Tread Carefully With Leveraged Gold ETF
June 19, 2019 at 11:43 AM EDT
The Direxion Daily Gold Miners Index Bull 3X Shares ( NUGT C+ ), one of the most heavily traded leveraged exchange traded funds , is on a tear. NUGT is up 13.45% over the past week and higher by more than 45% this month, prompting some market observers to speculate the fund could be poised for a breather.