Fundamentals Support Sustainable Rally in Natural Gas (UNG)

Cisco (CSCO)

Pepsico (PEP)

Walt Disney (DIS)

Netflix (NFLX)

Apple (AAPL)

Tractor Supply Declares Quarterly Dividend

Sonoco Reports Earnings

Sealed Air Earnings Report

IMAX Closing in to Resistance

Upside Looming for Dow?

Fundamentals Support Sustainable Rally in Natural Gas (UNG)

Published on Friday, 11 June 2010 11:27 Written by Christian Paolinetti

nat gas New York, June 11^th (TradersHuddle.com) – The United States Natural Gas ETF (NYSE:UNG) is climbing 1.63% to $8.12, making it one of the best global and sector ETFs in today’s trading session.

FBR Capital noted that sentiment in natural gas remains strong, as there is support in fundamentals from the recent bounce from oversold conditions for the move to become a sustainable rally.

Gassy: UBS Talks Smack On UNG - Benzinga
Why UNG Is Worst Investment in the World: Opinion - TheStreet.com
Natural Gas Moves Higher after Storage Data - Benzinga
U.S. Natural Gas to Undergo 4-For-1 Reverse Split - Benzinga
United States Natural Gas Fund Announced 4-for-1 Reverse Unit Split - Benzinga
Fast Money Picks For February 1st - Benzinga

Volatile market? That's when profit potential skyrockets for options traders. Now you can get up to 50 trade opportunities a week from top options experts -- plus much more -- on our exciting new site OptionsProfits. Try it FREE!