NUGT - Direxion Daily Gold Miners Index Bull 3X Shares
| Previous Close | 25.49 |
| Open | 0.00 |
| Bid | 0.00 x 4000 |
| Ask | 0.00 x 1800 |
| Day's Range | 25.15 - 26.04 |
| 52 Week Range | 11.80 - 45.10 |
| Volume | 9,788,221 |
| Avg. Volume | 10,637,324 |
| Net Assets | 1.58B |
| NAV | 25.39 |
| PE Ratio (TTM) | N/A |
| Yield | 0.35% |
| YTD Daily Total Return | 45.95% |
| Beta (3Y Monthly) | -0.53 |
| Expense Ratio (net) | 1.23% |
| Inception Date | 2010-12-08 |
- Investopedia
Gold ETFs Approach Support After Sell-Off
Here's why gold prices may regain their luster this week. Explore these three gold ETF trading ideas.
- ETF Trends
Gold Hits 3-Month Low After Strength in Equities Lessens Demand
Safe haven assets couldn’t hide from losses as a risk-on switch got flipped back on after positive news from a U.S.-China trade deal fueled a hunger for more equities. As such, precious metals like gold and silver touched down to three-month lows. “Safe-haven gold and silver prices are sharply down and have slumped to three-month lows in midday trading Thursday,” wrote Jim Wyckoff of Kitco News.
- Simply Wall St.
Do Directors Own Prophecy Potash Corp. (CNSX:NUGT) Shares?
A look at the shareholders of Prophecy Potash Corp. (CNSX:NUGT) can tell us which group is most powerful. Institutions...
- ETF Trends
Gold Trading Lower, But It Won’t Last for Long
Per a Kitco News report, “the Institute of Supply Management (ISM) said that its Non-Manufacturing Purchasing Managers Index rose to a reading of 54.7% in October, up from September’s 52.6%. “As soon as you saw those ISM numbers you had to get out of gold,” said Phillip Streible, senior market analyst at RJO Futures told Kitco News. For traders who want double the exposure to gold prices, there’s the ProShares Ultra Gold (UGL) .
- ETF Trends
A Pair of Leveraged ETFs When Traditional Gold Exposure Isn’t Enough
From a technical perspective, chartists are still favoring gold despite the celebratory champagne bottles popping in the stock market. “A bullish U.S. stock market that is near record highs is limiting buying interest in the safe-haven metals,” wrote Jim Wyckoff of Kitco News. For traders who want double the exposure to gold prices, there’s the ProShares Ultra Gold (UGL) .
- 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.
- Zacks
4 Leveraged ETF Areas That Are Up 100% This Year
As we are about to complete nine months of 2019, these leveraged ETF areas are in focus for having returned more than 100%.
- 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?
- 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
8 High-Flying Leveraged ETFs YTD
We highlighted eight leveraged equity ETFs that piled up more than 70% returns in the year-to-date time frame.
- Zacks
Zacks Market Edge Highlights: AngloGold, Barrick Gold, Royal Gold, SPDR Gold and Direxion 3x Gold Miners
Zacks Market Edge Highlights: AngloGold, Barrick Gold, Royal Gold, SPDR Gold and Direxion 3x Gold Miners
- Zacks
Gold is Hot: Should Investors Be Buying?
The yellow metal is again in the news as its hitting new multi-year highs and the mining stocks are among the hottest on the Street.
- Zacks
5 Leveraged/Inverse ETFs That Gained Double Digits in August
Investors are rushing to leveraged or inverse leveraged ETFs to increase returns on quick market turns in a short span.
- 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.
