Replies to post #42126 on Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

Yes, headline is a big beat...but the number that is likely going to drive the USD/Gold action today is the 3.1% YoY wage growth number...which is the highest since Sept 2009. That is highly supportive of Fed action. It's only one month, so we have to see if it turns into a pattern or a one-off in future reports.