Don't Ignore This Chart!

Natural Gas ETF Leads as Metals ETFs Lag


The Natural Gas ETF (UNG) is on a tear with a 15+ percent gain since October 30th. The PerfChart below shows UNG with nine other commodity-related ETFs. The eight metal-related ETFs are down with the Gold SPDR (GLD) and Silver Trust (SLV) leading the way lower. The US Oil Fund (USO) is up a fraction. NatGas is the clear leader as the weather turns colder.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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