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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 Jan 02, 2018 12:03pm
57 Views
Post# 27262049

RE:RE:RE:RE:Pump and dump in play, such a pond, be careful, glad to be

RE:RE:RE:RE:Pump and dump in play, such a pond, be careful, glad to be I think it's actually the next three reports and beyond that it looks promising too. 

Dec 25 (reported this week)-- projected at least 100 BCF above 5 year average
Jan 4 (reported Jan 11) -- weather has been far colder than both 5 year and 30 year average in much of the US and Canada, draw likely larger than Dec 25
Jan 11 -- Frigid weather through most of this as well with Jan 8/9 expected to be in the average range and everything else well below

... and weather into mid Jan is forecast to be dropping below average again on the east coast and midwest.

The cold extends to other areas as well with Texas, NC and west coast at below seasonal temps.   There are a few areas a bit warmer than average such as Colorado.   However, overall the next two weeks (at least) look like they'll have high heating consumption.   I think we'll be under the 5 year average storage on next report and will stay there a good while.

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