Oil & Gas Exp. & Prod. Bull and Bear 2X ETFs | GUSH DRIP (2024)

FAQs

Why is GUSH dropping? ›

Although it is up on a 12-month basis, GUSH has had a poor year so far in 2022. The fund currently trades at $106.00, down from a 52-week high of $257.76. The reason the fund has lost over half its value since peaking is that the underlying index itself is down nearly 20 percent in the last three months.

DRIP is an ETF that seeks daily investment results of 200% of the inverse of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. DRIP is to be used as a day trading tool only given its leverage and volatility (110 Standard Deviation on a 5-year lookback period).

index. * The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.93% for GUSH and 0.95% for DRIP.

GUSH is up over 100% in the last few months thanks to its added dose of leverage. The ETF seeks daily investment results of 200% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index.

The odds of a continued upward trend are . GUSH moved above its 50-day moving average on June 07, 2023 date and that indicates a change from a downward trend to an upward trend.

It has moved by 15.06% in the past week and is currently at $0.3. Infact, in the past 24 hours, DRIP has dumped by -7.82%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and DRIP could hit $249.06 in 2024.

But bottom line, reinvesting dividends through a broker or by signing up for DRIP plans directly through dividend-paying companies, is a surprisingly powerful tool to passively improve your investment returns. So yes, DRIP plans are worth it, as long as they fit with your investing goals.

DRIPs can offer long-term investors a way to save money as they continue to invest in the same company over time. However, it's important to weigh your long-term goals with your short-term needs to determine if participating in a DRIP makes sense for you.

The benefits of a DRIP are many, the most obvious being the ability to buy additional shares of a company you own without any extra commission fees. This feature was especially useful in years past when commissions at brokerages were much higher than they are today.

Typically, any expense ratio higher than 1% is high and should be avoided, however it's important to note that many investors choose to invest in funds with high expense ratios if it's worth it for them in the long run.

What is the best expense ratio? ›

A number of factors determine whether an expense ratio is considered high or low. A good expense ratio, from the investor's viewpoint, is around 0.5% to 0.75% for an actively managed portfolio. An expense ratio greater than 1.5% is considered high.

For Direxion Daily S&P Oil & Gas Ex Stock (GUSH) price forecast for 2025, a forecast is offered for each month of 2025 with average GUSH price forecast of $5,425.34, a high forecast of $6,477.05, and a low forecast of $5,425.42.

Watching stocks go up and down might make you wonder: How high can a stock go? Berkshire Hathaway (BRK. A) - Get Report is the most expensive stock of all time in terms of its price per share.

The 1987 stock market crash, or Black Monday, is known for being the largest single-day percentage decline in U.S. stock market history. On Oct. 19, the Dow fell 22.6 percent, a shocking drop of 508 points.

Stock Price Forecast

The 29 analysts offering 12-month price forecasts for Target Corp have a median target of 180.00, with a high estimate of 220.00 and a low estimate of 130.00. The median estimate represents a +41.75% increase from the last price of 126.98.

The GUSH ETF holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock.

You can enrol into a DRIP either directly by approaching the investor's cell of the company or through a brokerage firm providing this facility. In either case, the shares will be purchased in your name. The better way is to buy DRIPs via your broker so that all your investments are organized in one place.

According to our Drip Network price prediction, the price of DRIP can hit $0.2709886 in the next 10 days, what's about the long-term forecast price for 2025 will be $1.21, and the prediction for 2030 is $2.14.

What companies offer DRIP stocks? ›

Best Investing Strategies: Buy and Hold. Buy and hold investors believe that "time in the market" is better than "timing the market." If you use this strategy, you will buy securities and hold them for long periods of time. The idea is that long-term returns can overcome short-term volatility.

Buy and hold

A buy-and-hold strategy is a classic that's proven itself over and over. With this strategy you do exactly what the name suggests: you buy an investment and then hold it indefinitely. Ideally, you'll never sell the investment, but you should look to own it for at least 3 to 5 years.

Even though investors do not receive a cash dividend from DRIPs, they are nevertheless subject to taxes, due to the fact that there was an actual cash dividend--albeit one that was reinvested. Consequently, it's considered to be income and is therefore taxable.

Most DRIPs allow investors to buy shares commission-free or for a nominal fee, and at a significant discount to the current share price; they may set dollar minimums. However, most do not allow reinvestments much lower than $10.

These advisers say there are other downsides associated with DRIPs, including the bookkeeping hassles and tax headaches that go along with using dividends to make many small purchases of stock over long periods, as well as potential fees that some companies charge to set up and exit their programs.

As long as a company continues to thrive and your portfolio is well balanced, reinvesting dividends will benefit you more than taking the cash will. But when a company is struggling or when your portfolio becomes unbalanced, taking the cash and investing the money elsewhere may make more sense.

In order of liquidity, the most liquid investments include: Money – actual cash currencies. Money market assets – short-term debt securities such as CDs or T-bills. Marketable securities – stocks or bonds.

Reinvesting dividends will increase your position in the company paying them. If that company already represents, say, 5% or more of your portfolio, it may be wise to avoid getting too concentrated and not reinvest your dividends.

In the case of the DRIP, considering the stock price of INR 100 per share, a person will receive an additional 5.25 shares in his account. In the case of the Dividend Reinvestment Plan, the reinvestment of dividends happens in shares at a price lower than the current market price.

What is a good expense ratio for ETFs? ›

A good rule of thumb is to not invest in any fund with an expense ratio higher than 1% since many ETFs have expense ratios that are much lower. Also, ETFs tend to be passively managed, which keeps the management fee low.

ETFs are more tax-efficient than index funds by nature, thanks to the way they're structured. When you sell an ETF, you're typically selling it to another investor who's buying it, and the cash is coming directly from them. Capital gains taxes on that sale are yours and yours alone to pay.

Just keep the spending under control. Try to keep your bills to 33% of your income. This is really going to differ on where you live, but use the 33% as a guide. That way you can easily divide up your income into three parts – 33% as housing, 33% as bills, then 33% as everything else.

Ideally, your 401(k) fees should be well under 1%, especially if you're part of a large-scale plan (anything over 1% should be scrutinized). Fees can have a significant impact on your bottom line, so it pays to find out what you're paying—and take steps to lower them if appropriate.

Why was it such a big deal? Because Amazon's last such split was more than 20 years ago. As Amazon shares soared -- eventually reaching more than $3,000 in recent times -- investors speculated about a potential split.

Which stock is doing the best right now? ›

Black Monday crash of 1987

On Monday, Oct. 19, 1987, the Dow Jones Industrial Average plunged almost 22%. Black Monday, as the day is now known, marks the biggest single-day decline in stock market history.

One of the most famous, significant and big short squeezes of the 21 century is the sharp rise in the stock price of German car maker Volkswagen AG (XETR: VOW) in 2008. Between 24 and 28 October in that year, the company's share price recorded a 376.65% growth, up from 210.85 to 1005.01 EUR.

"In the first half of 2023, the S&P 500 is expected to re-test the lows of 2022, but a pivot from the Federal Reserve could drive an asset recovery later in the year, pushing the S&P 500 to 4,200 by year-end," the investment bank said in a research note.

The GUSH ("GUSH" ) future fund price will be 349.979 USD.

Leveraged ETFs like JNUG get crushed in a volatile market. One reason for this is because the JNUG ETF uses leverage, that leverage has to be rebalanced every day. The long and short of it is that with leveraged ETFs, the more volatile the benchmark, the more value tends to get lost over time.

For Direxion Daily S&P Oil & Gas Ex Stock (GUSH) price forecast for 2025, a forecast is offered for each month of 2025 with average GUSH price forecast of $5,425.34, a high forecast of $6,477.05, and a low forecast of $5,425.42.

How many times has GUSH split? ›

Direxion Shares ETF Trust - Daily S&P Oil and Gas Exploration and Production Bull 2X Shares (GUSH) has 6 splits in our GUSH split history database. The first split for GUSH took place on July 16, 1998.

The GUSH Exchange Traded Fund (ETF) is provided by Direxion. This ETF provides leveraged exposure (2x) to Equally Weighted US Oil & Gas Exploration & Production Equities. It is built to track an index: S&P Oil & Gas Exploration & Production Select Industry Index.

Watch for any of the indicators that a short squeeze may be coming, which include increased buying pressure, high short interest, days to cover above 10, or an RSI below 30. Most of all, you should understand that the possibility of a short squeeze makes short selling risky.

If you short a stock at $10, it can't go lower than zero, so you can't make more than $10 per share on the trade. But there's no ceiling on the stock. You can sell it at $10 and then be forced to buy it back at $20 … or $200 … or $2 million. There is no theoretical limit on how high a stock can go.

BP has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 7 buy ratings, 4 hold ratings, and 1 sell rating.

But there are also good reasons to expect the JNUG ETF is headed lower in the medium-term. In addition, the price of gold will likely underperform in the long-term. At this point, gold is a great medium-term trade, but a terrible long-term investment. But the JNUG ETF is too dangerous to hold even in the medium-term.

JNUG's next quarterly payment date is on Mar 27, 2023, when JNUG shareholders who owned JNUG shares before Mar 20, 2023 received a dividend payment of 0.17 per share.

Given the current short-term trend, the ETF is expected to rise 11.96% during the next 3 months and, with a 90% probability hold a price between $38.42 and $60.34 at the end of this 3-month period.

The IRS taxes dividends and interest payments from ETFs just like income from the underlying stocks or bonds, with the income being reported on your 1099 statement. Profits on ETFs sold at a gain are taxed like the underlying stocks or bonds as well.

ETF dividends are taxed according to how long the investor has owned the ETF fund. If the investor has held the fund for more than 60 days before the dividend was issued, the dividend is considered a “qualified dividend” and is taxed anywhere from 0% to 20% depending on the investor's income tax rate.

How often do ETFs pay dividends? ›

There are 2 basic types of dividends issued to investors of ETFs: qualified and non-qualified dividends. If you own shares of an exchange-traded fund (ETF), you may receive distributions in the form of dividends. These may be paid monthly or at some other interval, depending on the ETF.