22.65 -0.10 (-0.42%)
Pre-Market: 4:15AM EDT
|Bid||0.00 x 2200|
|Ask||0.00 x 3100|
|Day's Range||22.49 - 22.97|
|52 Week Range||17.74 - 39.87|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.17|
|Expense Ratio (net)||1.28%|
Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that its 50-day moving average is below its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading above its 20-day moving average, thereby offering a near-term 'sell on the pop' opportunity given the longer-term downtrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
A natural gas glut could be brewing in Europe as suppliers are not looking to scale back on deliveries of the commodity anytime soon. As such, natural gas prices could fall to their lowest level in over 10 years. “In September, gas storage sites in northern Europe will be full, increasing the risk of a further downside in prices,” said Niek van Kouteren, a senior trader at PZEM, a Dutch energy company.
With Hurricane Dorian blowing in another direction, natural gas prices and related ETFs find support from favorable weather conditions that could drive increased cooling demand. The United States Natural ...
Natural gas prices and related ETFs continued to burn up as traders braced for possible disruptions to normal supply with Hurricane Dorian expected to intensify and make landfall over Florida. The United ...
Natural gas futures and related ETFs climbed Monday as favorable fundamentals and a threat of supply-side disruption from Tropical Storm Dorian supported the market. The United States Natural Gas Fund (UNG) was among the best performing non-leveraged ETFs of Monday, jumping 3.5%. Meanwhile, Nymex natural gas futures were 3.3% higher to $2.22 per million British thermal units.
Energy has been a volatile sector over the past few years. In 2017 the Goldman Sachs Commodities Index (GSCI) has gained 1.74% through the end of November and the S&P 500 energy stock sector is reporting a loss of -7.
WALNUT CREEK, Calif., Aug. 6, 2019 /PRNewswire/ -- USCF today announced that it has joined the Raymond James IAD ETF No-Transaction-Fee (NTF) platform providing access to all thirteen of their exchange-traded funds and products.
Natural gas-related ETFs led the charge on Wednesday as higher temperatures ahead fuel bets of a “notable jump” in weather-driven demand. The United States Natural Gas Fund (NYSEArca: UNG) was among the ...
Natural gas futures-related exchange traded funds were leading the pack on Friday as Tropical Storm Barry blows over the Gulf Coast. The United States Natural Gas Fund (NYSEArca: UNG) was among the best ...
Natural gas futures and related exchange trades were on fire Friday as a notable shift in the weather pattern, along with short sellers caught out of position, helped push prices higher. Meanwhile, Nymex natural gas futures were 6.3% higher to $2.44 per million British thermal units. Consequently, the nation’s strongest demand will be across the Southeast and Mid-Atlantic Coast as highs reach the mid-90s.
Most corners of ETF investing have performed exceptionally well while a few areas are lagging. Below, we have highlighted the best and worst zones of the first half and their ETFs.
On June 26, the natural gas futures for August 2019 closed at a discount of ~$0.23 to the August 2020 futures. On June 18, the futures spread was at a discount of $0.24.
Oversupply concerns are weighing on natural gas ETFs. And possibilities of normal weather are likely to keep those ETFs under pressure in the medium term.
Natural gas futures and related ETFs surged Monday as hotter weather conditions helped stoke the electricity demand outlook for air cooling in more sweltering areas of the U.S. Meanwhile, Nymex natural gas futures were 5.4% higher to $2.31 per million British thermal units. Bespoke Weather Services shifted its forecast to project a hotter first week of July, but the firm warned that trends in its weather models were mixed over the weekend, Natural Gas Intelligence reports.
The largest refinery in the east coast suffered an explosion Friday morning, which prompted a move higher in gas future prices . What Happened Philadelphia Energy Solutions is a 1,300-acre complex with ...
On June 20, natural gas’s implied volatility was 34.7%—18.8% above its 15-day moving average. The implied volatility has risen ~20.1% in the trailing week, while active futures have fallen 6.7%.
As of June 18, the natural gas futures contracts for delivery between July and September were priced in descending order. On June 11–18, natural gas July futures fell 3%, UNG fell 3.1%, and BOIL fell 6.7%.
Apple prices in China are up almost 30%, detracting from its consumption for the commodity, according to the latest data from grocery delivery platform Dada-JD Daojia. This latest development could put ...
The United States Natural Gas Fund (UNG) is down almost 10% this month and is saddled with a second-quarter loss of more than 17%. Some market observers believe the commodity will continue struggling over the near-term. Last year, natural gas consumption soared.
Will Rise in Natural Gas Prices Continue?(Continued from Prior Part)Forward curve might benefit ETFsAs of June 11, the natural gas futures contracts for delivery between July and September were priced in descending order, a positive development for