ETFs, or Exchange Traded Funds, not only track the price of oil, but they can actually provide clues as to where the oil price is going.   I'll show you how to read their charts, and show you the ETF that I think most accurately follows and even warns investors...
There are striking similarities between the stock charts of the US ETF for natural gas (UNG-NYSE) now and where the stock chart for the US ETF for oil (USO-NYSE) was in December-February.    (An ETF, or exchange traded fund, is a security that tracks an index but trades like a stock.) The...
  Could the natural gas ETF (UNG-NYSE) lose its tracking of natural gas prices?  In one very specific (and quite realistic) circumstance, it could.  And could it possibly skew the real, physical price of natural gas in the US?  Many people say it is doing that right now, which is...
*Editor's Note: The following is a report I developed for Oil & Gas Investor magazine, published in its December 2010 edition. Part 1 of the story is re-printed below with their permission. Exchange-traded funds have been on a roll. Here’s how to find the one with the best fit, and...
Understanding the future—not just the present—is very important to ETF returns. And this is where the two basic questions for investors get answered. What is the timeline of the trade? The real question here is, how many times does the ETF have to “roll” its futures contracts between now and that trade date? Use oil as...
  By Brian Hoffman, CA, CPA   Oil prices have made a big move up since March with the recent move to almost US$73 per barrel retracing over a third of the drop from the US$147 peak last summer to the low of almost $US30 earlier this year.   Retracements during market rallies generally...
Why oil services stocks are outperforming oil producer stocks By Brian Hoffman The share prices of oil service companies have outperformed the share prices of large-cap oil and gas companies’ common shares since the broader stock market indexes started to move higher at the start of September.  The...