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NUGT / Fed Chair's “Too High” Inflation Comment Could Fuel This ETF

Fed Chair's “Too High” Inflation Comment Could Fuel This ETF
Anything the Federal Reserve mentions regarding inflation could move the markets, and traders quickly found that out during Monday's trading session as U.S. Fed Chair Jerome Powell mentioned that inflation is “too high.” In front of the National Association for Business Economics, Powell was more candid with respect to his remarks regarding inflation. Read More
Posted: Mar 22 2022, 12:48
Author Name: ETF Trends
Views: 103124

NUGT News  

Gold Miner Stocks Rise In Tandem With The General Market: This ETF Offers 2X Leverage - Direxion Daily Gold Miners Index Bull 2XShares (ARCA:NUGT)

By Benzinga
October 17, 2023

Gold Miner Stocks Rise In Tandem With The General Market: This ETF Offers 2X Leverage - Direxion Daily Gold Miners Index Bull 2XShares (ARCA:NUGT)

Direxion Daily Gold Miners Index Bull 2X Shares NUGT was spiking about 3.5% higher on Tuesday, continuing to fly north within a rising channel patter more_horizontal

NUGT: For Aggressive Gold Bugs, Leverage On Leverage

By Seeking Alpha
August 26, 2023

NUGT: For Aggressive Gold Bugs, Leverage On Leverage

Owners of the Direxion Daily Gold Miners Index 2x Bull ETF can create leverage of 3x to 5x the typical value changes in gold bullion in a bull upmove. more_horizontal

NUGT: Leverage And Compounding Has Made This Gold Miners 2x ETF Unattractive

By Seeking Alpha
June 12, 2023

NUGT: Leverage And Compounding Has Made This Gold Miners 2x ETF Unattractive

Gold production is higher than gold consumption, which might be a reason for gold prices not skyrocketing, despite the current uncertain economic scen more_horizontal

Gold Rises Higher As Investors Weigh Recession Probability: This ETF Offers 2X Leverage - Direxion Daily Gold Miners Index Bull 2XShares (ARCA:NUGT)

By Benzinga
June 5, 2023

Gold Rises Higher As Investors Weigh Recession Probability: This ETF Offers 2X Leverage - Direxion Daily Gold Miners Index Bull 2XShares (ARCA:NUGT)

Direxion Daily Gold Miners Index Bull 2X Shares NUGT was rising more than 1% on Tuesday in tandem with spot gold, which was moving about 0.5% higher, more_horizontal

Strength in Critical Minerals Mining Could Benefit Gold

By ETF Trends
May 15, 2023

Strength in Critical Minerals Mining Could Benefit Gold

The global transition to alternative energy sources is feeding into early strength for critical minerals. Demand may rise over the coming years. more_horizontal

Bullish On Gold Miners Amid Economic Fears? This ETF Offers 2X Leverage - Direxion Daily Gold Miners Index Bull 2XShares (ARCA:NUGT)

By Benzinga
May 5, 2023

Bullish On Gold Miners Amid Economic Fears? This ETF Offers 2X Leverage - Direxion Daily Gold Miners Index Bull 2XShares (ARCA:NUGT)

Direxion Daily Gold Miners Index Bull 2X Shares NUGT gapped down almost 6% lower on Friday, when the ETF ran into a group of buyers who knocked it dow more_horizontal

This Leveraged ETF Follows Spot Gold Higher As Recession Worries Persist: A Look At The Chart - Direxion Daily Gold Miners Index Bull 2XShares (ARCA:NUGT)

By Benzinga
April 5, 2023

This Leveraged ETF Follows Spot Gold Higher As Recession Worries Persist: A Look At The Chart - Direxion Daily Gold Miners Index Bull 2XShares (ARCA:NUGT)

Direxion Daily Gold Miners Index Bull 2X Shares NUGT gapped up 2.45% higher on Wednesday, where the ETF ran into a group of sellers who knocked it dow more_horizontal

NUGT: Fortune Favors The Brave (Technical Analysis)

By Seeking Alpha
March 22, 2023

NUGT: Fortune Favors The Brave (Technical Analysis)

If gold has printed an 8-year cycle low, NUGT will undoubtedly attract interest among speculators. Buying volume has been to the fore in recent sessio more_horizontal


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