05Dec12:28 amEST
Late Night Strategy for Friday
Now that natural gas is back to being hated and very oversold, seen below its lower Bollinger Band on the UNG ETF daily chart below, I am considering a long UGAZ trade again if we see a gap lower on Friday morning. This would be a rare knife-catch for me. But I believe it may be worth the effort, with a firm stop-loss, given the sharp decline in recent weeks since my prior UGAZ win.
As far as equites, a few long ideas on further strength: BKW BLMN MON TXRH VECO
Short ideas on weakness: CAB F FEYE GPRO GM