More on the Dangers of Leveraged ETFs [View article]
the referenced ETFs, DUG, UNG and USO are not leveraged, i believe , since they are meant to track variatiions in Oill and Nat Gas on a 1 :1 basis.How can they be? Are the references in the title erroneous? Am I wrong?
Commodities Meltdown as Dollar Surges [View article]
to bowman 711: you make a lot of sense ; people get a false sense of security just before the election, benchmarks soar for a while, then a reversion to a sinking dollar and higher comm prices may take over , maybe even before years end...
Breaking Up with ETFs is Hard To Do [View article]
UNG has to be a bargain at these levels. Of course I bought in a lot higher not realizing the slowdown would hit all/most energy equities . I feel the same way about KOL, the coal company tracking ETF (Stowe index)
Im in the same boat as you, Gary. After poring over the prospectus for UNG, I invested anyway because I wanted a position in NG. The tracking of the commodity itself, as you duly noted, has been horrible. I hope the contango and backwardation do balance over time, however, and I really only see upward pressure on prices , especially going into the winter.
More on the Dangers of Leveraged ETFs [View article]
Obama 'Shines' Natural Gas [View article]
Natural Gas Continues to Head Lower [View article]
And/or Oil Will Grind Higher..
Ratios tell us nothing concrete about absolute values.
Commodities Meltdown as Dollar Surges [View article]
Breaking Up with ETFs is Hard To Do [View article]
Natural Gas Fund Is Flaming Out [View article]
The Death of Natural Gas [View article]