Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nice to see my account now even and climbing. The run has just begun imo.
I'm in south florida and it's been hot all winter. We are pumping out ac like crazy now. Summer should be stupid hot!
Just trying to show peeps average decay over a year is Apprx 3 to 4 percent a month.
UGAZ may lose 2 percent or 10 percent a month depending on conditions. But 3x ETFs such as UGAZ see losses equal to the contango multiplied by 3, meaning that some months may see as much as a 10% degradation in value of the fund and 40-50% over the course of a typical year. On the other hand, ETFs whose underlying futures trade with a nearly flat futures strip (or, rarely, in backwardation) will see minimal rollover losses on a monthly basis. Such funds include silver, gold, and occasionally oil.
And yes, I'm holding over weekend.
Lol, I hear ya. I waited 6 months to reenter this. Hope it pays off for me as well as others
This move looks more solid than the other head fakes up in recent past. Let's sustain gains and bottom is in.
Pushing north now boys and girls! Bottom we may have witnessed this morning. Hope so!
Bottom finally in?
Oh, I totally agree. I'm holding everything just mad I timed it a little off, but such is life. It will go up soon.
Or is there no bottom? Black hole maybe? Lol
Dude, you think bottom is near? Do you think NG break of 1.60 today?
Surprised myself. .....
No resistance till 2.40. Analysts calling for support today to hit. Also calling for trading range between $1.50 to 2.00 trading range. We shall see ;)
RS means absolutely nothing here.... nothing. Anyone that posts such a thing about an RS wiping out SH knows nothing about this vehicle. You wanna talk about decay, fine.
22,000,000 shares look to be bought AH. Bigly!
Holding 100k shares. Avg just under 80 cents. Gotta turn soon. Down a pretty penny but still confident.
Looking much better! Bottom may be in!
Starting to push North pre report. Did we witness NG low today?
Who thinks we get a jump at 1030? Who thinks we fall off another cliff?
I'm still shocked we are this low with exports and production costs of most drillers. Gotta start uptrend soon imo
Looking for an awesome day today...... anything better than a -10% is appreciated ;)
Just hard to believe NG is less for a gallon that 32 ounces of water at my local gas station.
It is crazy. My 80s aren't looking to good. I don't think I've ever seen anything like it.
Well I'm done buying. Bought another 30k this morning for even 100k shares. Avg just under 80 cents. Hope we start moving north soon.
I have some sell orders in around the $1.20 range. May get there sooner than I thought.
Can't hold this for a year but a month is fine imo. I think we will spike over 2 soon for NG and that is when I'll dump.
NG may get over $2.00 in next week or so with product cut imo.
Natural gas producers are cutting output in US.
First off this stock can RS a hundred times and really doesn't matter. All that matters here is price of NG and the decay over time. When NG bottoms this will bottom. Day traders can sell whatever they want into this but it won't effect it because it NG that effects this.
Took another 5k... up to 70k now. If it got to mid low 70s I'll go in another 30k for even 100k.
NG fighting hard to move north
Went down below the $1.70s for just a brief time...... wonder if it will start moving up now since it almost DBd.
Pretty crazy. Especially after we just started exports. I'm still confident with my .85 average but a little depressing......
Wow, look at it fall. Double bottom then rise or does it blow past previous low? Amazing.
Not concerned with gap down. By open tomorrow we should be even or less than 1 percent either way imo.