Direxion Daily Jr Gld Mnrs Bear 3X ETF (JDST)
Yesterday marked the third consecutive day that we had been tracking the JDST ETF, and the third consecutive session that we witnessed a northerly move. From an early low of 14.07, it would go on to attain a daily high of 17.42 on volume that exceeded the 3-month average by nearly 2M shares. That worked out to a solid intraday run of 24%
As measured from the low we observed following our initial alert on Friday morning (11.40) to yesterday’s peak PPS, the JDST has risen 53% overall.
As we’ve previously mentioned, due to the nature of the fund, extended success for the JDST is contingent upon continued hardship for gold, which continued to flirt with its 3-month lows yesterday.
By now, our regular readers are aware of our trading chatrooms*, which have have turned up prime opportunities in the past due to reader participation. Yesterday, we were treated to an excellent idea from ‘Tango’ in the form of PPCH:
Following this exchange, PPCH traded in a monstrous range from .006-.035, a 483% intraday rip!
Incidentally the company also has news out this morning:
MELBOURNE, Australia, March 11, 2015 /PRNewswire/ — Propanc Health Group Corporation (PPCH) (“Propanc” or “the Company”), an emerging healthcare company focusing on the development of new and proprietary treatments for cancer patients, today announced fresh new insights have emerged into the development and spread of carcinomas >> FULL PR
*Remember, any readers who’d like to get involved in our trading chats in the future can do so easily! For either the Premium or the free chats, simply add “stocksumo” as a contact on Skype and request access!
BLRX, ARCP, CYTX, ISR