Holly Molly. I just saw the Weather Map, and 4/5 of the nation is covering in Red heat. Some areas have experienced and will experienced temperatures in the range above 100 -127 degrees like Needles, Ocotillo Wells, San Jose, Death Valley, Palm Springs in CA, and Prescott, Tucson, Phoenix in AZ, Reno, Nevada...
I'm trying to get my head around UGAZ after buying some last week. Can someone explain what I bought in terms of what does "VelocityShares 3x Long Natural Gas ETN" mean? Does "3x" mean that the shares are 3x risky in order to get 3x the appreciation? Sorry for such a elementary question but I have failed to find an answer via Google etc... Thanks in advance, Mike
Tomorrow will be near 15. I am keeping till 17.
Based on Fridays CFTC report that comes out after closing, they show NYMEX contracts for NG shorted by 44% and LONG contracts at 56%, looks like a short squeeze might happen tomorrow based on tonights NG prices, good luck everyone
10 percent today... not bad
I bought into UGAZ at $18. (Yeah , i know, that sux) I could sell now at $13. Then maybe buy in the afternoon dip for $11. (just for an example) Now, suppose I am able to sell that next month at $30. (yeah, yippee) So, for taxes, do i pay Uncle Sam on the gains i made from $11, or $18.
And please, gentle, learned replies appreciated.
wow, future is more than 5 cents up...MM wants NG up.....😴😴😴😴😴
Tropical storm Cindy turned out to be just a heavy rain and minor flooding which caused no harm to the supply of NG. The weather for Chicago and Pittsburgh are predicted to be 69 and 68 for the early part of next week. In fact, all northeastern states will be 20 degrees below the normal temperature for the entire week.
before we start dancing let see if ng can close above $3 this week and hold
Sweet Jesus, hold..
yeah..all those that said..it's going to 9 LOL. Told ya to be patience! Sell today if you bought at 12 range..i am of course.
Mondays have been brutal lately, nice to see a pop...
down 10% yet intend to sell at 40% gain. I was hoping GAZ drop to 2.80 to buy a boat load of UGAZ but it did not happen unfortunately.
Man..... did I leave money on the table today. Sometimes even when you win you still lose.
Macd turns to positive today 😇🤔😴😴😴😴😴
I'm thinking Wednesday/Thursday was the best entry. even now isn't bad. I'm bullish
UGAZ is in a Buy territory. Buy now at $12, add more if it goes down. Target $20
Record hot temperatures across the west on tv this morning.
Limit order in 12.30
Czar Richard of unappointed status has insisted that only technical discussions are to be discussed on the Yahoo page.
Further intrusion into his fortress of NG directional premonition will lead to first being called a girl and then if it persists the all damning snowflake will be brought out.