3 Commodity ETFs with High Probability of Near-Term Success [View article]
This is not a good time to be buying UNG if you are hoping for a significant short-term pop, for all of the very good reasons discussed above.
This is, however, a good time to be accumulating a position in natural gas for longer-term portfolios, as current price levels are simply not sustainable over the next 2-3 years and a significant rise is inevitable.
With so many stocks hitting fully-valued levels, there aren't too many easy opportunities left. One could do a lot worse than to put some of those recent profits into UNG as a longer-term play.
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This is not a good time to be buying UNG if you are hoping for a significant short-term pop, for all of the very good reasons discussed above.
Jun 13 07:27 am
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All Comments by jacflash »3 Commodity ETFs with High Probability of Near-Term Success [View article]
This is, however, a good time to be accumulating a position in natural gas for longer-term portfolios, as current price levels are simply not sustainable over the next 2-3 years and a significant rise is inevitable.
With so many stocks hitting fully-valued levels, there aren't too many easy opportunities left. One could do a lot worse than to put some of those recent profits into UNG as a longer-term play.