JNUG News and Press, Direxion Daily Junior Gold Miners Index Bull 3X Shares From 12/27/21

GDXJ aims to amplify precious metal returns by focusing on the smaller mining companies. JNUG dials that up a notch by adding leverage to it. We tell you why we have not bought these two and what could make us bullish on one of them. For further details see: JNUG And GDX...

Gainers: Microsectors U.S. Big Oil Index 3X ETN (NYSEARCA:NRGU) +22%. CSI China Internet Idx Bull 2X Direxion (NYSEARCA:CWEB) +16%. Microsectors Gold Miners 3X ETN (NYSEARCA:GDXU) +14%. Junior Gold Mine Bull 2X Direxion (NYSEARCA:JNUG) +13%. S&P Oil & Gas Expl Bull 3X Direxion (NYSEAR...

The gold mining companies often magnify the moves in gold because they are leveraged to the price. The recent stance by the Fed has been perceived as slightly more hawkish creating even more selling in the gold miners. A big move up in gold will often occur simultaneously with a m...

According to a survey by the World Gold Council, almost 80% of central bank reserve managers plan to increase their gold holdings over the next year. Given that new gold supply is highly constrained, prices could reach new highs if inflation proves to be sticky rather than “tra...

A quarter century is a long time and the Gold Bugs Index is virtually flat over this timeframe. Why did this happen and what kind of returns can you expect from GDX and GDXJ today? We address these questions in the article. For further details see: GDX & GDXJ: Gold M...

Gold finished August trading at $1,813.62 per ounce, nearly unchanged from its July finish at $1,814.19 per ounce. Following the “flash crash”, gold managed to climb back above $1,800 per ounce, supported by mounting concern around the impact of the COVID Delta variant o...

The Federal Reserve bond buying/QE taper will have a more significant downward effect on US inflation than US growth due to global and emerging market spill-back effects. The US economy is on very firm footing and growth/employment has made substantial progress surpassing expectations...

Following the economic disruption of the COVID-19 pandemic and the unprecedented stimulus response, supply bottlenecks and a rebound in demand have been a feature of 2021. We observe that a diversified portfolio approach has had the highest correlation to upside inflation and the leas...

JNUG is a Direxion fund which uses leverage. The fund has chronically disappointed bulls but still has close to half a billion in assets. We look at what has happened and what are two things we would keep in mind to play it. For further details see: JNUG: Absolute Levera...

A metals bull is sounding an alarm for a potentially bearish decline. We currently have a setup developing that can provide a big hit to the metals market. I outline the parameters for this potential decline below. For further details see: Sentiment Speaks: Dangerous Pos...