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Gush

GUSH: LEVERAGED BUY opportunity in BEAR MARKETFUNDAMENTALLY: Oil being a commodity is a safe play during any bear market or market crash. The talk about a future market crash is inescapable. Post COVID we saw a REACTION, not a “crash” I believe we will now see a true market crash post COVID. Alternatively the world is looking to go green, stretching their arms to reach for greener projects. However, it’s never the case that everyone succeeds perfectly. METAPHOR: For example, say you have a classroom of straight A students, and you give them paper and pencils and tell them to do a difficult math problem set for you, they might all finish in the time frame some may take extra time but they will all write with that pencil and erase. The lead is clean energy use the eraser oil energy use. Everyone needs to erase. Oil prices are on the steady rise and the shortage is growing. We don’t have enough green energy to support ourselves. People NEED oil. TECHNICALLY: There are much higher price points we see GUSH hit pre COVID. And I think we could be hitting half of those price points in the near future. The cup with handle pattern = strong bullish pattern, and the Adam and Eve bottoms support it.
AMEX:GUSHLong
by StefanoViacava
2
Long $USOIL $GUSH $XOPFrom the NYT : "Under the agreement, members of the Organization of the Petroleum Exporting Countries along with Russia and other countries will increase production by 500,000 barrels a day in January and, potentially, by a similar amount in the following months. The increase, less than 1 percent of the global oil market" From WSJ : "The price rout has also laid low big, publicly traded oil companies like Exxon Mobil Corp. and Royal Dutch Shell PLC, triggering big losses and job cuts. Shell and BP PLC both recently cut their dividend for the first time in years to preserve cash. Chevron Corp. on Thursday said it was joining peers in slashing spending." Oil companies are an important fixture in all of the most powerful countries in the world. While I fully recognize that the oil industry is a dying one, the financial stress that the majors are currently under is causing them to be undervalued relative to their integration, importance, and efficiency at this point in time. Higher oil prices from where they currently are is in the best interest of every major economy. It is a perfect time to make this happen given the effectiveness of the almost-approved Covid-19 vaccines. Just an idea!
FX:USOILLong
by jfs2152
$GUSH Moon: Silly HIGH ROI looms as real possibility in this ETF$GUSH has so much latent potential in a healthy economy and is a top ETF in any energy investor's choices. To call a previous annual high back to reality would bring a rapid gain to all positioned in this ETF which is managed by Paul Brigandi. He basically put a package (assembled) today that *nearly* matched one of the emerging stocks in the oilfield arena: $LBRT. Liberty gained 6+% while $GUSH was +5.8% on the respective entrance points. Liberty provides a certain steady gain in cyclical fashion while the leveraged ETF hedge fund is basically a double BULL horn to the status of a world torn between two exclusive outcomes: COVID hotspots while a vaccine looms in the very near future. $USOIL has had its uncertainty and was fighting 40/bar. resistance for the last several months, But that, too, appears to be coming to its end, and the possibility that crude climbs 45 per barrel before the "holiday season" is still fully within the play. Good luck whatsoever your plans, but I have shortened my interests to two positions, both mentioned here- LBRT and GUSH. There is an off-chance of re-entering a position on Halliburton but a 14.2 entrance point isn't exactly enticing - just feeling the pulse of $HAL. As it is. VIVA GUSH. Liberty may match it growth wise for a while, but GUSH is a leveraged fund that will payout nicely in a bull run for oil..t. Two positions I AM VERY LONG ON, but one chart here, just $GUSH. It's the attractive ETF that is about to re-peak, return, to high levels already realized within the last six-months. Adios. BDR. Note: See related idea from the day this position was first entered.
AMEX:GUSH
by BDRTrigger33
Breakout Bullish Oil ETF GUSH has potential +1000% GainsAMEX:GUSH GUSH, provides 3x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. These leverage funds are designed to move three times the daily change in the underlying index. The EFT has taken a significant beating and poses significant investment risk. The coronavirus and Saudi “price war” have been a perfect storm to drive oil related stocks down. Even as crude oil prices recover it may not be enough for this fund to recover to previous levels. The So What?: The projected global demand for oil after COVID-19 assumptions is approximately -9.4%. With some key areas impacted being road fuel down -9.4% and Jet fuel down -31%. The total oil demand in North America for 2020 is forecasted to fall by 2.3 million bpd to 22.6 million bpd, a 9.2% decline from 2019’s 24.9 million bpd. April will see a decline of 30%, with demand falling from 24.6 million bpd to 17.2 million bpd. May will see a decline of 21.5%, with demand falling from 24.6 million bpd to 19.3 million bpd. However, as social distancing guidelines are loosened oil demand volumes are expected to increase gradually in June, July, and August. Ultimately, oil demand levels return to the previous year’s levels by December. GUSH has lost -94% of its value in the past three months as the COVID pandemic and oil price war has taken its toll. But the dependency the world has on fossil fuels has not changed. As the world returns to some form of normalcy, the demand for oil and gas will increase in stride. I anticipate this ETF will gain approximately 1000% in value by 2020 years end. The Why?: Trading volumes for GUSH are occurring at very high levels, showing signs of a stabilized floor established and the current price is positioned in a bullish zone. The potential to seize significant investment gains of +1000%, significantly outweighing any potential risk for me to make on this investment. I am not a financial advisor. The advice here given is not financial advice even though my excitement might make it look like such. Trade at your own risk and remember nobody can guarantee you results. I conduct analysis and make informed decisions on what I believe is right and at the end of the day, I am just a person, not an expert. Again, this is my belief, a belief of an ordinary man, who just works hard and enjoys the pleasures of swing trading personally. Darell
AMEX:GUSHLong
by mykonchince
19