NUGT will get there. Despite the changes by Direxion. They sent out notices over the weekend. Shares seek daily investment results, before fees and expenses, of either 300% or 300% of the inverse (or opposite) of the performance of the NYSE Arca Gold Miners Index. There is no guarantee the funds will meet their stated investment objectives because we changed the index to exclude all direct references to gold and the US Dollar. You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right. Good Luck to All.
Beautiful up up and away
I thought gold goes up when interest rates go up now stay flat? 🤔
YES YOU WILL HAVE SOME BACK FILLING AND DOWN DAYS BUT WILL KEEP WOKING HIGHER GOLD IS GOING TO $1550 THAT MEANS GOLD IS HOT AND JNUG & NUGT WILL BE RED HOT SEE PICK A NUMBER $100 OR MORE BECAUSE THEY WORK OFF OF % AND AT $12 10% IS $1.2 AT $120 10% IS $12 IF YOU ON THE RIGHT TRAIN AT THE RIGHT TIME LOOK OUT.
Sell NUGT buy AMD , I did that months ago. Now recovers most of my lost.
With the futures price of gold rising, good managers of the miners should be locking in price and future profits. Eventually that should show up in their stock price.
MANIPULATION IN THE PRICE.... WITH THE PRICE OF GOLD STARTED GOING UP..WHY IS NUGT STILL DRAGING ITSELF....? NO REASON EXEPT EVIL FORCES CAUSING IT..OTHERWISE PPS SHOULD BE ABOVE $45 BY NOW
Encouraging day, but taking small profit here.
Top performers for GDX. Most mining shares saw up days on July 20. The top gainers on the day included New Gold (NGD), Yamana Gold (AUY), Primero Mining (PPP), and Aurico Gold (AUQ) with rises of 3.3%, 3.2%, 2.3%, and 3.6%, respectively. Combined, these four miners make up ~7.7% of the changes in the VanEck Vectors Gold Miners ETF (GDX)
NEM and ABX were up nicely today, but NUGT barely budged. Very strange.
There are forces at play right now to keep the long position down. The best anybody can do right now is to swing trade or get the hell out of this manipulated rigged Direxion product.
Will hit $50 soon?
Will there be an end of the day bounce?
I don`t know what is going on with the minors but I ain`t playin this #$%$ for a while. I`m out.
Technically, we look good: RSI neutral, MACD up, nearing 50-day MA of 32.25, minor top at 33.36. A close above either would be very bullish. I am counting on close above 33 next week. Constitutional crisis looming: Trump asking about pardoning family members and himself (oops, I promised not to ...). Easy money coming for weekend hold.
Inflation numbers too soft. Rate hikes not happening. Buy Buy Buy!!!
I have two questions how high are we going to go what are your guys productions? And how long do you plan on staying in the trade?🙄
Smart investors know that the current bubble is going to burst and the Dow will drop 10-15% over two days. It's simply a matter of "when". P/Es are way, way too high. NUGT will surge.
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