Gold Stocks May Be Good During Market Volatility

One of my favorite short-term trading stocks (a month or less), NUGT tracks the performance of gold miners.  It's a triple leverged ETF, meaning that it's designed to have 300% of the performance of the Arca Gold Miner's Index.

On 1/13/16 NUGT was a buy below $23. I bought in at $22.84.
(The 52 week low is $21.70)  By the end of trading hours it was back up to $23.30.
Ideal sell price is $27.00 or higher, but with more shares I would be out at $25.15 (10% gain).

Previously I have bought in at $24.47 average on 12/31/15 and sold at $26.43 on 1/4/16.
That's an 8% gain before trading fees.

NUGT is usually a buy below $25, because it peaked at $30 twice in the last three months and could have been sold at $26 or $27 several times.
Dec 4, 2015
Jan 7, 2016

If you think Gold is on the downtrend, you can invest instead in DUST, it does the opposite of NUGT, performing well when gold miners are doing poorly.

Other Gold investing options:
GDX
GLD
GFI
UGLD

$NUGT with the way the world markets have been acting this year this guy's going to high 30s/low 40s maybe more just have to be able to wait

— Mark Rumin (@saltwatertrader) Jan. 13 at 03:54 PM