Direxion Daily Gold Miners Bull 2X (NUGT)

[ReservedRisk]

Lol.. I could find a tweet saying the same on the otherside..

You'll get your pullback eventually and you can say I told you so. ;^)

Going long the sector makes sense to me.

You gotta admitt there's serious fundamentals being revealed recently that justify a much, much higher price.

Understandably, we will get a pullback probably very soon, but the size of the gaps sector wide signals something has changed in the mind of the market.

Maybe the market is starting to think that the Feds 'tools' are making things worse, only work short term, and produce zombie companies..

Plus the debt public and private is massive, a major trade disput w/ our biggest trade oppenent/partner, market that's had a great run and now Iran..