by Robert Appel
Profit Confidential
More Upside for Direxion Shares Exchange Traded Fund Trust
This is my seventh consecutive monthly update on the “longshot pick” Direxion Daily Jr Gold Miners Bull 3X ETF (NYSEARCA: JNUG)—also known as Direxion Shares Exchange Traded Fund Trust—which was originally offered to Profit Confidential readers in the third week of January 2016.
Looking carefully at the chart below, current to the market close on Friday August 19, the following observation comes quickly to mind: there has been minimal month-to-month price change, mainly due to angry and frenetic skirmishes in the “Gold Wars.”