UPDATED STOP LOSS FOR NUGT IN US ETF MODEL PORTFOLIO

Rudy & Rooster · Rooster Global Portfolio Mastery Club · June 15, 2026 at 15:18  | Read on Substack ↗
Summary
The article announces an update to the stop loss for NUGT in the US ETF Model Portfolio, emphasizing that the position was always intended as a short-term leveraged trade (a 'leveraged quickee'). This signals a tactical, risk-managed approach to a volatile gold mining ETF with no broader market thesis beyond the instrument itself.
  • •On 2026-06-15, the author updated the stop loss for NUGT (Direxion Daily Gold Miners Index Bull 3X Shares) in the US ETF Model Portfolio.
  • •The author states the NUGT position 'was only meant to be a leveraged quickee', indicating a short-term speculative intent rather than a long-term holding.
  • •No specific stop loss level, reasoning, or new price target is provided in the article.
  • •The update is purely administrative; no other securities or positions are mentioned.
Length 95 chars
Category finance
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