Tuesday's Big Upside ETF Movers: GDX & NUGT

NEW YORK (Aug 20)  In trading on Tuesday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 3.65% on the day. Components of that ETF showing particular strength include shares of Golden Star Resources (GSS), up about 6.5% and shares of Allied Nevada Gold (ANV), up about 6.3% on the day.

However, the biggest upside mover this morning is by far NUGT (ETF that is 3X long GDX).  At this moment GDX is +3.65%, but NUGT is up a whopping +10.60%.