2XBEAR JUNIOR MINERS LOOKING GOOD FROM HERE!It's time for precious metals to take a cooler.
I noticed AMEX:JDST 's options for $5 is off the chart compared to other months. I bought calls for .20 for $5 strike price in September. I anticipating these going to 2.00 by then which is 1000% return.
I also think AMEX:DUST is worthy of buying
Key stats
About Direxion Daily Junior Gold Miners Index Bear 2X Shares
Home page
Inception date
Oct 3, 2013
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
JDST provides geared inverse exposure (-2x) to the MVIS Global Junior Gold Miners Index, a cap-weighted index of global gold mining companies that derive at least 50% of their revenue from gold or silver mining activities. The index caps exposure to silver mining firms at 20% during each quarterly review. The term junior refers to the size of these firms, which are considered small-caps by the index provider. Overall, this tends to be a volatile segment. Like most inverse and leveraged products (including sister fund JNUG, which provides 2x exposure to the same index), JDST's exposure is reset daily. The fund is therefore designed to be used as a tactical trading tool. You must regularly reset your exposure to get the multiple if you hold the fund for more than a day. Prior to March 31, 2020, the fund provided -3x exposure to the same index.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
JDST Inverse Junior Gold Miners ETF: Inverted Head and ShouldersJDST, the 2x Inverse Return ETF for the Junior Gold Miners Index, has formed a Slanted Bullish Head and Shoulders pattern that is currently holding above the 21SMA. If it holds here, I can see it rising all the way up to $12-$17 as gold loses steam.
Buy $JDST - NRPicks 21 MayJDST is an inverse ETF leveraged 2x the daily performance of the MVIS Global Junior Gold Miners Index. The fund invests in futures contracts, short positions or other financial instruments that provide leveraged inverse exposure, tracks the performance of micro, small and medium-sized foreign compan
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
JDST trades at 9.67 USD today, its price has risen 1.79% in the past 24 hours. Track more dynamics on JDST price chart.
JDST net asset value is 9.47 today — it's fallen 31.16% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
JDST assets under management is 70.96 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
JDST price has fallen by −28.69% over the last month, and its yearly performance shows a −72.13% decrease. See more dynamics on JDST price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −31.16% over the last month, showed a −51.78% decrease in three-month performance and has decreased by −70.82% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −31.16% over the last month, showed a −51.78% decrease in three-month performance and has decreased by −70.82% in a year.
JDST fund flows account for 35.58 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
JDST invests in cash. See more details in our Analysis section.
JDST expense ratio is 0.89%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
JDST is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, JDST technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating JDST shows the sell signal. See more of JDST technicals for a more comprehensive analysis.
Today, JDST technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating JDST shows the sell signal. See more of JDST technicals for a more comprehensive analysis.
Yes, JDST pays dividends to its holders with the dividend yield of 2.60%.
JDST trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
JDST shares are issued by Rafferty Asset Management LLC
JDST follows the MVIS Global Junior Gold Miners. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 3, 2013.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.