KOLD enables you to profit from the price of natural gas, as tracked by GAZ, at an accelerated inverse rate of two times.
It is precisely natural gas that has become the focus of attention as the conflict in Ukraine lingers and associated geopolitical tensions are exacerbated.
The strategy to profit from this ultra-short ETF is based on factors that point to GAZ falling after an upside of nearly 40% during the last month.
This strategy also involves risks pertaining to the compounding effect, which signifies that this is not a long-term buy-and-hold, also requiring a stop loss in order to reduce losses.
As for GAZ, in view of its recent upside and the arguments in favor of KOLD, I see a pullback.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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