Bullboard - Stock Discussion Forum Direxion Daily Junior Gold Miners Idx Bull 2X Shs JNUG

The Fund seeks daily investment results before fees and expenses of 300% of the inverse or opposite of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements... see more

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Direxion Daily Junior Gold Miners Idx Bull 2X Shs > gold

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Post by gordo32 on Jul 03, 2016 11:18am

gold

If anyone has this and would like dialog I'm here

Gordo

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Comment by billyrubin on Jul 06, 2016 2:29pm

Hello Gordo... Just bought this one today. With interest rates expected to stay the same or be lowered later this year, gold has the legs to run much higher. With that in mind, the junior golds will fly higher. This is a good one to hold, but all the Direxion funds are highly volatile.....so keep a close eye on it. According to Elliot wave theory, gold and silver should go higher until early ...more

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Comment by gordo32 on Aug 25, 2016 12:11pm

Hi Billy Just realised you answered my post sorry I missed it earlier.Looks like Direxion did a 10 for1 split yesterday but I can,t find any info on it. Gordo

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