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re: BOIL has become predictable
Posted on 1/26/15 at 1:18 pm to jlu03
Posted on 1/26/15 at 1:18 pm to jlu03
isn't UGAZ an ETN based on natural gas futures? If it is, the weather this week should have no impact of the NG futures or the price of UGAZ.
Now, with that said, the weather will have an impact to investor sentiment, so if the price jumps, that's just because people think it's worth more than it really is.
Am I totaly wrong on this?
Now, with that said, the weather will have an impact to investor sentiment, so if the price jumps, that's just because people think it's worth more than it really is.
Am I totaly wrong on this?
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