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QuestionsCategory: QuestionsNRGD and OILD
Adam Nelsson asked 2 years ago
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
1 Answers
Avatar photoOwen Staff answered 2 years ago

Hi Adam,
Pat made this video for you...