JNUG - Direxion Daily Junior Gold Miners Index Bull 3X Shares
| Previous Close | 85.62 |
| Open | 0.00 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 1100 |
| Day's Range | 77.78 - 83.64 |
| 52 Week Range | 30.65 - 104.00 |
| Volume | 2,222,886 |
| Avg. Volume | 2,859,331 |
| Net Assets | 803.68M |
| NAV | 78.01 |
| PE Ratio (TTM) | N/A |
| Yield | 0.35% |
| YTD Return | 70.30% |
| Beta (3Y Monthly) | -0.19 |
| Expense Ratio (net) | 1.17% |
| Inception Date | 2013-10-03 |
- Yahoo Finance Video
MARKETS: Gold still has room to run at 6-year high; crude oil hitting a demand wall
From the YFi Interactive touch screen, Jared Blikre joins Alexis Christoforous and Brian Sozzi to break down the latest moves in WTI Crude Oil futures (CL=F, CLQ19.NYM) and Gold futures (GC=F, GCQ19.CMX).
- ETF Trends
$2,000 Price Level a Possibility for Gold
As Treasury yields continue to skydive, gold price levels could go through the roof as the scrambler for safe haven assets continues amid the latest market volatility as trade wars between the U.S. and China rage on. This could provide more gains for gold-focused exchanged-traded funds (ETFs) as analysts are predicting that the precious metal could shoot past the $2,000 per ounce price mark. The weakness in the U.S. dollar caused gold to climb, but the case for the precious metal is also coming from the bond markets.
- Benzinga
Gold 's Rally Has This Popular ETF Shining
Gold and the related exchange-traded funds are breaking out and miners are going along for the ride. Of course, the Direxion Daily Junior Gold Miners Index Bull 3X Shares (NYSE: JNUG) is getting in on the act. JNUG, which tries to deliver triple the daily returns of the MVIS Global Junior Gold Miners Index (MVGDXJTR), is higher by about 60% over the past month.
- Market Realist
Bond Yields Sink, Gold ETFs Soar on Rising Recession Fears
Today, bond yields are sinking and stock markets are tanking as markets become fearful of an upcoming recession.
- ETF Trends
Best ETF Plays in Government Bonds, Volatility ETFs, Leveraged Gold
With U.S. markets in the red, investors are looking to ETF safety of government bonds with the CBOE Volatility Index (VIX) currently sitting at 22.79, up 5.18 (29.42%) as of 2:30 pm ET Monday. Investors ...
- Zacks
5 Leveraged/Inverse ETFs That Were Up More Than 10% in July
We have highlighted five leveraged/inverse products that have gained in double digits in the past month though these involve a great deal of risk when compared to traditional products.
- ETF Trends
Choose Your Trading Weapon: Gold, Silver or Bitcoin
With earnings recession worries in the U.S. paired with a global economic slowdown, talk of alternative assets are permeating the capital markets more often than not, making way for a three-way battle between gold, silver and leading digital currency Bitcoin. Silver has rallied to new highs as of late, but some think the steam will eventually run out on the precious metal.
- ETF Trends
Gold Bulls Lying in Wait for End-of-Month Rate Cut
As the Federal Reserve ponders a possible rate cut following its meeting near the end of the month, gold bulls are lying in wait and ready to pounce with leveraged exchange-traded funds (ETFs). Funds like the Direxion Daily Gold Miners Bull 3X ETF (NUGT), VanEck Vectors Gold Miners (GDX) and the Direxion Daily Jr Gold Miners Bull 3X ETF (JNUG) are certainly in play. “Gold, for most parts, is steady as we are on hold until we get to the Fed meeting.
- Market Realist
Which Gold Stocks Could Surprise Markets in Q2?
After the turnaround in gold prices that began at the end of 2018, the fortunes for gold stocks are also looking brighter.
- Market Realist
Which Gold Stocks Do Analysts Love and Hate?
Gold price’s reversal this year has created opportunities in gold stocks. The SPDR Gold Shares ETF (GLD) had gained 11% year-to-date as of Friday.
- Market Realist
Dalio’s Answer to the End of the Lower-Rate Era Is Gold
Ray Dalio mentioned in a LinkedIn post on Wednesday that it's important for investors to explore the market paradigm in which they're currently operating.
- Market Realist
Will Gold Miners Soar in the Second Half as Gold Rises?
Gold prices have seen a reversal in the last month or so. The SPDR Gold Shares ETF (GLD) gained 8.0% in June alone.
- ETF Trends
Fed Chair Compares Bitcoin to a Gold Alternative
Bitcoin has been dubbed "digital gold" by cryptocurrency and capital markets alike, but the leading digital coin was deemed as an alternative to the precious metal by Federal Reserve Chairman Jerome Powell. Furthermore, Powell likened gold to Bitcoin as a speculative form of value. Additionally, the Fed chair was quick to dismiss digital currency as an alternative form of payment.
- Zacks
6 Top Leveraged ETFs of Last Week
Wall Street hit records last week and these ETFs were the top gainers.
- ETF Trends
Powell Says No To Gold Standard
When gold was first discovered at Sutter's Ranch in 1848, it inaugurated the Gold Rush to California. Then in 1861, Treasury Secretary Salmon Chase printed the first U.S. paper currency. As a rare metal, valued since ancient times, The Gold Standard Act established gold as the only metal for redeeming paper currency. It set the value of gold at $20.67 an ounce.
- Market Realist
Why Trump’s Fed Picks Boosted Gold and ETFs
On July 2, President Trump nominated Judy Shelton to the Fed’s board. Shelton is an advocate of the gold standard.
- ETF Trends
Gold Prices Take a Breather, but More Gains Could Be Ahead
The market expectation of future rate cuts by the Federal Reserve saw gold surpass its 5-year high last week after the central bank said it “will act as appropriate to sustain” economic expansion. Gold prices took a breather by falling below the $1,400 price level to start the trading week, but it could be the precursor to more gains ahead. “What we’re likely to see is some interest in terms of the share price rising, but we’re also going to see a rush of companies running to their bankers hoping to raise money with this increase in the gold price,” said Brent Cook of Exploration Insights.
- Market Realist
Why Wall Street Loves These Five Gold Stocks
Among miners, Eldorado Gold (EGO), New Gold (NGD), IAMGOLD (IAG), and Barrick Gold (GOLD) have seen the highest gains of 50.6%, 44.4%, 40.3%, and 36.4%, respectively.
- Market Realist
Have Gold’s Fortunes Changed for Good after Hitting $1,400?
After remaining soft for the first five months of the year, gold prices (GLD) have seen a sudden turnaround since the end of May.
- ETF Trends
Gold Versus Bitcoin: Who Comes Out on Top?
Leading cryptocurrency Bitcoin, dubbed "digital gold," is having astronomical gains this year, but the precious metal itself has been maintaining its status as a go-to safe haven with its latest price increases as well--who comes out on top? Bitcoin recently broke through the $13,000 price barrier, rising to its highest level in 17 months on Wednesday. This new group helps highlight how Bitcoin and crypto adoption is spreading,” said Michael Moro, CEO of digital currency trading platform Genesis Global Trading.
- Market Realist
Gold Breaches $1,400: What’s the Next Stop?
Gold is now trading close to a six-year high following the Fed’s dovish pivot at its June policy meeting. After being range bound for the last five years, gold has finally broken out and its outlook is bullish.
- Investopedia
Gold Miner ETFs Glitter as Geopolitical Tensions Mount
Gold regained its shine on Friday after Trump's surprise Mexico tariff tweet. Profit from global uncertainty using these three ETFs.
- ETF Trends
Bitcoin up 170% for the Year as It Crosses $11,000
Leading cryptocurrency Bitcoin crossed the $11,000 mark on Monday to hit a 15-month high amid the hype over social media giant Facebook and its latest cryptocurrency offering. Overall, Bitcoin is up 170 percent for the year to help erase memories of its unceremonious crash last year after reaching $20,000 in late 2017. Instead of checking their banks to ensure their direct deposit went through, Facebook employees could open their cryptocurrency wallets on pay day as the social media giant will be rolling out its own digital currency soon.
- Market Realist
Gold Prices Surpass $1,400 and Gold ETFs Surge
Gold futures registered their single largest one-day jump of 2.8% on June 20 following the Fed’s dovish stance at its June meeting. While the Fed kept rates unchanged, it hinted at future rate cuts if the conditions warrant them, which sent gold prices soaring.
- ETF Trends
Prospect of Future Rate Cuts Sends Gold Past 5-Year High
To an optimistic capital market, that meant the door was open for interest rates to fall in 2019 after staying static thus far through the middle of the year. March 17, 2014 saw gold at $1,383.81, but following the interest rate announcement, gold went past the $1,380 mark. Leveraged exchange-traded fund (ETF) traders rejoiced, which saw funds like the Direxion Daily Gold Miners Bull 3X ETF (NUGT) rise.
