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Mike Philbrick HBP NYMEX Nat'l Gas Bull+ HNU-T RISKY Jan 26, 2024

Complicated product that are not meant for average investor. Must be watched daily. Not a linear response to natural gas prices. Would not recommend for the long term investor. High volatility.

Mike Philbrick

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DON'T BUY

A Levearge ETF. He advised to steer clear of these kinds of investment. They are trading vehicles the are intended to be watched daily. D

DON'T BUY

It is a leveraged natural gas ETF. It could be a good trade if you are well-versed in it, but you should not hold it long term at all. It is a tool for short term speculation.

DON'T BUY

Over long periods of gas, there will be a natural decay in net asset value. Short term trading could pay off. Buy high and sell low. Natural gases are doing well right now, but he would prefer to play it through ETFs and equity exposure. Natural gas is a relative winner in the next few years. There has been significant under investments.

DON'T BUY

As the price natural gas rises The only problem is that HNU is leveraged. He doesn't like anything that is leveraged.

PARTIAL BUY

Leverage play for natural gas. Clearly getting a breakout in the short term. Thinks oil is capped out and natural gas should trade relative to oil. Can see front month natural gas contracts going for $5. Forward pricing looks like there is room into next year to move further up. An okay way to do it if you can handle leverage. Not for a long term buy and hold.

HOLD

Levered product is tricky and risky. Hard to predict future price of natural gas. Is a good short term trading product.

DON'T BUY

More of a short-term trading instrument. Definitely don't just park money in it, money gets lost in it every time there's a move. Instead, play via a TOU or even some of the US pure-play nat gas producers.

DON'T BUY

It's leveraged. Don't buy it.

TRADE

You only want to use this as a short-term vehicle for a seasonal trade. Not a buy-and-hold.

Disclosure: He works for Global X (formerly Horizons).

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Mike Philbrick HBP NYMEX Nat'l Gas Bull+ HNU-T RISKY Jan 26, 2024

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