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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

Post by manxcanon Feb 11, 2019 5:44am
37 Views
Post# 29345568

Friday to Mon U Trade

Friday to Mon U TradeGood Monday premarket up 8.5% and taking off portions here and good chance I Exit before 9:30 NYSE market open.  The storage w/d and storage by region behind us, the UGAZ buy as posted on Friday was based mainly on current weather and forward forecast which supported a probable higher NG demand in upper 48 regions. Took a while Friday for NG futures to show uptrend supporting early post to buy. 

Congrats and nice win to U holders that took the Friday trade entry right through the weekend. D always in focus as I am very flexible to trade U or D. Just as always stated reduce if you are too early and on wrong side of NG. D will again due to volatility bring a trade for 8% or more intraweek off EIA reports. 

Cheers Manx
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