Time to Go Long?
With the affected areas in the grips of the polar vortex, it might be time for investors to consider taking a closer look at natural gas. Investors should, however, consider the risks given the volatile swings associated with natural gas prices.
“In every column I have written about natural gas for Forbes I have referred to the natgas futures contract’s legendary status among energy traders,” wrote Jim Collins of Forbes. “Yes, as I have mentioned before, the natgas contract is known as “the widowmaker” owing to its extraordinary volatility.”
Speaking to the volatile nature of natural gas, UNG soared past its 200-day moving average in December before it fell below that level to begin 2019.
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