ProShares Ultra Bloomberg Natural Gas (BOIL)
|Day's Range||74.38 - 85.00|
|Inception Date||Oct 4, 2011|
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the performance of the Bloomberg Natural Gas SubindexSM for a single day. The fund seeks to meet their investment objectives by investing normally in Natural Gas futures contracts. It may also invest in swaps if the market for a specific futures contract experiences emergencies (e.g., natural disaster, terrorist attack, or an act of God) or disruptions (e.g., a trading halt or a flash crash) or in situations where the Sponsor deems it impractical or inadvisable to buy or sell futures contracts (such as during periods of market volatility or illiquidity).
Wall Street saw a bloodbath last week on concerns over Delta variant of COVID-19 and the Fed taper talks.
Like in most winters, natural gas prices started receiving warmth from the chills as well as supply shortage this year.
Natural gas futures rallied to their highest level since late 2018 on Aug 26 driven by hurricane threats and tightening supplies.
Reddit penny stocks continue to be a hot topic among investors looking to take out investments in companies without having to break the bank. The post 5 Reddit Penny Stocks Seeing the Most Chatter Thurs...
According to the Energy Information Administration, natural gas supplies are eroding quickly due to high demand. Insights via @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html...
CNBC's Scott Wapner discusses how to trade natural gas futures with Scott Nations of Nations Indexes.
U.S. Energy Secretary Dan Brouillette says it's a very exciting time to be in the natural-gas business and sees a bright future for coal. He speaks with Bloomberg’s David Westin on “Balance of Power.”
Value investing icon Warren Buffett has been fairly quiet during the coronavirus pandemic, but the Berkshire Hathaway CEO pulled the trigger on a $10 billion deal to purchase the natural gas transmissio...
By Oleum Research Despite higher natural gas demand, BOIL prices remain subdued, because of ample U.S. gas reserves and historic high production.
Natural gas ETFs are riding high on weather concerns and EIA report. But the rally is less likely to last.