Replies to post #19895 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[SurgeGuy2.0]

Complete BS

[Captainandy]

#JNUG: The Gold Signal, Just Like 2008

First came the gold price take-down, and then came the Sunday night announcement. It’s just like late October, 2008…



by Dave Kranzler of Investment Research Dynamics

In 35 years of active participation in several diverse aspects of the financial aspects, I’ve never seen a more obvious investment set-up than long gold, silver and mining stocks:






https://investmentresearchdynamics.com/the-gold-signal-just-like-2008/

[ReservedRisk]

$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