JNUG - Direxion Daily Jr Gld Mnrs Bull 3X ETF
13.81 -0.17 (-1.22%)
Pre-Market: 9:20AM EDT
| Previous Close | 14.42 |
| Open | 14.50 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 900 |
| Day's Range | 13.95 - 14.61 |
| 52 Week Range | 11.34 - 25.76 |
| Volume | 7,960,732 |
| Avg. Volume | 10,377,258 |
| Net Assets | 699.61M |
| NAV | 13.82 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Return | -22.07% |
| Beta (3y) | -0.02 |
| Expense Ratio (net) | 0.94% |
| Inception Date | 2013-10-03 |
- Market Realist•21 hours ago
Which Miners Moved Alongside Gold? Comparing Correlation
In this part of the series, we’ll analyze mining stocks’ correlation with gold. Gold dominates the four precious metals, and silver, platinum, and palladium are known to closely track its movement.
Market Realist•16 days agoFactors that Could Drive Goldcorp’s Costs Down by 20%
Can Goldcorp Continue Its Outperformance after a Weak 1Q18? Goldcorp (GG) achieved AISC (all-in sustaining costs) of $810.00 per ounce in 1Q18, which was 1.3% higher YoY (year-over-year) and 6.9% lower sequentially. In line with its expectations for production, the company expects its AISC to remain at the higher end of the guidance range for 2Q18 as well, which should decrease to come in at the lower end of the range in 2H18.
Market Realist•last monthCould Goldcorp’s Strong Vision Keep Its Stock Buoyant after 1Q18?
After underperforming its peers in 2017, Goldcorp’s (GG) stock has outperformed YTD (year-to-date). It’s also one of the few major gold stocks to have recorded a positive return YTD performance of 12.5% as of April 17. In comparison, the VanEck Vectors Gold Miners ETF (GDX) has fallen 1.5% while the iShares Gold Trust (GLD) has gained 3.0%. Peers Barrick Gold (ABX), Kinross Gold (KGC), and Agnico Eagle Mines (AEM) have fallen.
- Market Realist•last month
Are Equity Markets’ Valuations Stretched?
The International Monetary Fund (or IMF) also warned that the downside risks to world financial stability have increased over the past six months. In this context, it added, “Valuations of risky assets are still stretched, with some late-stage credit cycle dynamics emerging, reminiscent of the pre-crisis period.” This it believes could lead to the unwinding of risks, leading to higher risk premiums and repricing of risky assets. The IMF’s view of US equity markets is similar to that of Morgan Stanley’s (MS).
- ETF Trends•last month
Junior Gold Miners ETF is Ready to Takeoff
The VanEck Vectors Gold Miners ETF (NYSEArca: GDXJ), the second-largest exchange traded fund tracking gold miners equities, is 3.4% over the past week and some market observers believe the small-cap miners ...
- Zacks•last month
Why Gold Mining ETFs Are Rallying
Inside a few reasons that explain the recent rally in gold mining ETFs.
- Market Realist•2 months ago
What Could Support Gold Prices in 2018
Gold Price Drivers: The Fed, Trade War Fears, the US Dollar
Market Realist•2 months agoWhy Kinross Gold Is Underperforming Peers after a Strong 2017
How Analysts View Gold Miners as Gold Weakens
Yahoo Finance•2 months agoStocks rebound in late trading
The Dow rebounding a bit here, but the big story is still Facebook - with the latest scandal nowhere near dying down.
- ETF Trends•2 months ago
Options Traders Target Gold Miners ETF
The VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded fund dedicated to gold mining stocks, is essentially flat over the past month, but options traders have recently taken increased ...
Market Realist•2 months agoWhich Gold Miners Could See Production Upside in 2018 and Beyond?
After making discretionary cuts on exploration and capital expenditure for many years, gold miners (GDX) (JNUG) have started to refocus on production growth. In the last three years, Newmont Mining (NEM) has built its Merian and Long Canyon mines on time and 20% below budget. The company also sounds confident about finishing its next project, Northwest Exodus, in 2018.
- ETF Trends•2 months ago
Gold Miners ETFs Try to Bounce Back After a Rough Start
The VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded fund dedicated to gold mining stocks, is lower by 7% to start 2018, prompting some market observers to say gold miners stocks ...
- Market Realist•3 months ago
Growth Catalysts for IAMGOLD in 2018 and Beyond
Can IAMGOLD Keep Up Its Stock Performance after 4Q17 Earnings?
- Benzinga•3 months ago
Traders Scamper Back To Gold Miners ETFs
Amid an uptick in equity market volatility, some traders are seeking refuge in a familiar place: gold. Market participants are also renewing their enthusiasm for some gold miners exchange traded funds ...
- Market Realist•3 months ago
What Could Help Goldcorp Drive Unit Costs Down
Can Goldcorp Stock Keep Up Its Performance in 2018?
- ETF Trends•3 months ago
Investors Return to Big Gold Miners ETF
The VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded fund dedicated to gold mining stocks, is once again attracting investors. GDX is comprised of global gold miners, with a ...
- Market Realist•3 months ago
Why Gold Miners Haven’t Magnified Gold’s Gains in 2018
Components of GDX: What’s Driving Gold Miners in 2018?Leverage magnifies
- Market Realist•3 months ago
How Goldcorp Could Deliver on Its Improvement Plan in 2018
As we’ve discussed in previous parts of this series, Barrick Gold (ABX) generated negative returns in 4Q17 and 2017. Goldcorp (GG) also generated negative returns, significantly underperforming the gold miners’ index (GDX) as well as gold prices (GLD). While its performance in 2017 was not up to market expectations, its outlook seems much brighter.
Market Realist•4 months agoCould Physical Gold Demand Continue to Support Gold Prices?
Could Gold Be Set for a Big Move in 2018?
- Simply Wall St.•4 months ago
Direxion Shares ETF Trust – Direxion Daily Junior Gold Miners Index Bull 3X Shares (NYSEARCA:JNUG): Is Now The Time To Bet On Financials?
Direxion Shares ETF Trust – Direxion Daily Junior Gold Miners Index Bull 3X Shares (ARCA:JNUG), a USD$0.00 small-cap, is a capital market firm operating in an industry, which has recentlyRead More...
Market Realist•4 months agoA Look at Recent Analyst Ratings for Kinross Gold
How Analysts Rate Gold Miners at the Beginning of 2018
- Market Realist•5 months ago
How Gold Reacted to Interest Rate Hike in December
Besides the slump of the US dollar during 2017, the other most important and most talked-about indicator is the US interest rate.
- InvestorPlace•5 months ago
The Direxion Junior Gold Miners Bull Fund (JNUG) Is Still Packed With Profits
Gold has been in a technical breakout that has rewarded bulls since mid December. The fall in the U.S. Dollar left the door open for this spike. Having said that, there are other ways to still go long gold and using the Direxion Daily Junior Gold Miners Index Bull 3X Shares (NYSEARCA:JNUG) is one of them.
- Market Realist•5 months ago
How the US Dollar Is Expected to Play on Gold Prices in 2018
While gold might benefit briefly from the new year rally, a large portion of the remaining performance will depend on the outlook for the US dollar.
Yahoo Finance Video•5 months agoThe Fed is vastly underestimating the inflation we'll see in 2018
The Federal Reserve raised rates yesterday after the conclusion of its FOMC meeting. It signaled three more rate hikes in 2018. Is that realistic? Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss.
