Direxion Daily Gold Miners Bull 2X (NUGT)

[Surfint]

A guess on how a CC might go for a well positioned miner:

1) improving operationally (cleaned up bal. sheet, let people go, etc., new business due to fall out of smaller miners, etc.) - positive

2) muted ( or lowered outlook with lower gold prices on the near term horizon ( to flush out more smaller miners, one last kick - ouch)) 4Q; they continue to improve/optimize operations (also declining oil prices, near term as the commodities complex bottoms) - neutral

3) bullish long term, bright future - positive

Possibly beat earnings estimates - positive
Expect improving conditions (after a potential pause 4Q) - positive outlook