Replies to post #45426 on Direxion Daily Gold Miners Bull 2X (NUGT)

[ReservedRisk]

I think it's likely this has already happened.

But you may be right about a possible retail blow off top/pump and dump coming before more 'stimulus'.

Bought a bunch of a leveraged
S&P volatility play that I think will pay off around a 50%+ return within the month. Already up 9% off the lows, but expect much, much more or I wouldn't be wasting time. Their just isn't any catalysts that I see to hold the market up.. Even if Trump delivery a signing of the phase 1 deal there would be a sell the news event immediately following.

[ReservedRisk]

The 'stimulus' they've added this year has a 50/50 shot at pushing equities higher(pump) while more smart money/insiders liquidate(dump). Smart money has already begun positioning in gold.(current rally)

Equities could push up around 5%,(30k dow) but in that time $gold will be pushing towards all time highs.
(Its not worth the risk to jump into equities compared to gold based assets)