NUGT News and Press, Direxion Daily Gold Miners Index Bull 3X Shares From 08/30/21

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...

Gold miners are extremely cheap relative to the overall U.S. stock market and also cheap relative to the price of gold. Taken together, the current gold price suggests that the enterprise value of the GDX's underlying NYSE Arca Gold Miners Index should be almost double its current lev...

Numerous multi-decade extremes support a bearish conclusion for U.S. equities. The media has featured numerous articles about how there has been a rotation among equity sectors. The assumption which underlies almost all of these analyses is that we are in a bull market and that the se...

Th spot gold price has shed 12% over the past year since topping $2K/oz., even as other commodities have climbed, but Wells Fargo expects gold will resume its leadership position in the current bullish cycle, sparked by China's purchases during recent months. "Over the past three months, gold...

It seems that the recent dip in gold and NUGT has been overdone. The chart appears to be signaling a trading bounce is now underway. This is primarily a long trading call based upon technicals and an attractive chart pattern now emerging. There also may be a supporting fundamental...

Gold took a sharp downturn Friday following release of the strong July U.S. jobs report, and here's a look at the key gold-related ETFs that fell along with it. July jobs growth of +943K beat out estimates of +900K, news that almost instantly sent gold dropping 2.5%. The precious metal q...

Two new Breakout Stocks for Week 31 with better than 10% short-term upside potential. New ETF/ETN forecast section has been added. Following the Momentum Gauges, the portfolio is up +49.8% YTD with a record 16 out of 30 weeks this year in negative market conditions above the 40 MG lev...

Gold (XAUUSD:CUR) (NYSEARCA:GLD) closed out the week slightly higher after a midweek pop on a dovish Fed faded at the end. Spot gold rose above $1,830 Thursday after Fed chief Jerome Powell assured markets that there was a lot of work to do before tapering of asset purchases could start ...

Gainers: Microsectors Gold Miners 3X ETN (NYSEARCA:GDXU) +16.6%. FTSE China Bear 3X Direxion (NYSEARCA:YANG) +12.1%. Alpha Architect ETF Trust Viridi Cleaner Energy (NYSEARCA:RIGZ) +11.8%. DJ Internet Bear 3X Direxion (NYSEARCA:WEBS) +11.6%. Gold Miners Bull 2X Direxion (NYSEAR...