Why UNG Is Up 15% Today
Natural gas has been one of the most difficult investments to predict through out 2012, as it started off the year on a horrific note. Though the commodity was able to gain steam in recent sessions, it has yet to establish any kind of meaningful trend upwards, as prices still remain depressed from a historical standpoint. One of the most popular ways for traders to access natural gas futures is by utilizing the United States Natural Gas Fund ( UNG ), one of the most popular ETFs in the world. The fund has just over $900 million in assets and trades nearly 10 million times each day, but this ETF made a huge buzz during trading today, as posted massive gains [see als0 25 Ways To Invest In Natural Gas ]. See the full story here →
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