EconMatters

About the Author EconMatters

EconMatters does research, analysis, and writes articles devoted to the discussion of important economic and market specific issues relevant to our readers and global strategic investing.

VelocityShares 3X Long Natural Gas ETN (UGAZ): Technicals and Fundamentals of the Natural Gas Market

We discuss the fundamentals and technicals of the natural gas market in this video. A very mild winter with a year end run up in natural gas prices has led to quite the position unwind in this commodity. We have more Natural Gas Rigs than a year ago which could bring more future NatGas supply to market. Natural Gas bulls better hope for a very hot summer with air conditioners running at peak demand levels. Gotta love the Natural Gas Market; one of the few markets left that react to fundamental news, and not phony QE artificiality!