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Opinions Larry Berman CFA, CMT, CTA
VelocityShares 3x Long Natural GasUGAZDON'T BUYJun 29, 2015
Larry Berman CFA, CMT, CTAUnknown
$2.09
Stock price when the opinion was issued
$0.07
As of Oct 31, 2023. Market Open.
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
A triple leverage on Nat Gas to the upside. You are trading the front month futures in these leveraged natural gas ETFs. These are not good for long term holds. There is not a lot of steepness in the gas price futures curve. Hurricane activity is likely to be high this fall and that could disrupt supply. Investors need to be cautious with triple levered ETFs.