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DIG - Natural Gas Falls Despite A Substantial Withdrawal From Storage - Caution With The DIG Product
December, 28 2020 08:12 AM
ProShares Ultra Oil & Gas
Natural gas inventories dropped more than the market expected. The price action has been bearish at the beginning of the peak season for demand. Politics and the weather will drive natural gas and oil in early January. DIG is an oil and gas product that tracks the Dow Jones Oil & Gas Index. DIG could divorce from price action in the natural gas and crude oil futures markets. For further details see:
Natural Gas Falls Despite A Substantial Withdrawal From Storage - Caution With The DIG Product
Stock Information
Company Name:
ProShares Ultra Oil & Gas
Stock Symbol:
DIG
Market:
NYSE
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