Posted by spurlockrj on 17th of Feb 2012 at 11:11 am
coolhat
Here is one ETF (FCG) that tracks companies that derive a
significant portion of their revenues from the exploration and
production of natural gas. This is not a pure play on natural gas
companies but has that focus.
Posted by parkridge77 on 17th of Feb 2012 at 10:59 am
Gassers have really bounced here already from what I'm seeing--
COG, SWN,RRC, DVN even the much unloved CHK even off the
20.41 hit 24s here-- will be interested to see what the
charts are telling you Matt if more room to run on this break
out
no, but I agree, natgas stocks are beating down and should
bounce ahead of the commodity, which of course they appear to be
doing mostly. I'll probably look at the individual stock this
weekend for the commodity newsletter
otherwise UNG broke out of that tight triangle pattern, and
there is a gap to fill on the 60 min
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Nat Gas
Posted by coolhat on 17th of Feb 2012 at 10:50 am
anyone know a good etf for Nat Gas STOCKS?
Thanks.
Natural Gas Equity Index ETF -> FCG
Posted by spurlockrj on 17th of Feb 2012 at 11:11 am
coolhat
Here is one ETF (FCG) that tracks companies that derive a significant portion of their revenues from the exploration and production of natural gas. This is not a pure play on natural gas companies but has that focus.
Here's the fact sheet:
http://www.ftportfolios.com/Common/ContentFileLoader.aspx?ContentGUID=2b2b3ee8-b9d8-4443-bf29-768906f9d528
Jack
No etfs- but DVN trade
Posted by parkridge77 on 17th of Feb 2012 at 10:54 am
No etfs- but DVN trade idea-- gasser-- - 10 pts. since 2/9 - b/o 66+ & hit 76s here today - one to track on pullbacks-- along with RRC for me-
Gassers have really bounced here
Posted by parkridge77 on 17th of Feb 2012 at 10:59 am
Gassers have really bounced here already from what I'm seeing-- COG, SWN,RRC, DVN even the much unloved CHK even off the 20.41 hit 24s here-- will be interested to see what the charts are telling you Matt if more room to run on this break out
DVN is over 4 standard deviations above its 50D MA
Posted by lessarda on 17th of Feb 2012 at 11:09 am
that's how extended gas stocks are getting - some mean reversion would be good for entries
no, but I agree, natgas
Posted by matt on 17th of Feb 2012 at 10:54 am
no, but I agree, natgas stocks are beating down and should bounce ahead of the commodity, which of course they appear to be doing mostly. I'll probably look at the individual stock this weekend for the commodity newsletter
otherwise UNG broke out of that tight triangle pattern, and there is a gap to fill on the 60 min