“Some early cold in November notwithstanding, winter weather just hasn’t played out in the bulls’ favor,” added Katherine Spector, a commodities strategist at CIBC World Markets, in the Bloomberg article. “It’s late in the game for a truly bullish end-season storage scenario to materialize.” [Natural Gas ETF Tumbles on Warmer Weather Forecasts]
Leveraged and inverse ETFs for natural gas seeing big moves on Thursday included VelocityShares 3x Inverse Natural Gas (NYSEArca: DGAZ), ProShares UltraShort DJ-UBS Natural Gas (NYSEArca: KOLD), VelocityShares 3x Long Natural Gas (NYSEArca: UGAZ) and ProShares Ultra DJ-UBS Natural Gas (NYSEArca: BOIL).
U.S. Natural Gas Fund
