U.S. stocks recorded good gains last week with shipping and metal mining sectors taking top spots.
Natural gas spiked more than 10% to its highest in over a week on Dec 13 and will likely rise further on forecasts of colder-than-normal weather.
Natural gas seems to gain traction in the weeks ahead. The dual tailwinds of supply disruptions and cooling demand will act as major catalysts.
The commodity is poised to surge further as a fire broke out at a key U.S. export hub in Texas. Shipments from the terminal could be affected for three months.
Stocks nosedived sharply on Jun 9 as investors awaited U.S. inflation data. Still, these ETF areas recorded decent gains.
Investors could easily tap the soaring natural gas price with ETFs that deal directly in the futures market. These funds also soared to new highs in many years.
Wall Street continued to remain downbeat last week all every index seeing massive loses.
Though Wall Street was downbeat last week, some ETF areas like natural gas, uranium mining, China real estate, wheat and ETFs that offer protection against rising rates rose handsomely.
Natural gas futures spiked to a fresh 13-year high on tight supply conditions, adverse weather conditions and declining inventories. Investors could easily tap the soaring natural gas price with ETFs that...