Exploring Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) stock? Nasdaq Find out if you should buy JDST stock. But, you give yourself a chance for a sizable gain all the same. In other words, for every percent junior gold mining stocks gain, the JDST is designed to lose 3 percent. Their current price of 90 cents, or $90 per contract ($0.90 x 100 shares) buys us the right to purchase 100 shares of DUST stock at $26 each — versus their current price of $23.80 — at any time over the course of the next month or so. Find out now. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. Put it in perspective, though. within striking distance, 'Only a matter of time' before gold hits record, Citi says, Rising gold prices to offset production hits for metals miners, analyst says, Gold closes near nine-month high; ETF stockpile surges to new record, Even More (Almost) Real-Time Stock Alerts. Click here for a FREE analysis on JDST. This includes personalizing content and advertising. What if, however, you could buy or sell DUST stock with less risk and even more potential reward? Let us help you stay on top of your investments. The scores are based on the trading styles of Value, Growth, and Momentum. JDST Buy or Sell? By comparison, the equivalent outright purchase of DUST stock would cost us $2380 ($23.80 x 100 shares). . quotes delayed at least 15 minutes, all others at least 20 minutes. How to Own a Chunk of These Technochasm Building Blocks, There’s No Need to Rush Into Array Technologies Stock Just Yet, Matt McCall and the InvestorPlace Research Staff, Trump vs. Biden: Stocks to Buy No Matter Who Wins the White House, Nio Is a Play on the Chinese Focus on Electric Vehicles, 10 Consumer Stocks for a Reliable Portfolio, 7 Cutting-Edge Biotech Stocks for Tomorrow, Workhorse Stock Will Soar 200% When It Wins the USPS Contract. Yesterday was and still in cheaper than today’s close. See rankings and related performance below. The short lesson on options is, they’re the right to buy or sell 100 shares of a particular stock (or ETF) at a particular price, but not the obligation to do so. JDST closed down 3.35 percent on Tuesday, October 27, 2020, on 52 percent of normal volume. The limited-time nature of options, in this case, makes them ideal for hedging against short-term swings or taking advantage of gold’s ebbs and flows. Should I buy or sell JDST stock? Get a free JDST technical analysis report to make a better stock predictions on how the stock will perform in the near future. Never miss a profitable trade. Site (and App) Updates from the Last Few Months, Esports Pro Attains High Score Playing the Stock Market, A new trading strategy from a future star trader, This Is One Of The Greatest Secular Growth Trends, Free Group Coaching and Mentoring at Traders Summit. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. JDST Stock Predictions. Should I buy stock? Learn everything about Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST). Should I buy or sell JDST stock? The fund is non-diversified. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. And, even though DUST stock is neither a future nor an option, it’s leveraged like one, moving three times as fast as gold mining stocks move, just in the other direction. JDST Stock Predictions - Get a free JDST stock forecast and stock chart. Access to Intraday penny stock screener check out the free JDST stock predictions report provided by The Direxion Daily Junior Gold Miners Index Bull (JNUG) and Bear (JDST) 2X Shares seek daily investment results, before fees and expenses, of 200%, or 200% of the inverse (or opposite), of the performance of the MVIS Global Junior Gold Miners Index. JDST is down -1.95% on 10/29/20.JDST is trading in the range of $9.25 - $12.91 in the past 30 days.Bullish IndicatorsBearish IndicatorsNeutral IndicatorsJDST rating: NEUTRAL with a score of 3/5. JDST News: Gold Is On Life Support: 5 Reasons Gold Is Going Lower, JDST News: A bell rings for mining bear market, JDST News: Direxion Debuts Leveraged Junior Gold Miner ETFs - ETF News And Commentary, Yes, please provide a link.......no link, then bullshit, Why do stocks that reverse split always have. Let’s use the DUST 17 Nov $26 calls for our example trade. The moral of the story is, if you’re right, it’s rewarding, but if you’re wrong, it can be devastating. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Market VectorsTM Junior Gold Miners Index. Mobile App. Just the $90 we initially shelled to purchase the call option. We tied up $2380 in capital by trading the ETF, and we only tied up $90 worth of capital by trading the option. © 2020 SwingTradeBot. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Should the fund move to $30, the value of our position moves to $3000, translating into a profit of $620. A word of warning: The suggestion you’re about to hear won’t apply to some of you. ZacksTrade and Zacks.com are separate companies. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. JDST Stock Forecast - Get a free JDST stock predictions and find out whether you should buy or sell JDST stock. Think gold prices are headed lower? The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. GET POWR RATINGS ... JDST Stock Price Chart Interactive Chart > JDST Price/Volume Stats - 7 Best ETFs for the NEXT Bull Market. Default or print, actually JDST has placed itself at the top. Direxion Daily Junior Gold Miners Bear 3x Shares () Fund Market info Recommendations: Buy or sell Direxion Daily Junior Gold Miners Bear 3x Shares fund? The following technical analysis is based on short term price movement and trend analysis. will perform in the near future. Even if DUST stock falls to $19 per share, the most we can lose is that $90 per contract — we’ll just choose not to use it, as it would be fruitless to do so. You will get a free JDST forecast report will be sent to your email. ;-). That would be a $480 loss, if you didn’t pull the plug any earlier than that. It involves options, and if you’re not familiar with them, trading options in DUST stock isn’t the trade you want to use to cut your teeth. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. 2020 InvestorPlace Media, LLC. With DUST stock trading at $30 sometime in early November, the (theoretical) value of the call option in question would be right around $4.00 by mid-November. The following technical analysis is based on short term price movement and trend analysis. To learn more, click here. We use cookies to understand how you use our site and to improve your experience. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms and Conditions of Service. Should You Buy the Direxion Daily Gold Miners Bear 3X ETF? All rights reserved. In the example above, the call options in question will be worthless by the third weekend of November. JDST News: Gold Mining ETFs: What's Behind The Extremely Bearish Trend? The Direxion Daily Junior Gold Miners Index Bull (JNUG) and Bear (JDST) 2X Shares seek daily investment results, before fees and expenses, of 200%, or 200% of the inverse (or opposite), of the performance of the MVIS Global Junior Gold Miners Index. Should I buy stock? © But clearly, they’re not a long-term (or even intermediate-term) position. Don’t sweat it. The Direxion Daily Gold Miners Bear 3X ETF is an easy-to-trade way of playing gold, but DUST stock isn't the best risk/reward option. Zacks Rank Education -- Learn more about the Zacks Rank Gold, miners rise on weaker dollar, dovish Fed policy hopes, Gold slips on dollar rebound, economic recovery hopes, Gold wraps 'insane' week, worst since mid-March, with loss, Gold pushes through $2K for first time amid stimulus talks, Beirut blast, Gold touches $2,000 in strongest month since 2016, Record gold price lifts miners; $2,000/oz. Should I buy (OAS)? Stock Scanner. They use their proprietary Fund Market & Finance report, prediction for the future: You'll find the Direxion Daily Junior Gold Miners Bear 3x Shares forecasts and fund quote below. That is, for every 1% gain the NYSE Arca Gold Miners Index musters, DUST stock loses 3%. Trading DUST stock is not for the faint of heart, particularly with the risk being as big as the reward. Yes, that’s more than the $310 gain we reaped on the same move using call options. The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments. As it turns out, however, there are some scenarios where a position in the Direxion Daily Gold Miners Bear 3X ETF isn’t the soundest way to trade an impending pullback in gold prices, even if it is the simplest play. Our maximum risk? The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. If you are thinking about buying JDST, make sure you check out the free JDST stock predictions report provided by MarketClub.They use their proprietary Smart Scan and Trade Triangle technology to analyze the stock and you will get an instant report on how JDST will perform in the near future. 100% Free, Limited Time Only! Even if DUST flies to $30 per share, we can buy them at $26 and sell them at the then-current price of $30. The analysis is useful for short term traders who trade stocks with technical anlaysis. We don’t want to do exactly that, mind you. Recent Intraday Alerts -- Copyright © 2020 InvestorPlace Media, LLC. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. 1125 N. Charles St, Baltimore, MD 21201. Copyright © Even if you aren’t comfortable with trading options though, it would be worth your time to paper trade them for a while, just to get a feel for how they work as a means of cheap insurance policies and low-cost speculations.