Contango is dead until June 2011. UNG is free of it until mid 2011:
Today UNG is up +3.2%. HNU s up by 7.20%.
Wednesday, December 8, 2010
Natural Gas Keeps Rocketing Higher; UNG To Benefit At Rollover Next Week
January contracts of natural gas moved higher today. Remember that UNG will be rolling over contracts next week. The difference is that this time there is no contango. UNG will actually own more contracts after rollover.
Contango is dead until June 2011. UNG is free of it until mid 2011:
Today UNG is up +3.2%. HNU s up by 7.20%.
Contango is dead until June 2011. UNG is free of it until mid 2011:
Today UNG is up +3.2%. HNU s up by 7.20%.
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