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Direxion Daily Gold Miners Index Bear 2X Shares (DUST)

NYSEArca - Nasdaq Real Time Price. Currency in USD
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16.92+0.19 (+1.14%)
As of 2:34PM EDT. Market open.
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  • c
    charles
    $EGO conversation
    Gold miners 09/13/2020:
    Medium-term negative technical momentum is decelerating as the MACD histogram is printing in the red with a rising trajectory which points to positive upward consolidation. Short-term momentum has turned very positive as the fast stochastic generated a crossover buy signal. The relative strength index is moving sideways to higher which is a sign of accelerating positive momentum.
    The gap between the EU and UK are widening. Reports say that two of the UK government’s most senior legal advisors quit over professed plans to remove portions of the Brexit Withdrawal Agreement. More specifically, the UK plans to revoke its agreement to keep Northern Ireland aligned with EU customs rules. This is generating volatility in the UK markets and helping to buoy gold prices.
    The first factor making the mining sector attractive in Quarter 3 is low costs compared to rising prices. Duly noted that mining production costs have been relatively stable between 2013 and 2019. (Eldorado Gold AISCs are $850-$950/Oz)
    Management teams look increasingly focused on turning higher gold prices into free cash flow that can be returned to shareholders via dividends or reinvested in high-return projects."
    The second factor to drive value for investors is increased merger and acquisition activity in the mining sector. Land said that with more cash on hand, mining companies will look to expand their production and market capitalization, which would make them more attractive to larger investment funds.
    Franklin Templeton Investments $EGO $GDXJ $DUST $JNUG
    Bullish
  • B
    Brandon
    I made a few bucks off this last week but am worried I don't fully understand the charts/everything. if I'm predicting gold will (eventually, like Jan Feb.) be back down to $1700-1800 max. I should buy this and hold until then? this would be the best way to profit without missing the boat by buying something else too late or early?
  • B
    Brandon
    Still wondering if DUST and jdst are my best options to maximize gains, I think it’s going to go back up in the next month but after that until feb. or later I think a large decrease... $1800/ounce or less(hopefully)... anyone¿
  • j
    john
    The symbol of DUST is the meaning of it’s valued.
    Bearish
  • A
    Amanda
    Should I buy some right now?
  • P
    Papito
    What are the chances it hits that top of the 52 week range again?
  • m
    merrie
    Just found out that DUST got alerted by (http://sharelabs.xyz). Seems bullish
  • H
    Hi
    I mean, I realize that its based on miners stock performance, but how on earth is DUST down when gold is down by almost 30 dollars?
  • A
    Anonymous
    DUST can be a gamble. i have bought 20 shares @ 15.34 . will be holding long.
  • R
    Richard
    DUST is oversold and is going to make a move to 21 this week! Gold will see a mini correction
    Bullish
  • c
    cato
    Wow. Down 83% ytd. I love this bear on steroids play. I’ll be accumulating over the next year for sure.
  • t
    tyler
    DUST likely to hit tomorrow??
  • G
    GrandMasterBS
    Grand Salami
  • n
    new
    DUST is going bust as GOLD will rally to new high.
  • T
    Todd
    DUST to 13 then UP!
    Bullish
  • R
    Richard
    Best play right now next 3-4 weeks is dust. NUGT is a crowded trade now, no body is in dust, once stocks start to fall in earnings starting next week GLD will sell off, Dust going to 30-32
  • R
    Richard
    Best trade right now is DUST because gold ( extremely crowded trade) is going fall hard on the strengthening of the USD and stocks retreating (opposite of the conventional wisdom that believes gold goes up when stocks fall) and because nobody is in this trade right so it has more room to run. 30 EOW
  • D
    Dowdey
    (http://bestpix.xyz) just alerted me to an awesome runner before the bell.
  • N
    Norm
    Every dog has its day!
  • J
    JORDAN
    A new low everyday. Doesn’t matter the marker goes up or down. This is just for losing money. Big loss