History repeats.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$JNUG See below.
The shares of an exchange-traded fund can be traded throughout the day. The value of the ETF is also driven by the value of the holdings in the fund. With many securities in each ETF and all of them changing value constantly, there is potential for the price you pay on the market for the ETF shares to differ from the NAV.
There are institutions that participate in the markets to form "creation units" that make it possible for the price you pay for the ETF to track the ever-changing NAV. Whenever the NAV and market price separate, this mechanism brings them back in line. I'll leave the details on how that works for another day but you should know it isn't guaranteed, instantaneous, or perfect.
https://www.marketwatch.com/story/what-drives-the-price-of-an-etf-2016-07-22
Price is not only tracking it's being traded and SOMETIMES can differ from NAV(Net Asset Value) in unique circumstances(RS)..
You could take the time for me and look up the price actions in JNUG and its inverse JDST after a RS takes place and post the chart(s). Thinking this would be of value to everyone..
If you choose not to post the charts it would imply JNUG is about to fall after RS HARD. ;^)
Glta
$FAZ This explodes SOON.
Worth a buy at these levels and below..
Glta
$TECS Might be a good quick buy to sell into next week's rally before the RS on April 22nd..
Could easily see 6$ pps..
Glta
$JNUG This is because dollar was headed lower and gold higher immediate term.
$NUGT Tests $5 before the RS.
Then after the RS when price is around 25$ pps falls to 10-15..
After it bottoms around 10$(guessing) it will be one of the best buys on can make.
Glta
TRADE ACCORDINGLY.
Agreed. Figure you would like this video.
$JNUG This implodes to 4 & below before the RS in 1.5 weeks. HOLD TIGHT.
https://www.prnewswire.com/news-releases/direxion-announces-reverse-splits-of-twelve-etfs-301037837.html
Great job.. ;^)
It will completely implode and test recent lows of 4$. ;^)
Trade accordingly.
They were baked in before the market bounced. Market has now had a bounce to the 50% fib retracement.(Bigger then I had thought) Panic will resume soon as the market starts to factor in ugly future again.(Dollar, $JDST, and volatility indexes rally)
No central banking can change human psychology. They can try to 'guide it', but the free market always wins in the end.
This is when you load up on metals and miners.
This will rally into the RS on the 22nd. Sell this into this rally before the RS. That is unless the situation involves GDXJ breaking 20$. Could happen, but not leaning to that big of a minor breakdown unless this virus starts shutting down more mines and gold breaks hard towards the 200 week ma..
Panic in ALL asset classes is without a doubt coming back soon. Fed will/can try its hardest to squeeze the smart traders into covering their shorts, like it currently is, but it won't work long term imo.
GOOD TIMES AHEAD. ;^)
Couldn't have said it better.
Love the chart. Good times ahead for those that don't follow the heard.
I would say glty No-Quarter, but you don't need it. ;^)
$JDST I would say I try, but I write what others, I think, would like to see.(Honest takes, backed up with action) Just as I would want them to do for me.
Solid foundation.
BTW you can really tell metals, indirectly the miners, will implode when you look at what gold did in 2008. It will resume lower and make the emotionally attached that 'know it's going higher', sell at the bottom to us/me around the $1350 mark on gold..
(Metals tied to the markets more then most would like to tell you)
You can really see the coming breakdown when you look at silver..
Glty and execute YOUR strategy based on history. Don't buy the cheap hopium at the moment that's going around.
Most volatility we will ever see in our lifetime coming.(The worst is NOT over)
$JDST Couldn't help it; Just doubled my position.(1.86 Cost avg)
Holding a LOT.
Glta
$JDST Bought 2.15, added 1.95, & will double position if we can retest/break the lows at around 1.6.
Down 15% ATM & HOLDING STRONG.
Bull trap.(Market/miner panic will resume SOON)
Trade accordingly.
Glta
I have under 50% in metals, but over 50% in cash.(Waiting for the euphoria to fall away)
$JDST Holding STRONG.
$JNUG Gap n trap.
Weekly employment #'s due today..
I WILL double up if it goes to around 1.6
Glta
I take my life seriously, which involves my words and trades.(Principled) If you want to compare what you've said vs what I have said.. $NUGT LOWER glty.
$NUGT I was up 50% at that point.. (GOOD TRY ;^)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153988405
Predicted you'd get 'smart'.
(I'm a robot)
Didn't lose a dime.(I make $) Also told ppl my feelings.
Market bears are ridiculously undervalued even though they have to go against the grain and make valid points they wish weren't true..
(Rising tide raises all ships)
Our society is so wrapped up in think positive now matter what that it's very scary.(Reflection of the bubble) After ppl lose everything this will change as the market evolves.
Respect due.
$UVXY will soon rally again. Collect the emotional/dramatic dips and wait for it.. ;^)
Don't forget 40 and under possible here, but after that a reach towards the highs coming..
glta
$JDST Agreed 80% sure it's this week this starts take off, but there's that 20%.(Nothing's perfect ;^)
HOLDING STRONG and adding dips because this WILL take off soon and launch.
$NUGT My 2/24 post was spot on if you were trading it.
BTW way the sell the news I was referring to here, if anyone was wondering, was the senate passing the 'relief bill'.
Thanks all. Good week ahead for nimble experienced traders.(Follow me if your not and think my posts have value) I will be respectful if abiding by the Golden rule. ;^)
PM me if you have questions. I'm usually very nice.
(If you can't public/private message me get an account)
I will give you an honest detailed opinion.
Largest wealth transfer in modern history coming. Take advantage of it.
If you don't like me, this guy's right in principle/long term wealth preservation.
Good luck in NYC. I'm not coming to visit anytime soon, but wish you well through this. As for a visit, what would be the point in my case?
$NUGT lower..
Follow the dollar to better your trades or you'll end up like this guy.(https://www.marketwatch.com/investing/index/dxy)
When the dollar goes up sell gold. When the dollar goes down buy gold. ;^)
People will rush into the dollar for one last BIG mistake in the next couple months.(9 of the 10 people you know will sell assets for dollars instead of trading them for gold) They will BUY the dollar.. ;^)
After they see prices going higher the purchasing power of their dollars will go down and they will want trade their dollars for gold/silver.(That's when I'll be selling it to them at much higher prices to buy stocks that survive this VERY, VERY LOW)
glty
You will come to regret this statement in a year and this is someone who's bearish the mining sector short term.($JDST)
Long term 95% of the miners that don't go belly up in this current environment will make new 5 year highs and reach higher in some cases in the next 2 years.
BUT they will go lower as in every panic, which I called btw, and then EXPLODE.
Load this weakness for long term.
I think where things tend to get confusing is when I'm on this board I refer to the miners and ppl can take that as this etf in particular.. I actually should be more spec going forward because I can see how that could be interpreted wrong.
Now I will admit I didn't think the miners would fall this dramatically before this virus was introduced as the catalyst by the talking heads, but things change. Forgive me for not being 100% perfect.
Really I think this virus is the excuse central banks and gov't around the world are using to deflate the bubbles and distract as they grab power.
I am very bullish on $NUGT and $JNUG just not this month.(Thinking much longer term) In fact, I think they will go straight up eventually as I have said multiple times.(After the next panic)
I also didn't think the bubble would pop due to a virus, but here we are. This virus is causing gov't to force companies to shut down mines.
Trade accordingly and honestly wish glty.
You guys had a negative sentiment and were trading intraday.. When the dollar was headed lower and gold was rallying. Of coarse I'm going to let my followers know to not listen.
Minus the slaughtering as you must have experienced yes the market rolled over and miners started tanking due to the virus. If that's not obvious enough for you to sell I'm sorry for not telling you how to trade day to day min by min.. ;^)
BOTH. Hahahahaha
I don't have to pick one who are you?
I've been CLEAR as a bell. Long term miners explode, but there will be a crash just as in every true black swan the 2000's, 2008, and now. That doen't change my long term picture.
I have also said that if the opportunity presents it's self I will capitalize on it.
Why can't I make money trading these on the short term?
Lol.. and what happened after 12/26?
ran from 76 to 105..
I can't explain every one of my posts to you. If you don't get the just of what I'm saying and aren't hedging and diversifying. I can't help you.
Over 90% are on point as are my trades.
LOOK at where I started posting on the JNUG board.(put your glasses on)
First JNUG post on 3/22.(I made a ton if you were wondering)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154487020
Reason I thought it was going to 20 is I thought the market would have bounced more.
"I honestly thought the market and miners would've bounced further, but I guess the sell on news theory applies. Next week should be interesting."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154637274
That's when I bought $JDST.
lol
$UVXY If one were to have hedged with any volatility index as I recommended in the post 8 posts before that on 2/23. They would have MADE $ like me. End of story.
(https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153974895)
How much have you lost here hmm.. Six figures according to your own words. And that was before there was any real volatility.(Pathetic)
Okay Weazelboy, I bet you can't find a single post from anyone that has been as close as me in this record breaking volatility.($NUGT, $JNUG, $UVXY, $DUST, $JDST)
I have made dramatic long term predictions that nobody, but me, called and capitalized.
I seem to remember you saying something to the effect, "long term predictions are for fools".. ;^)
Well you've got to see most of mine come true. Question is how deep is the cognitive dissonance, and will you ever be able to admit that I am a much better trader/investor?
Answer:No.
Take your grudge and bad attitude somewhere else.. Strictly business; no emotion here.
By the way now is the time to BUY $JDST and/or $DUST now that the dollar index is going to explode higher in the next market panic lower. Huge rally to come in the next month with these 2.
I bet I'm right again.
glty
Poor guy.. The year time frame isn't over.. still have 8 months for it to get there. Math is hard for some.
My predictions vs yours.(no comparison)
You forget..
$JNUG The fall has begun.
Good stock but will need to come much lower.
Panic will resume here soon.
Trade accordingly.
glty
We WILL see.
$JNUG Tied to markets..
Correction* "Until gold decouples from the dollar" (meant the markets)
Correction* "Need to see that decoupling first."(safe) (meant dollar moving down first or get that gut feeling dollar is about to move lower)
Also it needs to be said here. The dollar and gold have an inverse relationship. When ppl get scared or run out of cash to pay debts they trade assets for dollars.(They BUY the dollar)
That's all. Hopefully this helps with ppls trades.
Glta