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ProShares UltraShort Bloomberg Natural Gas: (KOLD)

(Real Time Quote from BATS) As of Apr 29, 2024 03:50 PM ET

$67.30 USD

67.3
1,101,983

-6.35 (-8.62%)

Volume: 1,101,983

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

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Zacks News

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Wall Street was upbeat last week with the S&P 500 gaining 1.2%, the Dow Jones inching up 0.7% and the Nasdaq Composite adding 2.3%.

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The S&P 500 hit a new high for the year last week after the November jobs report and University of Michigan consumer survey data came in at upbeat.

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Wall Street delivered a decent performance last week.

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Wall Street delivered lackluster performances last week, mainly due to rising rate worries.

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Wall Street was upbeat last week with the key equity gauges gaining in the range of 1.8% to 3.3%.

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Time for Inverse Energy ETFs?

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Wall Street delivered a mixed performance last week.

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Is Natural Gas a Mean Reversion Play?

Buying beaten-down assets has its share of positives, including reversion to the mean potential and sentiment. The price and volume action in natural gas is an example of an asset that may be set up for a significant reversion to the mean move.

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Wall Street offered a moderate-to-downbeat performance last week with the key U.S. equity gauges returning in the range of down 1.24% to up 0.1%.

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Wall Street finally shrugged off Fed rate hike worries last week and gained materially.

The Zacks Analyst Blog Highlights LABU, WEBL, and KOLD

LABU, WEBL, and KOLD are part of Zacks top Analyst Blog.

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U.S. stocks saw a massive jump on the final trading session of last week, making the week successful one.

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