Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

BetaPro Natural Gas Inverse Lever Daily Bear ETF T.HND

Alternate Symbol(s):  HBNNF

HND's investment objective was changed after gaining approval at a meeting of shareholders on August 20, 2020 and the name of the ETF was changed to the BetaPro Natural Gas Inverse Leveraged Daily Bear ETF. HNDs new investment objective, which became effective at the close of business on August 27, 2020, is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the inverse (opposite) of the daily performance of the Horizons Natural Gas Rolling Futures Index (the Underlying Index, Bloomberg ticker: CMDYNGER). HND is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment are hedged back to the Canadian dollar to the best of its ability.


TSX:HND - Post by User

Comment by 2cheakyon Jul 30, 2014 2:29pm
131 Views
Post# 22795311

RE:RE:forecast estimates

RE:RE:forecast estimatesMid Day Update:  The latest operational GFS model has just come in and it is very consistent with the pattern through next week but then holds the ridge slightly stronger than previous runs over the northern US during the second week of August.  This would result in slightly warmer temperatures. The pattern is still looking to be a very sloppy one with numerous weather systems traversing the US with showers, thunderstorms, and pockets of cooler than normal temperatures.  But as we have been saying, it continues to look like a much warmer overall US pattern, especially over Texas and the high demand states of the Southeast. There will still be chilly Canadian air lurking just across the border and will likely test the ridge at some point in mid-August.  Bearish weather headwinds should remain strong into early next week and then ease as 90s and 100s become more widespread over the southern US, with mid and upper 80s into the northern US apart from areas affecting by showers and storms. This week's cool blast and southern Plains rainstorm will bring another much larger than normal build for next week after what is expected to be around a 90-93 Bcf build for tomorrow.  Yesterday's late day spike seems like a late day exit from August positions as prices have returned right back to key support at $3.75.  At seems at some point it will take this out if it flirts with it long enough.
Bullboard Posts