Natural Gas Index Fund (FCG) Holds Support: Time To Buy?
Posted on November 14, 2012 at 09:00 AM EST
This week is riddled with more headwinds for equity markets as looming “fiscal cliff” woes and eurozone debt drama are colliding, prompting speculation that a “Perfect Storm” may already be developing on Wall Street. Profit-taking pressures will likely remain a dominant theme on the domestic equity front as policymakers look to avert the much-feared automatic trigger of tax-hikes; however, despite boasting a safe haven reputation, precious metals continue to drift sideways, offering little to no protection from looming uncertainties in recent trading sessions [for more economic news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: How Well Does UNG Track Natural Gas? Three ETFs To Play Natural Gas Not Named UNG 3 ETFs For The Natural Gas Recovery How to Build an Energy Bull ETF Portfolio Why You Should Sell UNG, Buy FCG