Natural gas price has been surging lately on hot weather forecast for the summer season.
Wall Street was muted last week with the S&P 500 gaining 0.02% but the Dow Jones, the Nasdaq Composite and the Russell 2000 showing a downtrend.
The S&P 500, the Dow Jones, the Nasdaq Composite and the Russell 2000 ??? all were in green last week.
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Inside the top-performing leveraged/inverse ETFs of the last week.
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Wall Street gave a subdued performance last week. The S&P 500, the Dow Jones and the Nasdaq lost about 2.3%, 1.8% and 3.3%, respectively, past week.
Wall Street performed decently last week with the S&P 500, the Dow Jones and the Nasdaq Composite adding about 2.5%, 3.8% and 2.5%, respectively.
An intense hot weather will spur cooling demand in homes and business, and ease pressure on storage injection levels, bolstering natural gas prices.
Natural gas ETFs are riding high on weather concerns and EIA report. But the rally is less likely to last.
Natural gas prices rally on expectations of colder weather. Play these ETFs with a near-term outlook to tap the trend.
These leveraged ETFs posted solid gains last week.
Natural gas prices were steady last week on a spate of tailwinds. Bullish investors can tap the trend with these ETFs and ETNs.