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JANASENA

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1 minute ago, aviator said:

any one buying more $jnug on the dip? or will it go down more?

aa dip ento telisthey appude konukkoni up ayyaka ammevallam ga  @3$%

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2 minutes ago, JANASENA said:

aa dip ento telisthey appude konukkoni up ayyaka ammevallam ga  @3$%

if you are holding longer term, it will go up for sure. but day trading , short term's for quick$$ will depends on trump thata i guess. next couple of days will be interesting for gold

 

7.50 daggara limit petta to buy more of $jnug. i will hold long term

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5 Reasons Gold Prices Will Explode — In a Good Way! ^^^^^^

GLD, JNUG and NUGT are set up for massive profits

By Jeff Reeves, Executive Editor of InvestorPlace.com  |  Jan 19, 2017, 11:33 am EST
 
 

 

Gold prices were sleepy in 2016, on paper. The precious metal rose 9% compared with roughly the same gain for the S&P 500 index and the Nasdaq 100 Index.

5 Reasons Gold Prices Will Explode -- In a Good Way!
Source: Shutterstock

But a closer look shows significant volatility along the way. In other words, if you bought gold at the bottom of about $1,050 a year or so ago and sold at the top of $1,400 or so in summer, you made a nearly 35% gain. On the other hand, if you bought the mid-year top and sold during the December lows for gold prices, you lost almost 20%.

This kind of movement is common in commodities like gold, crude oil and other materials. And wise investors know how to use the volatility in gold prices to their advantage.

Right now, these savvy traders are salivating over gold prices as the precious metal looks to power higher:

  1. Trump Rhetoric: Lot of Donald Trump’s comments lately, from posturing over Taiwan to continued tough talk about NATO, has been adding to uncertainty about global markets and geopolitics. When uncertainty is the rule, gold prices rise.
  2. Wane of the Reflation Trade: While President Donald Trump takes office this week, many investors are closing out their risk-on trades bought on after his election. After all, a quick double-digit gain in stocks from Election Day through Christmas priced in many of the anticipated pro-business policies. As stocks fade in an increasingly risk-off environment, gold will rise.
  3. Brexit Fears: It’s not just Trump alone fueling global uncertainty. British Prime Minister Theresa May roiled markets recently after saying the U.K. will not be a partial partner in the EU and will leave the shared euro zone market altogether. That could be messy, and risky for companies with exposure there. Again, as uncertainty abounds, it favors gold prices.
  4. Dollar Slumps: President Trump recently said the dollar was “too strong,” and America’s currency has softened to its lowest levels since early December. When the greenback falls, gold prices rise because its value is denominated in U.S. dollars.
  5. Correction Fears: If all this wasn’t enough to cause concern for stock investors, we continue to see stretched valuations with the S&P trading for for almost 18 times forward earnings. Those reluctant to chase the bull market into its eighth year are increasingly seeking out safe haven assets, like gold.

How to Invest in Gold Prices

Well, if you’re looking for a pure play on gold then trust in bullion-backed exchange-traded funds like the iShares Gold Trust(ETF)(NYSEARCA:IAU) or the SPDR Gold Trust (ETF) (NYSEARCA:GLD). These funds are directly tied to gold prices.

A popular trade for those looking for a bit more potential (and a bit more risk) is to invest in gold miners. While gold prices are up 5% or so year-to-date, many gold miner stocks are up even more. Barrick Gold Corporation (USA) (NYSE:ABX) is up almost 6% and Goldcorp Inc. (USA) (NYSE:GG) is up 11%, for instance.

But what if you don’t want to buy individual miners? The way to play this trend in a diversified way is via bigger miners in Market Vectors Gold Miners ETF (NYSEARCA:GDX) or small-cap miners via Market Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ).

And, of course, for those who are aggressive investors there are the triple-leveraged ETFs including Direxion Shares Exchange Traded Fund Trust (NYSEARCA:NUGT), or Direxion Shares Exchange Traded Fund Trust (NYSEARCA:JNUG), for smaller miners. These provide 3x exposure to bigger miners and junior miners, respectively. NUGT is up almost 30% YTD and JNUG is up almost 50% YTD.

Of course, they also provide 3x the losses if they stumble. So be wary of placing too much cash in these very risky funds.

 

 

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3 minutes ago, aviator said:

if you are holding longer term, it will go up for sure. but day trading , short term's for quick$$ will depends on trump thata i guess. next couple of days will be interesting for gold

7.50 daggara limit petta to buy more of $jnug. i will hold long term

I'm also holding this for long term. what your guess would be ($?) in the month of march or april ? 

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10 minutes ago, JANASENA said:

I'm also holding this for long term. what your guess would be ($?) in the month of march or april ? 

my guess is it will be 10+. how much plus depends on trump, brexit, $ etc.

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3 hours ago, solman said:

DryShips Inc. ( NASDAQ : DRYS ) (the "Company" or "DryShips"), a diversified owner of ocean group cargo vessels, announced today that its Board of Directors (the "Board") has determined to effect a 1-for-8 reverse stock split of the Company's common shares. At the Company's annual general meeting of shareholders on October 26, 2016, the Company's shareholders approved the reverse stock split and granted the Board, or a duly constituted committee thereof, the authority to determine the exact split ratio and proceed with the reverse stock split.

The reverse stock split will take effect, and the Company's common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market, as of the opening of trading on January 23, 2017 under the existing trading symbol "DRYS". The new CUSIP number for the common stock following the reverse stock split is Y2109Q408.

When the reverse stock split becomes effective, every 8 shares of the Company's issued common stock will be automatically combined into one issued share of common stock. As of the date of this press release, the Company had 69,357,841 common shares issued. Effecting the reverse stock split will reduce the number of issued common shares from 69,357,841 shares to approximately 8.7 million shares. 

No fractional shares will be issued in connection with the reverse split of the issued common stock. Shareholders who would otherwise hold a fractional share of the Company's common stock will receive a cash payment in lieu thereof at a price equal to that fraction to which the shareholder would otherwise be entitled multiplied by the closing price of the Company's common stock on the Nasdaq Capital Market on January 20, 2017.

Shareholders with shares held in book-entry form or through a bank, broker, or other nominee are not required to take any action and will see the impact of the reverse stock split reflected in their accounts on or after January 23, 2017. Such beneficial holders may contact their bank, broker, or nominee for more information.

Shareholders with shares held in certificate form will receive instructions from the Company's exchange agent, American Stock Transfer & Trust Company, LLC, for exchanging their stock certificates for a new certificate representing the shares of common stock resulting from the reverse split.

ANTEY naku 500 hares untey avi 250 avuthaya jan 23roju??

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13 minutes ago, zombie said:

ANTEY naku 500 hares untey avi 250 avuthaya jan 23roju??

every 8 shares of the Company's issued common stock will be automatically combined into one issued share of common stock

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48 minutes ago, JANASENA said:

I'm also holding this for long term. what your guess would be ($?) in the month of march or april ? 

malli enni konavu uncle @3$%

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