NRGD and OILD

Hello Pat,  NRGD and OILD (two leveraged inverse oil ETFs) made very significant moves from Thursday to Friday last week. NRGD rose 940% overnight and OILD jumped 926%. It would have been nice to be in these ETFs, but then ownership comes with unacceptable risk. The reason I bring up these two ETFs is that they may tell a story about what is to come for energy, and oil in particular. I was wondering what your view is on the outlook for the oil sector, notwithstanding that we're always guided by price/volume action.  Kind regards,  Adam