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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZF

HNUs investment objective, 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 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains or losses as a result of HNUs investment are hedged back to the Canadian dollar to the best of its ability. The Fund To be successful in meeting its investment objective during the period, HNUs net asset value should have gained up to two times as much on a given day, on a percentage basis, as its Underlying Index rose on that given day. Conversely, HNUs net asset value should have lost up to two times as much on a given day, on a percentage basis, as its Underlying Index declined on that given day.


TSX:HNU - Post by User

Comment by mtvrdonon Dec 15, 2017 1:28pm
90 Views
Post# 27166381

RE:RE:RE:RE:RE:am i on the wrong planet

RE:RE:RE:RE:RE:am i on the wrong planetSo I went to accuweather for NY city and the Dec 15 to Dec 21 reporting period looks like it has 3 days colder than historical average temps, 2 days at average, one day slightly above average and one day with a 51 degree high.  

I threw the numbers into a spreadsheet: 
Forecast high averaged: 40.3 deg F
Historical high: 42.2 deg F

Forecast low averaged: 32.4 deg F
Historical low: 31.3 deg F

So basically, for the coming week as a whole, in spite of a couple of warm days, averages highs are below historical levels and average lows are slightly higher than historic.   With the last two years well above historic averages, it is still going to be quite cold.   The last week has been significantly colder in NY and pretty much across the continent and those temps are what next week's draw will be based on.   Should be a big draw reported next week and a smaller but bigger than last year draw for the following week.   Temps are then forecast to warm slightly around Christmas and head cooler end of the month.   This is not the case everywhere, however, on average it looks like consumption for heating should be pretty solid throughout Dec. 

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