.7%, APC -2.8%. 15 Comments [Energy, Commodities]
Friday, July 6, 2012, 4:49 PM While natural gas futures sold off today (like many other commodities), Henry Hub gas spot prices rose 1%. That helped some natural gas names rally on a down day. CHK +2%. APL +1.8%. OKS +1.2%. EROC +1.2%. 4 Comments [Energy, On the Move]
Tuesday, May 8, 2012, 3:28 PM Natural gas flies higher, moving to $2.43. Chatter is centered around DHS advising that gas pipeline companies have been under cyberattack for several months. UNG +4.1%. Comment! [Commodities, On the Move]
Monday, May 7, 2012, 10:07 AM "You have stretched the rubber band ... as much as you can," says an analyst, not expecting utilities to switch from coal to natural gas much more after coal accounted for just 37% of electricity production in February (46% a year ago). Cheap gas can actually hurt some power producers as it drives down wholesale prices faster than costs. 16 Comments [Energy, Commodities]
Wednesday, May 2, 2012, 9:02 PM Maybe another sign the long slide in natural gas is nearing its end, legendary trader John Arnold is hanging up his spurs after a couple of years of unsatisfactory returns, according to sources. Gas prices dove by a nickel on the news as some believe Arnold's Centaurus Fund will need to unwind positions, while others say his departure just reinforces poor market sentiment. 5 Comments [Energy, Commodities]
Monday, April 30, 2012, 3:19 PM Natural gas is flying higher, +4.7%, perhaps encouraged by the fact that producers are cutting back on drilling. "The Jeff Gundlach trade is having an insanely good day today," writes Joe Weisenthal. The bond man said last week he would like to go long natty/short Apple with 100X leverage. Apple -3.1%. 7 Comments [Energy, Commodities]
Monday, April 30, 2012, 7:38 AM The number of rigs drilling for natural gas in the U.S. falls to 613, the lowest level in 10 years as low prices force producers to cut back. Perhaps anticipating slowed production, gas prices last week pulled back from their free fall. The number of rigs drilling for oil was off a hair, but remains near a 25-year high. Comment! [Energy]
Thursday, April 26, 2012, 12:51 PM Jeff Gundlach stirs things up at the New York Yacht Club, the bond man telling a luncheon if he were master of the universe (isn't he?), he would be short Apple and long natural gas with 100X leverage (prev. on NG). On the Fed: There's no inflation only if you look at house prices and wages, and yesterday "added another dose of confusion" to the mix. 34 Comments
Tuesday, April 17, 2012, 5:18 PM "It's like investing in gold in 1997," says bond man Jeff Gundlach of his favorite investing idea - natural gas - which DoubleLine is accumulating in one of its funds. On the question of QE3, he says we're already doing it - it's called Operation Twist - and when it's over he expects equities to struggle. Stock valuation in general right now? The PE on major indices should be in the single digits. Q&A here. Blog here. 12 Comments [Commodities, Quick Ideas, U.S. Economy]
Wednesday, April 11, 2012, 4:31 PM The nominal price of natural gas dipped below $2 to the lowest price in 10 years, but adjusted for inflation, the price has fallen below its 1994 level. It might be the lowest price ever, suggests Mark Perry, but the EIA's price series only goes back to 1994. 14 Comments [Energy, Commodities]
Wednesday, April 11, 2012, 3:31 PM Canadian lenders are doing their part to slow the glut of natural gas by pulling in loans to producers. "Anybody that's at 50% gas-weighted is in some jeopardy here," says an analyst. Compton Petroleum (CMZPF.PK) plummeted 40% this week after its lenders reduced a facility by $30M to $110M. Comment! [Energy]

Bill Maurer
AAPL continuing to lead market lower. Does SPY go to 1300 (on the index)? If so, get long 3x short funds. I am long GASX now.
7/11/12
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Bill Maurer
Kicking myself for not buying GASX under $18.40 this morning...
7/10/12
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cheme
I say we go lower into the afternoon...dumped my TVIX but still holding EDZ and GASX.
10/13/11
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Native Texan: Hell yes we're going lower! The Shorty Shorty Choo Choo is heading back for station 1120.
10/13/11
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cheme
Sold my SINA puts, mkt doesn't want to fall. Still keeping my hedges tho...EDZ & GASX (more so an oil short than a nat gas..exiting soon).
10/7/11
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Alex B. Gray
Oil down slightly $USO, $OIL, $OIH,, $OLO, $DBO, $UCO, $USL. Natural gas up $UNG, $GASL, $GASX, $FCG, $GAZ, $GAZC, $MLPG.
11/8/10
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Alex B. Gray
Oil $USO, $OIL, $OIH,, $OLO, $DBO, $UCO, $USL pops in early trading. Natural gas $UNG, $GASL, $GASX, $FCG, $GAZ, $GAZC, $MLPG is flat.
11/3/10
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Alex B. Gray
Natural gas $UNG, $GASL, $GASX, $FCG, $GAZ, $GAZC, $MLPG, $FSNGX prices slip lower after strong open.
11/1/10
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Alex B. Gray
Natural gas $UNG, $GASL, $GASX, $FCG, $GAZ, $GAZC, $MLPG, $FSNGX prices are headed higher despite glut concerns.
11/1/10
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LATEST REPLIES

cheme
I say we go lower into the afternoon...dumped my TVIX but still holding EDZ and GASX.
10/13/11
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Native Texan: Hell yes we're going lower! The Shorty Shorty Choo Choo is heading back for station 1120.
10/13/11
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GASX Direxion Daily Natural Gas Related Bearish 3x ETF

GASX

Direxion Daily Natural Gas Related Bearish 3x ETF