Breaking News
Get 45% Off 0
Investors lost 37% by missing this ONE signal 😵
Read now

Natural Gas And Energy: 2 ETFs To Watch On Outsized Volume

By Zacks Investment ResearchStock MarketsNov 14, 2018 09:27PM ET
www.investing.com/analysis/natural-gas-and-energy-2-etfs-to-watch-on-outsized-volume-200359615
Natural Gas And Energy: 2 ETFs To Watch On Outsized Volume
By Zacks Investment Research   |  Nov 14, 2018 09:27PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
 
DJI
+0.52%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
SPY
+0.56%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
AAPL
+1.59%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
NG
+4.05%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
UNG
0.00%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
SPY
-0.33%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

In the last trading session, the U.S. stocks saw rocky trading as Apple (NASDAQ:AAPL) slipped into bear territory and oil price extended its worst rout. Notably, Dow Jones Industrial Average logged its longest losing streak in three months. Among the top ETFs, investors saw (AX:SPY) lost 0.7%, (V:DIA) shed 0.8% and QQQ move lower by 0.8% on the day.

Two more specialized ETFs are worth noting as both saw trading volume that was far outside of normal. In fact, both these funds experienced volume levels that were more than double their average for the most recent trading session. This could make these ETFs the ones to watch out for in the days ahead to see if this trend of extra-interest continues:

(LON:UNG) : Volume 13.32 Times Average

This natural gas ETF was in the spotlight yesterday as more than 43.1 million shares moved hands compared with an average of 3.9 million shares a day. We also saw some price movement as UNG surged 18.9% in the last session.

The movement can largely be blamed on a surge natural gas price. Cold weather increases fuel demand for heating purpose, thereby leading to higher natural gas consumption. UNG has soared 50.9% in a month’s time.

PXE: Volume 6.67 Times Average

This energy ETF was under the microscope yesterday as 227,000 shares moved hands. This compares with an average trading day of roughly 37,000 shares and came as PXE was flat in the trading session.

The big move was largely the result of falling crude prices that can have a big impact on stocks like what we find in this ETF portfolio. PXE has lost 15.5% over the past month and has a Zacks ETF Rank #3 (Hold) with a High risk outlook.

Want key ETF info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>


Apple Inc. (AAPL): Free Stock Analysis Report

SPDR-DJ IND AVG (DIA): ETF Research Reports

PWRSH-DYN ENRG (PXE): ETF Research Reports

SPDR-SP 500 TR (SPY (NYSE:SPY)): ETF Research Reports

NASDAQ-100 SHRS (QQQ): ETF Research Reports

US-NATRL GAS FD (UNG): ETF Research Reports

Original post

Zacks Investment Research

Natural Gas And Energy: 2 ETFs To Watch On Outsized Volume
 

Related Articles

Natural Gas And Energy: 2 ETFs To Watch On Outsized Volume

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Apple
Continue with Google
or
Sign up with Email