Thursday’s ETF To Watch: United States Natural Gas Fund (UNG)

By: ETFdb
Thus far, we are off to our worst week of the year, as uncertainty surrounding Greece led to a massive sell-off during Tuesday’s session. Though we have the opportunity to make up lost ground, it will have to come in the form of important economic data that has the chance to turn sour, and steepen losses on the week. Friday will see U.S. non-farm payrolls as well as unemployment figures. While that data has been encouraging in the past few months, a miss could be devastating given the recent volatility in the markets. But when it comes to today’s session, there will be another data report that will also be important to watch, though its impact will likely be limited to one asset class; natural gas [see also 25 Ways To Invest In Natural Gas]. Natural gas has been one of the worst performing commodities over the past few years, [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: DBB Gains On Data, UNG Sinks On Supply Daily ETF Roundup: GDX Jumps With Gold, UNG Sinks With Oil Daily ETF Roundup: XHB Jumps On Data, UNG Turns Sour Seven Surprising ETF Performance Comparisons Daily ETF Roundup: UNG Surges On Production Cuts, GDX Slips On Gold’s Weakness
Thus far, we are off to our worst week of the year, as uncertainty surrounding Greece led to a massive sell-off during Tuesday’s session. Though we have the opportunity to make up lost ground, it will have to come in the form of important economic data that has the chance to turn sour, and steepen losses on the week. Friday will see U.S. non-farm payrolls as well as unemployment figures. While that data has been encouraging in the past few months, a miss could be devastating given the recent volatility in the markets. But when it comes to today’s session, there will be another data report that will also be important to watch, though its impact will likely be limited to one asset class; natural gas [see also 25 Ways To Invest In Natural Gas]. Natural gas has been one of the worst performing commodities over the past few years, [...]

Click here to read the original article on ETFdb.com.

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