The Gasoline ETF Faces More Downside
November 18, 2015 at 08:00 AM EST
The United States Gasoline Fund (NYSEArca: UGA) has tumbled more than 17% over the past 90 days and the exchange traded fund’s decline does not appear poised to end there. ETFs, like UGA, that track front month contracts benefit from backwardation as they roll front month contracts to avoid...