JNUG - Direxion Daily Junior Gold Miners Index Bull 3X Shares
68.33 +0.25 (0.37%)
After hours: 5:25PM EST
| Previous Close | 67.38 |
| Open | 66.13 |
| Bid | 68.20 x 800 |
| Ask | 68.24 x 800 |
| Day's Range | 66.06 - 70.66 |
| 52 Week Range | 31.55 - 104.00 |
| Volume | 2,126,438 |
| Avg. Volume | 3,241,798 |
| Net Assets | 944.84M |
| NAV | 67.46 |
| PE Ratio (TTM) | N/A |
| Yield | 0.66% |
| YTD Daily Total Return | 47.57% |
| Beta (3Y Monthly) | -0.40 |
| Expense Ratio (net) | 1.17% |
| Inception Date | 2013-10-03 |
- ETF Trends
Palladium Will Hit the $2K Mark Before Gold, Analysts Say
While most were preparing for Thanksgiving dinner on Thursday, palladium investors were feasting off gains as the precious metal reached $1,841. Analysts are already predicting that the precious metal ...
- ETF Trends
Gold Will “Go Much Higher” in the Long Term, Says Market Expert
Bullish gold traders didn’t get the news they wanted when the most recent Federal Reserve minutes revealed that more rate cuts may not be on the horizon, which could feed into lower gold prices. Last month, the central bank instituted its third straight rate cut by 25 basis points—a reversal from last year’s four straight rate hikes. “Federal Reserve officials generally agreed that they likely won’t need to cut interest rates again unless economic conditions change significantly, according to minutes released Wednesday from their most recent meeting,” noted a CNBC report discussing the Fed’s most recent minutes in which it cut rates by a quarter point last month.
- ETF Trends
How Will Gold React To Fed’s Interest Rate Move This Week?
The capital markets are expecting a rate cut with algorithms like the CME FedWatch Tool calculating a 93% chance that the central bank will institute its third straight cut in 2019. How should gold traders ...
- ETF Trends
Gold is Steady as She Goes Following PMI Data
Gold was steady as she goes in Thursday’s trading session following the U.S. manufacturing sector’s IHS Markit data saying that its U.S. manufacturing Purchasing Managers Index for October went higher ...
- ETF Trends
December Supply Cuts by OPEC Could Give Oil Traders a Happy Holidays
The Organization of Petroleum Exporting Countries (OPEC) and its allied members could implement supply cuts in December, which should give oil traders a holiday season worth celebrating. OPEC will meet ...
- ETF Trends
Technical Data Shows Gold, Silver in Consolidation Phase
As investors were lukewarm on the latest trade news talk, banks were able to prop up the markets on Tuesday with some positive earnings results. While precious metals gained strength on Monday's market session, technical data on Tuesday served as reminder that gold and silver could be in consolidation phase, which could give investors pause when looking into these alternative asset classes. "As gold and silver prepare for their next move, they are in the consolidation phase.
- ETF Trends
Former Overstock CEO Loads Up on Gold and Bitcoin
You can almost say that former Overstock CEO Patrick Byrne left his company wearing a golden parachute—literally –as he sold stock of the company he launched in 1999 and loaded up on gold as well as its digital currency equivalent Bitcoin.
- ETF Trends
China Has a Voracious Appetite for Gold and They’re Still Hungry
China has a voracious appetite for gold and has now reached 100 tons in gold reserves since it started purchasing the precious metal late last year. More importantly, more purchases could come, which could fan the flames for gold-focused exchange-traded funds (ETFs). Per Bloomberg News, the “People’s Bank of China picked up more gold last month, raising holdings to 62.64 million ounces in September from 62.45 million in August, according to data on its website.
- Zacks
A Quick Guide to 10 Most Popular Leveraged ETFs
We take a look at the 10 biggest and most-popular ETFs for those investors who are new to the leveraged technique.
- ETF Trends
Gold Hits a 2-Week High on Global Recession Fears
Gold hit a two-week high to start this week’s trading session following week economic data stemming from Europe. “The weak German PMI numbers gave a little bit of a shock to the stock market and led investors into safety like gold and silver,” said Phillip Streible, senior commodities strategist at RJO Futures. “In addition to that, there are a lot of investors moving in that market and in such a small, illiquid market, it doesn’t take a lot of investors to drive the price higher.” How High Does Gold Climb?
- Zacks
Leveraged/Inverse ETFs That Gained Double-Digits Last Week
We have highlighted some leveraged/inverse ETF that piled up more than 10% last week.
- ETF Trends
SEC Chairman: Bitcoin Trading Must be “Better Regulated”
The space currently holds a market cap of $177 billion, but getting an exchange-traded fund focused squarely on Bitcoin has proven to be an uphill battle to say the least. “If [investors] think there’s the same rigor around that price discovery as there is on the Nasdaq or New York Stock Exchange ... they are sorely mistaken,” said Clayton, the opening speaker at the Delivering Alpha conference. Aside from the Bitcoin discussion, Clayton opined on giving retail investors more access to public markets like the initial public offering (IPO) space.
- ETF Trends
Gold, Silver ETFs: Look For More Upside Ahead
The Federal Reserve’s interest rate decision will be the prime market mover this week for gold and silver prices as the central bank is favored to cut rates by another 25 basis points. Gold and silver ...
- Investopedia
Gold ETFs Hold Steady Ahead of Interest Rate Decision
Discover why gold is holding support as the Federal Reserve looks set to keep rates steady. Trade the yellow metal using these three ETFs.
- ETF Trends
Leveraged Treasury and Gold Miner ETFs Were Hot This Summer
According to the latest edition of Direxion Investments’ The Xchange, it was leveraged Treasury-focused and gold miner exchange-traded funds (ETFs) that were white hot as investors piled into fixed income assets as part of a risk-off move to safe havens. As such, there was a lot of action to be had in leveraged funds like the Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF) and the Direxion Daily 7-10 Year Treasury Bull 3X Shares (TYD) . “This explains the summer’s stampede-like rush to fixed income investments, particularly treasury notes.
- ETF Trends
China’s Influence is Growing on the Global Gold Market
As more investors shift to a risk-off mindset and embrace gold, China’s influence is growing on the global market for the precious metal. Acknowledging China’s increasing presence in the world gold market, the CME Group, a leading futures and derivatives exchange, is expanding its market offerings with the launch of two new gold futures products in October.
- Zacks
Top and Flop Leveraged ETFs of Last Week
Inside the top-and-worst-performing leveraged ETFs of last week amid renewed hopes of U.S.-China trade talks.
- Market Realist
Trump, Trade War, Powell: More Upside for Gold Prices?
Gold hit a fresh six-year high on Friday as trade tensions between the US and China escalated. The SPDR Gold Shares ETF (GLD) closed up 2%.
- ETF Trends
Gold Pushes Past $1,550 for First Time in 6 Years
With the capital markets uncertain on how to approach equities with trade wars and inverted yield curves on the horizon, its increased the taste for safe-haven assets like gold exchange-traded funds (ETFs). In Monday's trading session, gold was up more than 1 percent to pass the $1,550 per ounce price mark for the first time in more than six years. U.S. gold futures were up 0.1% at $1,538.90.
- Zacks
5 Leveraged/Inverse ETFs Up 25% Plus at Halfway Q3
Investors are rushing to leveraged or inverse leveraged ETFs to increase returns on quick market turns in a short span.
- Market Realist
Gundlach: Fed Has Lost Control—Where Is He Investing?
Amid the trade war, weakening economic indicators, and the yield curve inversion, Jeffrey Gundlach believes the Fed has lost control of interest rates.
- 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.
