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GASL vs. ETF Alternatives

GASL Description

The Direxion Daily Natural Gas Related Bull 3x ETF seeks daily investment results, before fees and expenses, of 300% of the price performance of the ISE Revere Natural Gas IndexTM. There is no guarantee the fund will meet its stated investment objective.
See more details on sponsor's website

Country: United States

Key Info

In Your Portfolio: Energy ETFs, A Guide to Commodity ETFs and ETNs
Asset Class Performance: Commodities

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Monday, May 6, 5:00 AM President Obama has signaled his support for increasing the U.S.'s exports of natural gas, saying that the country will probably be a net seller of LNG by 2020. The Department of Energy is assessing applications for 20 projects to export gas to nations with which the U.S. doesn't have a free trade agreement. Companies that could benefit include Dominion Resources (D), Cheniere Energy (LNG), Oiltanking Partners (OILT), Williams Cos. (WMB), Boardwalk Pipeline Partners (BWP) and Sempra Energy (SRE). Dow Chemical (DOW) and Alcoa (AA) are among those to oppose increased LNG exports, as it could raise their costs. 8 Comments [Energy, Top Stories]
Thursday, August 9, 2012, 8:09 AM Another coal-fired power plant is set to go dark, the Rochester, MN utilities board voting to retire its Silver Lake facility. Cheap natural gas and wind power is making it cheaper to buy power off the regional grid, and there's also the whole clean air thing. (see also) 5 Comments [Energy]
Wednesday, August 8, 2012, 10:01 AM Data for the construction of power generation facilities in H1 paints a stark picture of the ascendance of natural gas, with 3,708 MW gas-fired plants built, 2,367 MW of wind farms developed, and 1,608 MW of coal stations constructed. Gas provides 41.8% of U.S. electricity, coal 29.7%, nuclear 9.2%, water 8.7%, wind 4.3%, geothermal 0.3%, and solar 0.3%. Comment! [Energy]
Friday, July 20, 2012, 2:25 PM Chesapeake Energy (CHK -6.5%) is sliding on heavy volume. Reuters reports the SEC's Texas office has been demanding documents from Chesapeake as part of the agency's probe into the company's deals with CEO Aubrey McClendon. Meanwhile, Baker Hughes (BHI +9.4% - previous) reports the rig count for U.S. natural gas wells has fallen to 518 thanks to weak prices. That figure is down 45% from October's high, and represents a 13-year low. 10 Comments [Energy, On the Move]
Thursday, July 12, 2012, 10:55 AM Natural gas plunges following the small add in inventories last week despite cooling degree days being 50% higher than normal. UNG -3.3%. Producers: APA -2.7%, CHK -3.7%, APC -2.8%. 15 Comments [Energy, Commodities]
Friday, July 6, 2012, 4:49 PM While natural gas futures sold off today (like many other commodities), Henry Hub gas spot prices rose 1%. That helped some natural gas names rally on a down day. CHK +2%. APL +1.8%. OKS +1.2%. EROC +1.2%. 4 Comments [Energy, On the Move]
Tuesday, May 8, 2012, 3:28 PM Natural gas flies higher, moving to $2.43. Chatter is centered around DHS advising that gas pipeline companies have been under cyberattack for several months. UNG +4.1%. Comment! [Commodities, On the Move]
Monday, May 7, 2012, 10:07 AM "You have stretched the rubber band ... as much as you can," says an analyst, not expecting utilities to switch from coal to natural gas much more after coal accounted for just 37% of electricity production in February (46% a year ago). Cheap gas can actually hurt some power producers as it drives down wholesale prices faster than costs. 16 Comments [Energy, Commodities]
Wednesday, May 2, 2012, 9:02 PM Maybe another sign the long slide in natural gas is nearing its end, legendary trader John Arnold is hanging up his spurs after a couple of years of unsatisfactory returns, according to sources. Gas prices dove by a nickel on the news as some believe Arnold's Centaurus Fund will need to unwind positions, while others say his departure just reinforces poor market sentiment. 5 Comments [Energy, Commodities]
Monday, April 30, 2012, 3:19 PM Natural gas is flying higher, +4.7%, perhaps encouraged by the fact that producers are cutting back on drilling. "The Jeff Gundlach trade is having an insanely good day today," writes Joe Weisenthal. The bond man said last week he would like to go long natty/short Apple with 100X leverage. Apple -3.1%. 7 Comments [Energy, Commodities]
Monday, April 30, 2012, 7:38 AM The number of rigs drilling for natural gas in the U.S. falls to 613, the lowest level in 10 years as low prices force producers to cut back. Perhaps anticipating slowed production, gas prices last week pulled back from their free fall. The number of rigs drilling for oil was off a hair, but remains near a 25-year high. Comment! [Energy]
Thursday, April 26, 2012, 12:51 PM Jeff Gundlach stirs things up at the New York Yacht Club, the bond man telling a luncheon if he were master of the universe (isn't he?), he would be short Apple and long natural gas with 100X leverage (prev. on NG). On the Fed: There's no inflation only if you look at house prices and wages, and yesterday "added another dose of confusion" to the mix. 34 Comments
Tuesday, April 17, 2012, 5:18 PM "It's like investing in gold in 1997," says bond man Jeff Gundlach of his favorite investing idea - natural gas - which DoubleLine is accumulating in one of its funds. On the question of QE3, he says we're already doing it - it's called Operation Twist - and when it's over he expects equities to struggle. Stock valuation in general right now? The PE on major indices should be in the single digits. Q&A here. Blog here. 12 Comments [Commodities, Quick Ideas, U.S. Economy]
Wednesday, April 11, 2012, 4:31 PM The nominal price of natural gas dipped below $2 to the lowest price in 10 years, but adjusted for inflation, the price has fallen below its 1994 level. It might be the lowest price ever, suggests Mark Perry, but the EIA's price series only goes back to 1994. 14 Comments [Energy, Commodities]
Wednesday, April 11, 2012, 3:31 PM Canadian lenders are doing their part to slow the glut of natural gas by pulling in loans to producers. "Anybody that's at 50% gas-weighted is in some jeopardy here," says an analyst. Compton Petroleum (CMZPF.PK) plummeted 40% this week after its lenders reduced a facility by $30M to $110M. Comment! [Energy]
Wednesday, April 11, 2012, 2:44 PM Natural gas futures drop below $2 for the first time since Jan. 2002, as weak demand and robust production have sent prices sliding 33% YTD. While the number of working U.S. gas rigs has fallen 27% Y/Y, gas output remains high because most wells produce a mix of oil and gas regardless of classification; high oil prices thus often effectively subsidize the cost of continued gas production. 7 Comments [Commodities]

ltfinger
New Downgrades (4/2/13): $ACIW, $ADT, $ALK, $AOS, $BDC, $CCMP, $CNX, $CRZO, $DRN, $ESI, $FAS, $FET, $FICO, $GASL, $GCO, $GD, $GLD, $GLF
Apr 3, 1:15 AM
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SKS1586
Bought some Tech ($NVDA,$INTC,$EMC,$VMW), Energy ($CJES,$CLNE,$DVN,$GASL), Agriculture ($DBA)
Apr 1, 11:38 AM
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vinyal
Long $GASL for a trade. up 2% already so far from the lows this morning
11/28/12
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Daryl Montgomery
GASL daily chart: Holds breakout, stays abv 200-day MA. MACD turning up. DMI trenline turning up. RSI flat. ow.ly/i/12liW Natural Gas ETF
10/18/12
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Daryl Montgomery
$GASL daily chart: BREAKOUT on 10/17. Price moves above 200-day MA. RSI good. MACD good. DMI OK, but not ideal. http://ow.ly/i/126ZD
10/18/12
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vinyal
Added to FAST GASL
10/11/12
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Daryl Montgomery
New York Investing is following GLD, SLV, GDX, GDXJ, BOIL and GASL in October. Technicals on U.S. stock indices weakening.
10/10/12
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The_American
: On GOLD lease rates as GLD SLV breakout High DIG UCO UNG : on SLW RGLD royalty on PHYS UGLD GDX NUGT GDXJ AG HL GPL GSS DIG DUG GASL REMX
9/28/12
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vinyal
GASL up 11% since yesterdays low
9/27/12
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Toyman317: Working well for me too. Should it be held for tomorrow?
9/27/12
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Toyman317
Sure glad I bought me some GASL yesterday.
9/27/12
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LATEST REPLIES

vinyal
GASL up 11% since yesterdays low
9/27/12
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Toyman317: Working well for me too. Should it be held for tomorrow?
9/27/12
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Rocket Robin
My super overnight cocktail : FAZ, DTO, GASL :)~ And, I'll sleep very tight !
12/19/11
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cheme: Be careful with GASL...traded it before. WILL go down with market as it's NOT a commodity play...this is Nat Gas/Energy companies.
12/19/11
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BROKE001: I reading good things on natural gas 1/2012
1/18/12
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rmw4.0
Im looking at some long term holding for my account and was wondering if anyone knows of a nat gas etf similar to GASL that is a holding
1/17/12
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anonymous#12: If it is for the long term, you need to buy the producer itself.
1/17/12
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BROKE001: I am reading some good things regarding natural gas and fracking drills.
1/18/12
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cheme
Highly confused...GASL vs UNG. Big disconnect. Companies good, commodities bad?
10/5/11
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cheme: Again, please don't reply to any of my posts. You're completely ignorant. GASL comprises many components including stock. I'm done w/you.
10/6/11
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Clayton Rulli: You are funny. Futures don't reflect commodity price movement of current day, nor the equities pertaining to that commodity.
10/6/11
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GASL Direxion Daily Natural Gas Related Bullish 3x ETF

GASL

Direxion Daily Natural Gas Related Bullish 3x ETF