U.S. Gasoline Fund ETF

UGA-N

NYSEARCA:UGA

16.26
0.12 (0.74%)

Analysis and Opinions about UGA-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
April 1, 2020
Gasoline futures ETF? Generally speaking, about half the demand for oi (excluding aviation and road transport) is consumer driven. He would not be buying into this presently. He would prefer to look for good quality individual companies rather than broad baskets like these.
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Gasoline futures ETF? Generally speaking, about half the demand for oi (excluding aviation and road transport) is consumer driven. He would not be buying into this presently. He would prefer to look for good quality individual companies rather than broad baskets like these.
PAST TOP PICK
PAST TOP PICK
February 12, 2014

(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.

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(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.

PAST TOP PICK
PAST TOP PICK
February 20, 2013

(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.

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(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.

TOP PICK
TOP PICK
February 20, 2013

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.

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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.

PAST TOP PICK
PAST TOP PICK
January 16, 2013

(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.

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(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.

PAST TOP PICK
PAST TOP PICK
May 11, 2012
(Top Pick Mar 2/12, Down 6.46%) Normally gasoline does well from end of January until Memorial day weekend. It started off really well until the first week in April, then started to under perform. Seasonality ended a little earlier than usual.
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(Top Pick Mar 2/12, Down 6.46%) Normally gasoline does well from end of January until Memorial day weekend. It started off really well until the first week in April, then started to under perform. Seasonality ended a little earlier than usual.
TOP PICK
TOP PICK
March 2, 2012
U.S. Gasoline Fund ETF. The period of seasonal strength is from the middle of February until the end of May. (Summer driving season.) Average gains for the last 10 periods have been 24.8%. This is a good year in particular because there has been a shutdown of major capacity for US gasoline production. There has just been a peaking of gasoline inventory levels in the last few days. (Expecting Ontario gasoline to reach $1.47 by the end of the May.)
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U.S. Gasoline Fund ETF. The period of seasonal strength is from the middle of February until the end of May. (Summer driving season.) Average gains for the last 10 periods have been 24.8%. This is a good year in particular because there has been a shutdown of major capacity for US gasoline production. There has just been a peaking of gasoline inventory levels in the last few days. (Expecting Ontario gasoline to reach $1.47 by the end of the May.)
TOP PICK
TOP PICK
January 27, 2011
From the end of January to the end of April the trades worked for 9 out of the last 10 periods. Average returns 22.6%. Refiners are changing over from making heating oil to gasoline. Also doing inventory. That’s the period gasoline inventories start to come down. (Hasn’t bought yet. Waiting for the market to start correcting.)
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From the end of January to the end of April the trades worked for 9 out of the last 10 periods. Average returns 22.6%. Refiners are changing over from making heating oil to gasoline. Also doing inventory. That’s the period gasoline inventories start to come down. (Hasn’t bought yet. Waiting for the market to start correcting.)
BUY
BUY
March 25, 2009
US gasoline. Longer-term prospects are good. In the near term you might get some backing and filling. It's a decent position to be in.
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US gasoline. Longer-term prospects are good. In the near term you might get some backing and filling. It's a decent position to be in.
COMMENT
COMMENT
May 9, 2008
The big thing with seasonality is that you buy before the seasonal impact takes place. Technically, the chart looks very good but on seasonality, he is expecting there will be some weakness. The one thing not factored in, will people be making adjustments on their driving habits this year. Would start getting out of this position now.
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The big thing with seasonality is that you buy before the seasonal impact takes place. Technically, the chart looks very good but on seasonality, he is expecting there will be some weakness. The one thing not factored in, will people be making adjustments on their driving habits this year. Would start getting out of this position now.
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U.S. Gasoline Fund ETF(UGA-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for U.S. Gasoline Fund ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

U.S. Gasoline Fund ETF(UGA-N) Frequently Asked Questions

What is U.S. Gasoline Fund ETF stock symbol?

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

Is U.S. Gasoline Fund ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about UGA-N. 0 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for U.S. Gasoline Fund ETF.

Is U.S. Gasoline Fund ETF a good investment or a top pick?

U.S. Gasoline Fund ETF was recommended as a Top Pick by Brett Girard, CPA, CA, CFA on 2020-04-01. Read the latest stock experts ratings for U.S. Gasoline Fund ETF.

Why is U.S. Gasoline Fund ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is U.S. Gasoline Fund ETF worth watching?

1 stock analyst on Stockchase covered U.S. Gasoline Fund ETF In the last year. It is a trending stock that is worth watching.

What is U.S. Gasoline Fund ETF stock price?

On 2020-05-28, U.S. Gasoline Fund ETF (UGA-N) stock closed at a price of $16.26.