JNUG - Direxion Daily Jr Gld Mnrs Bull 3X ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
11.48
+0.64 (+5.90%)
At close: 4:00PM EST
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Previous Close10.84
Open11.10
Bid0.00 x 1000
Ask0.00 x 2200
Day's Range10.68 - 11.49
52 Week Range6.13 - 16.41
Volume10,620,936
Avg. Volume9,429,450
Net Assets824.58M
NAV11.48
PE Ratio (TTM)N/A
Yield0.05%
YTD Return24.78%
Beta (3Y Monthly)-1.36
Expense Ratio (net)0.93%
Inception Date2013-10-03
Trade prices are not sourced from all markets
  • Strong Case for Gold over Bonds and Stocks? Bernstein Thinks So
    Market Realist6 days ago

    Strong Case for Gold over Bonds and Stocks? Bernstein Thinks So

    Strong Case for Gold over Bonds and Stocks? Bernstein Thinks SoGold’s gains Gold’s price (GLD) saw its fourth consecutive positive monthly return in January. It rose ~3% in the month after its rise of 4.9% in December. The major driver of

  • What’s Affecting Barrick’s Earnings Estimates?
    Market Realist6 days ago

    What’s Affecting Barrick’s Earnings Estimates?

    What to Look For in Barrick Gold’s Q4 Earnings(Continued from Prior Part)Factors affecting Barrick’s estimates As we’ve seen previously in the series, Barrick Gold (GOLD) has underperformed its peers year-to-date. Most of the analysts are

  • Analysts Aren’t So Bullish on These Gold Stocks
    Market Realist11 days ago

    Analysts Aren’t So Bullish on These Gold Stocks

    Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)The fewest “buy” ratings Among senior and intermediate miners (GDX) (JNUG), New Gold (NGD), Barrick Gold (GOLD), Eldorado Gold (EGO), and Kinross Gold

  • Gold-Backed ETFs Started 2019 on a Positive Note—More Upside?
    Market Realist13 days ago

    Gold-Backed ETFs Started 2019 on a Positive Note—More Upside?

    Do These Factors Point to a Strong Start for Gold in 2019?(Continued from Prior Part)Gold-backed ETFsAccording to the World Gold Council, holdings in gold-backed ETFs and similar products rose by 69 tons in 2018, equivalent to $3.4 billion worth of

  • Which Gold Stocks Are Looking Attractive in 2019?
    Market Realist19 days ago

    Which Gold Stocks Are Looking Attractive in 2019?

    Which Gold Stocks Are Looking Attractive in 2019?(Continued from Prior Part)Gold miners’ leveraged performancesGold miners are usually a leveraged play on gold prices. Even in 2018, as gold prices (GLD) fell 1.9%, the VanEck Vectors Gold Miners

  • Why Gundlach and Einhorn Are Betting on Gold
    Market Realist21 days ago

    Why Gundlach and Einhorn Are Betting on Gold

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  • Which Five Gold Stocks Are Analysts Loving So Far in 2019?
    Market Realist26 days ago

    Which Five Gold Stocks Are Analysts Loving So Far in 2019?

    Which Five Gold Stocks Are Analysts Loving So Far in 2019?(Continued from Prior Part)Gold miners’ leveraged performance Gold miners are usually a leveraged play on gold prices. Even in 2018, as gold prices (GLD) fell 1.9%, the VanEck Vectors Gold

  • ETF Trends27 days ago

    Leveraged Gold ETFs Rise as Stocks Slide

    The Dow Jones Industrial Average fell 300 points on Tuesday, giving safe-haven assets like gold a boost through leveraged exchange-traded funds (ETFs) like the Direxion Daily Jr Gold Miners Bull 3X ETF ...

  • Could the Newmont-Goldcorp Merger Form ‘The Go-To Gold Equity’?
    Market Realistlast month

    Could the Newmont-Goldcorp Merger Form ‘The Go-To Gold Equity’?

    Could the Newmont-Goldcorp Merger Form ‘The Go-To Gold Equity’?(Continued from Prior Part)Focused on value Newmont Mining (NEM) and Goldcorp (GG) held a conference call on January 14 to brief investors and analysts on their merger. The

  • ETF Trendslast month

    Leveraged Gold ETFs Gain on Tame Inflation Data

    On Friday, inflation data met expectations, which kept the U.S. dollar in check and allowed leveraged gold ETFs like the Direxion Daily Jr Gld Mnrs Bull 3X ETF (JNUG) and Direxion Daily Gold Miners Bull 3X ETF (NUGT) to post gains. The consumer price index for December came in line with expectations--down 0.1 percent from November and up 1.9 percent, year-on-year--marking the first decline in nine months. “Overall, inflation risks remain well in check and are well down the list of potential concerns for both the capital markets and the economy,” said Jim Baird, chief investment officer at Plante Moran Financial Advisors.

  • What Factors Are Affecting Analysts’ Earnings Estimates for GOLD?
    Market Realistlast month

    What Factors Are Affecting Analysts’ Earnings Estimates for GOLD?

    Is Barrick Worth a Look after Its Merger with Randgold? (Continued from Prior Part) ## Factors affecting Barrick’s estimates Barrick Gold (GOLD) significantly outperformed its peers in 2018. Its stock performance improved after the announcement of its merger with Randgold Resources.  Most analysts are positive about the new company’s prospects following the merger. However, they’re waiting for the combined entity’s execution on its stated priorities and its resolution of other matters, such as its Tanzanian tax issues. ## Analysts’ revenue estimates Wall Street analysts expect Barrick to see revenue of $7.3 billion in 2018, implying a 13.0% fall YoY (year-over-year). The company expects its production to fall 11.0% between 2017 and 2018. This expected fall in production has been the main driver of analysts’ lower revenue estimates for the company in 2018. For 2019 and 2020, however, analysts expect Barrick’s revenue to rise 11.9% and 1.0%, respectively, due to the merger of Barrick and Randgold. Prior to the merger, Barrick’s revenue profile was on the decline. Among Barrick’s close peers (GDX) (JNUG), Newmont Mining (NEM), Goldcorp (GG), Agnico Eagle Mines (AEM), and Kinross Gold (KGC) have strong production growth profiles. ## Earnings estimates Analysts expect rather impressive growth in EBITDA for Barrick post-2018 due to merger synergies. While the company’s expected EBITDA for 2018 is $2.97 billion, implying a fall of 26% YoY, its growth in 2019 and 2020 is expected to be 11.1% and 10.2%, respectively, higher mainly due to the expectation of cost improvements in the new company. Continue to Next Part Browse this series on Market Realist: * Part 1 - Is Barrick Worth a Look after Its Merger with Randgold? * Part 2 - Will the GOLD Merger Expedite the Tanzania Dispute’s Resolution? * Part 3 - Barrick Could Emerge Leaner and Stronger after an Asset Review

  • Barrick Could Emerge Leaner and Stronger after an Asset Review
    Market Realistlast month

    Barrick Could Emerge Leaner and Stronger after an Asset Review

    Is Barrick Worth a Look after Its Merger with Randgold? The merger of Barrick Gold (GOLD) and Randgold Resources will be a step toward improving the combined entity’s shareholder returns. To achieve these returns, the new Barrick will undergo a critical review of its asset base and decide whether to dispose of some of its assets.

  • Benzinga2 months ago

    This ETF Ended 2018 With A Bang

    Gold ended 2018 on a torrid pace, lifting shares of miners and the related exchange traded funds (ETFs) in the process. The MVIS Global Junior Gold Miners Index (MVGDXJTR), a widely followed benchmark ...

  • Could the US Dollar Work in Gold’s Favor in 2019?
    Market Realist2 months ago

    Could the US Dollar Work in Gold’s Favor in 2019?

    Is Gold Ready to Fly in the New Year?(Continued from Prior Part)The US dollar and the Fed’s approach Like the Fed’s policies, the strong US dollar (UUP) impacted gold prices (GLD) this year. Key factors supporting the dollar this year were the Fed’s interest rate hikes and outlook, trade war concerns, and US markets’ (SPY) (QQQ) outperformance of other markets.

  • Why BNP Paribas Sees Gold Dropping Below $1,200 in 2019
    Market Realist2 months ago

    Why BNP Paribas Sees Gold Dropping Below $1,200 in 2019

    Bulls versus Bears on Wall Street: Time to Buy Gold in 2019? Unlike other banks, BNP Paribas has a negative bias for gold going into 2019. Harry Tchilinguirian, global head of commodity markets strategy at BNP Paribas, is negative on gold (SGOL)(GLD) and other precious metals (JNUG) in 2019 and prefers holding Treasuries (TLT) to gold and silver.

  • The Story behind Bank of America’s Bullish Gold Outlook
    Market Realist2 months ago

    The Story behind Bank of America’s Bullish Gold Outlook

    Bank of America Merrill Lynch (BAML) is overweight on precious metals going into 2019. In its preview for 2019, BAML strategist Michael Widmer and his team noted that the market is close to extremely bearish on the metal. BAML uses four variables to forecast gold prices (GLD)(JNUG): the US dollar (UUP), US real interest rates (TLT), cross-asset volatility (VIX), and oil prices (USO).

  • Bulls versus Bears on Wall Street: Time to Buy Gold in 2019?
    Market Realist2 months ago

    Bulls versus Bears on Wall Street: Time to Buy Gold in 2019?

    For a large part of the year, gold prices (GLD) have languished due to a strong US dollar (UUP), hawkish Fed rate hike outlook, and rising equity markets. For the last few months, though, some of these factors seem to be reversing their course. Equity markets, for one, have remained quite fragile and volatile (VIX) since October. As of December 24, the S&P 500 (SPY), the Dow Jones Industrial Average (DIA), and the NASDAQ Composite (QQQ) have lost 18.9%, 16.1%, and 21.6%, respectively, since hitting their highs in mid-September.

  • Time to Go Gold? Metal Outshines Risk Assets on Growth Concerns
    Market Realist2 months ago

    Time to Go Gold? Metal Outshines Risk Assets on Growth Concerns

    For most of the year, gold prices (GLD) have languished, thanks to a strong US dollar (UUP), hawkish Fed rate hike outlook, and strength in the equity markets. For the last few months, though, some of these factors seem to be reversing course. Equity markets, for one, have remained quite fragile and volatile (VIX) since October.

  • Jim Cramer Feels ‘Powerless,’ Tells Investors to Buy into Gold
    Market Realist2 months ago

    Jim Cramer Feels ‘Powerless,’ Tells Investors to Buy into Gold

    Mad Money host Jim Cramer has been feeling “powerless” lately. After the Fed’s 25-basis-point rate hike (AGG) and less-dovish-than-expected tone on December 19, Cramer said that Powell was ignoring “serious” weakness in the US economy. In This, Not the Rate Hike, Spooked the Markets Yesterday, we mentioned that the equity markets (IVV) tanked on December 19 after the rate hike and the Fed’s outlook, and it continued in free fall mode yesterday.

  • Could Market Risks Restore Investor Confidence in Gold in 2019?
    Market Realist2 months ago

    Could Market Risks Restore Investor Confidence in Gold in 2019?

    Could Market Risks Bring Investors Back to Gold in 2019? As we’ve discussed in this series, market uncertainty is increasing after an unusually calm 2017 and part of 2018. The major sources of uncertainty are expected to be the looming trade war between the United States and China (FXI), the coming earnings and margins deceleration, the Brexit deal, and the Fed’s policy path.

  • What an Inverted Yield Curve Means for Gold
    Market Realist2 months ago

    What an Inverted Yield Curve Means for Gold

    Could Market Risks Bring Investors Back to Gold in 2019? The yield curve tracks the yields of Treasury securities maturing at different times. The narrowing gap between these yields is sometimes called a “flattening yield curve.” If shorter-term security yields become larger than longer-term security yields, that’s called a “yield curve inversion” (BND).

  • Why the US Dollar Could Be Bullish for Gold in 2019
    Market Realist2 months ago

    Why the US Dollar Could Be Bullish for Gold in 2019

    Could Market Risks Bring Investors Back to Gold in 2019? The key factors supporting the greenback in 2018 have been the Fed’s interest rate hikes and outlook, trade war concerns, and the outperformance of US markets (SPY)(QQQ). The Federal Reserve has already raised rates three times this year, and it’s expected to raise them for a fourth time in December.

  • Is Jeffrey Gundlach’s Prediction on US Stock Markets Coming True?
    Market Realist2 months ago

    Is Jeffrey Gundlach’s Prediction on US Stock Markets Coming True?

    On November 20, Jeffrey Gundlach told Reuters that investors haven’t shown an appetite for Treasuries (TLT) even though US stock markets have fallen. He said, “Obviously, it is not a deflationary bear market, otherwise you would have a bond rally.” Gundlach also advised investors to stay out of investment-grade bonds. Gundlach is concerned that the selling pressure in the US stock markets (IVV) (QQQ) wasn’t accompanied by higher volatility (VIX). Investors should note that the drop on December 4 was also accompanied by higher volumes and volatility.

  • Could Market Risks Restore Investors’ Focus on Gold and Miners?
    Market Realist3 months ago

    Could Market Risks Restore Investors’ Focus on Gold and Miners?

    As we’ve discussed in this series, market uncertainty is increasing. Looming earnings deceleration, trade policy uncertainty, and the Fed’s tightening have been major factors weighing on investors’ minds. For most of this year, gold (GLD) has not been a safe-haven asset, as the US dollar (UUP) (USDU) has continued strengthening and the Fed’s rate hike outlook has remained strong.

  • What Factors Are Affecting Revenue Forecasts for Gold Miners?
    Market Realist3 months ago

    What Factors Are Affecting Revenue Forecasts for Gold Miners?

    In the previous article, we looked at analysts’ ratings for senior gold mining companies. In this article, we’ll look at analysts’ estimates for those companies’ (GDX) (JNUG) revenues going forward.