Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) Dividend History

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• Direxion Junior Gold Miners Bull And Bear ETFs Allow Two-Way Plays For The Precious Metal

  Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSE:JNUG) and Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSE:JDST) both find themselves in the spotlight but for contrasting reasons. The former leveraged exchange-traded fund lost more than 4% during Thursday's afternoon session while the latter moved up nearly 4%. The underlying gold market rebounded sharply since late February of this year, mainly due to inflationary concerns. Indeed, last year, retail giant Costco (NASDAQ:COST) reported that it sold millions of dollars' worth of gold bars to its members. Costco began selling one-ounce bullion bars in September. Fundamentally, one of the biggest catalysts for the precious metals ecosystem is the Federal Reserve. Prior to the disclosure of the May jobs report on Jun. 7, gold prices soared amid speculation that the central bank would cut the benchmark interest rate. Reducing borrowing costs may spur economic activity, which theoretically should have a positive effect on commodities. However, upon the jobs report disclosure, economists discovered that nonfarm payrolls surged by 272,000, far exceeding their expectations for 180,000. This ...Full story available on Benzinga.com

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• 5 Best Inverse/Leveraged ETF Areas of Last Week

  Wall Street was upbeat last week with the S&P 500 gaining 1.2%, the Dow Jones inching up 0.7% and the Nasdaq Composite adding 2.3%.

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• The Gold Short: No More False Dawns

  Inflation-adjusted US T-bond yields are an inverse forward indicator of gold prices. Learn more about shorting gold and the long gold crowd.

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  Featured Companies: BAR DUST GDX GDXJ GLD GLL JNUG NUGT SLV