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Category Archives: UNG

Bizarre Mismatch Between UNG and GAZ

There may be new CFTC rules in the works.  These rules would limit how much of a stock could be owned, if that stock was directly based on an energy commodity. One obvious possibility is that some ETFs could simply shut down.  But at least one, UNG, seems to be trying to dodge the sting [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XME, XLE, USO, UNG, DBA

During the short week before the 4th of July, the market took a big loss on Wednesday, and that was enough to keep the market in the red, although the market tried to gain some grounds on Thursday. The Dow finished the week down 57.97 points; SPX lost 15.48 points; Nasdaq tumbled 70.25 points. Let’s [...]

Market Forecast for Week of 3/31: SPX, Nasdaq, UNG, PBW, XME, FXI

The market tried to rally early last week, but, was again held back by the financials. The 3 days of continuous slide in the financials sector brought the market’s rally to a halt, although we did see strength in pockets of different areas. SPX SPX fell 10.54 points to close at 1315.22. It closed at [...]

$1000 Gold! SPX, Nasdaq, AEM, LDK, UNG, UPL, APA, ECA, SWN

I have been talking about gold A LOT lately. Yesterday, I mentioned that GLD and SLV are rising again and we may see $1000 gold. And, here it is! Gold reached $1001/50/ounce today, but, closed under $1000. It does seem that gold is going higher, though. The market was weak at the open, testing the [...]

Market Forecast for Week of 2/25: SPX, Nasdaq, GLD, XME, UNG, MOO, INX2

It’s Oscar Night!! Congrats to all the winners! Of course, being a person who has done visual effects and animated films, I paid special attention to those categories. I haven’t gotten a chance to see “The Golden Compass”, the winner of Best Visual Effects, yet; but, I did get to see “Ratatouille”. Hats off to [...]