Direxion Daily Junior Gold Miners Index Bull 2X Shares
JNUG

$47.93

5.49%

Market Cap: $364M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

3% more call options, than puts

Call options by funds: $21.2M | Put options by funds: $20.6M

5.94% less ownership

Funds ownership: 10.72% [Q1] → 4.77% (-5.94%) [Q2]

6% less funds holding

Funds holding: 32 [Q1] → 30 (-2) [Q2]

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

44% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 9

59% less capital invested

Capital invested by funds: $34.1M [Q1] → $13.8M (-$20.3M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for JNUG.

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Financial journalist opinion

Direxion's Ed Egilinsky Talks Small-Caps, Growth & More

Following market uncertainty in August, investors may feel compelled to reassess their portfolio allocations. With potential rate cuts from the Federal Reserve on the horizon, now may be a good time to diversify your portfolio and seek growth strategies.

Direxion's Ed Egilinsky Talks Small-Caps, Growth & More

Zacks Investment Research

5 Bullish ETF Ways to Play Gold Strength

The yellow metal hit a new all-time high of $2,521.00 per ounce driven by a weak dollar and safe-haven demand, with many analysts expecting more upside in the months ahead.

5 Bullish ETF Ways to Play Gold Strength

JNUG: Turbocharging Junior Gold Miners Makes Timing Critical

Gold rally since 1999 has seen significant growth, with December COMEX futures reaching $2,537.70 in July 2024. GDXJ is a junior gold mining ETF with over $5 billion in assets under management, providing leverage to gold price rallies. Direxion Daily Junior Gold Miners Index Bull 2X Shares ETF is a leveraged fund that can turbocharge returns during gold and GDXJ rallies, but requires careful attention to risk management.

JNUG: Turbocharging Junior Gold Miners Makes Timing Critical

Fading Recession Fears Could Prop Up Gold Miners

Recession fears have been leading to increased volatility, especially in the major stock market indexes as of late. However, as economic data starts to quell those fears, it can also help gold prices.

Fading Recession Fears Could Prop Up Gold Miners

NUGT & DUST: Prospecting Precious Metal Miners

Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.

NUGT & DUST: Prospecting Precious Metal Miners

Top Performing Leveraged/Inverse ETFs: 05/19/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 05/19/2024

Top Performing Leveraged/Inverse ETFs: 05/12/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 05/12/2024

Zacks Investment Research

Best Inverse/Leveraged ETFs of Last Week

Wall Street was upbeat last week. Notably, on Friday, the Dow secured its eighth consecutive session of gains.

Best Inverse/Leveraged ETFs of Last Week

Zacks Investment Research

Gold's Bull Run Likely to Continue: ETFs to Add More Shine

Investors who are bullish on gold right now may want to consider a near-term long on the precious metal. There are several options in the leveraged gold and gold mining space to make quick profits, as these could see huge gains in a very short time frame compared to simple products.

Gold's Bull Run Likely to Continue: ETFs to Add More Shine

Top Performing Leveraged/Inverse ETFs: 04/07/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 04/07/2024

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