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Stockchase Opinions

Larry Berman CFA, CMT, CTADirexion Daily Junior Gold Miners Index Bull 3X SharesJNUGDON'T BUYMar 19, 2020

It is a leveraged play on junior minors. DO NOT PLAY LEVERAGED ETFs! If you get a day when the commodity is down 30% of this ETF is wiped out. This isn't the time to speculate. This one is down 92%.
$4.14

Stock price when the opinion was issued

$139.00

As of Jun 12, 2026. Market Open.

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DON'T BUY

It's up 30% this year. It consists of junior gold companies. If these companies find gold, those companies get profitable quickly, but you also gett three times the leverage. It's not a long-term play, but a short-term aggressive one. GLD is better for the long term.