Decline in Oil Prices Presents Opportunities for Inverse ETF Investors
This article was originally published on ETFTrends.com.
Oil prices fell today, notching their first weekly loss since mid-August, allowing for opportunities for traders to use an inverse oil ETF play like the Direxion Daily S&P Oil & Gas Exploration & Production Bear 3x Shares (NYSEArca: DRIP). WTI Crude Oil dropped 1.40% to $67.77 and Brent Crude Oil is down 1.01% to $76.50 as [...]