(A Top Pick Feb 20/13. Down 8.24%.) This has one of the strongest seasonal patterns that is available in markets. It is from the end of January until the big weekend in May in the US. On average, the price of gasoline goes up 20%. He is predicting that the price of gasoline, based on what has happened in the past and where we are going this year, will be $1.50 per litre in Toronto by May. Demand is there and the chart is positive. This particular trade has worked 14 out of the last 15 periods. This is a Buy right now.
(A Top Pick March 2/12. Up 13.85%.) This is a great one for a retail investor but for the size of fund that he runs, it is too small. This seasonal trade has been very consistent over the years.
Tracks the price of gasoline and consists of a futures contract plus a short-term note. He is looking for the price of gasoline in southern Ontario to go from around $1.32 up to $1.54 by early this summer. Some US refiners have shut down permanently as well as other refiners that are not coming up as expected this time of year.
(A Top Pick March 2/12. Up 1.91%.) (Note: His Picks are never on a 52-week basis but on a short-term seasonal basis. However all 3 of his picks failed as seasonal trades. He liquidated all 3 around the beginning of April when the technicals started to turn negative.
U.S. Gasoline Fund ETF is a American stock, trading under the symbol UGA-N on the NYSE Arca (UGA). It is usually referred to as AMEX:UGA or UGA-N
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U.S. Gasoline Fund ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for U.S. Gasoline Fund ETF.
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0 stock analysts on Stockchase covered U.S. Gasoline Fund ETF In the last year. It is a trending stock that is worth watching.
On 2024-12-06, U.S. Gasoline Fund ETF (UGA-N) stock closed at a price of $59.88.