Direxion Daily Gold Miners Be (DUST)

[tommer]

This one is about ready to FLY!!!!
gold going down.....any targets?

[ClayTrader]

* * $DUST Video Chart 08-11-2020 * *

Link to Video - click here to watch the technical chart video

[Agoura Guy]

Nice DUST move today!

[ProfitSnatcher]

Sold my DUST shares on pre-market pop

[slmlrd]

yes she does. Thank you all for being around when times were rough..

[Lowjack]

There she blows!

[slmlrd]

It looks that way. Yes, this trade was ideal for me.

[slmlrd]

Am i hear alone on this one?

[Lowjack]

Hope is not an effective trading strategy!

[ReservedRisk]

$DUST Holding STRONG.


This WILL explode soon..





glta

[ClayTrader]

* * $DUST Video Chart 04-23-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $DUST Video Chart 04-22-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $DUST Video Chart 04-21-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $DUST Video Chart 04-20-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $DUST Video Chart 04-17-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $DUST Video Chart 04-16-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $DUST Video Chart 04-15-2020 * *

Link to Video - click here to watch the technical chart video

[jablome]

Just got out nice plus 12 percent

[jablome]

[fitzwell11]

Selling half here at $1.70. Holding other

[fitzwell11]

Agreed, I held tonight as GDX and Gold boy over extended but I’ll be out Friday at latest

[jablome]

almost the 22nd, theirs still juice to squeeze out of it though.

[ClayTrader]

* * $DUST Video Chart 04-14-2020 * *

Link to Video - click here to watch the technical chart video

[Alice-N-Wonderland]

Thought I'd "short" Gold here today with DUST. In @ 1.59 Out @ 1.63 x 10000 shares

Reverse Split coming here, after markets close on April 22nd. 3 Day weekend ahead. Markets will be closed on Monday April 20th.

https://www.prnewswire.com/news-releases/direxion-announces-reverse-splits-of-twelve-etfs-301037837.html

Live Gold prices - but with some delays... anybody have a better source?
https://www.kitco.com/charts/livegold.html

[fitzwell11]

Loaded $1.48-1.50 today. Short pullback in Gold before it moves higher imo.

$DUST

[ClayTrader]

* * $DUST Video Chart 04-13-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $DUST Video Chart 04-09-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $DUST Video Chart 04-08-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $DUST Video Chart 04-07-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $DUST Video Chart 04-06-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $DUST Video Chart 04-03-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $DUST Video Chart 04-02-2020 * *

Link to Video - click here to watch the technical chart video

[tw0122]

Stopped out earlier took the loss. Gold rolling today

[tw0122]

In DUST at $2.55 with stop loss placed

[tw0122]

Almost time for a quick DUST daytrade

[ClayTrader]

* * $DUST Video Chart 04-01-2020 * *

Link to Video - click here to watch the technical chart video

[tw0122]

DuST trading closer to 2x while NUGT trading about 1x when compared to GDX

[JohnCM]

All of that information is on the discussion board

ETF ETN 1X 2X 3X

[tw0122]

Is it really a 2x fund when it couldn’t make it as a 3x fund

[tw0122]

Agree

[Fishpert]

I say they are a fraud. Take a look at tvix it didn't crater.
Just another way to steal peoples money and give it to Direction.

[tw0122]

Following the March 13th peak, DUST cratered more than 80% in value.

Adding to DUST's problems was the fact that it was disconnecting from its underlying index. Small premiums and discounts can be expected from time to time in ETFs, but DUST's premium spiked to as much as 24% and its discount sunk to as low as -8%.


The Fed has since stepped in to reduce some of the market's overall volatility, but DUST's problems were bigger than that.

What Caused The Change In Leverage Exposure?
In short, it's a liquidity issue. The commodities markets have been very volatile to begin with, which has certainly contributed to its issues, but the imbalance of buyers and sellers and the rising costs of attempting to establish leveraged exposure to certain sectors has made it impractical to continue with its objective for the time being.

DUST is a very risky investment under normal market conditions, but the current bear market in commodities has highlighted some of the additional risks that come with these types of products, notably a lack of liquidity and the possibility of disconnecting from its underlying asset.

[tw0122]

Effective after market close on March 31, 2020, the Direxion Daily Gold Miners Index Bull and Bear 2X Shares changed their investment objectives and daily leverage from 300%/-300% to 200%/-200%. Read More.
The Direxion Daily Gold Miners Index Bull and Bear 2X Shares seek daily investment results, before fees and expenses, of either 200%, or 200% 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.

These leveraged ETFs seek a return that is 200% or -200% of the return of their benchmark index for a single day. The funds should not be expected to provide two times or negative two times the return of the benchmark’s cumulative return for periods greater than a day.

** Through March 31, 2020, the Fund sought daily leveraged investment results, before fees and expenses, of 300% or -300%, of the performance of the NYSE Arca Gold Miners Index.

[ClayTrader]

* * $DUST Video Chart 03-31-2020 * *

Link to Video - click here to watch the technical chart video

[JohnCM]

DUST IS NOW A 2X FUND

source discussion board ETF ETN 1X 2X 3X

[tw0122]

 between January 1, 2008 and December 31, 2009. While the S&P 500 ETF (SPY) declined by 20%, the Gold Miners ETF (GDX) declined 6%

[tw0122]

Patience paid off and DUST closed at$3 level. Time to bounce the day trade

[tw0122]

Looking good day looks like Fed done beating down Gold price but let’s have a little more patience

[ClayTrader]

* * $DUST Video Chart 03-30-2020 * *

Link to Video - click here to watch the technical chart video

[Whitney32]

Used to listen but couldn’t take the whole “30 minute timeframe” speech at the beginning. Decided to listen to the one he posted for DUST and he didn’t do that speech. Maybe I’ll give him a try again. Thanks for your post.