Being George Soros.
The internet is abuzz with George Soros’ latest admissions to Newsweek. Because when it comes to major investing and economic themes, the world looks to Soros. I don’t blame them.
Additionally, the recent FOMC announcement dominates news headlines since it pretty much surprised the consensus. It should provide support going forward until a new hurdle pops up in the eurozone and/or George Soros is proven right in some capacity.
I am near-term bullish on commodities, and will be looking for reasonable entry points on new positions in the days ahead.
Adjust the stop-loss on UNG …
UNG (Last: $5.64)
CANCEL and REPLACE your order to sell all shares of United States Natural Gas Fund, symbol UNG, at $4.77, STOP. NEW PRICE: $4.97, STOP; this order is good till cancelled.