ETF Winners & Losers – January 26th, 2012 (KOLD, GASX, UMX, BOIL, GASL, KRU)
Today’s Top ETF Winners, January 26th, 2012:
- ProShares UltraShort DJ-UBS Natural Gas ETF (NYSEAMEX:KOLD): +8.42 (10.92%)
- Direxion Daily Natural Gas Related Bear 3x ETF (NYSEARCA:GASX): +1.82 (10.10%)
- ProShares Ula MSCI Mexico Investable Market ETF (NYSEARCA:UMX): +1.51 (4.57%)
Today’s Top ETF Losers, January 26th, 2012:
- ProShares Ultra DJ-UBS Natural Gas ETF (NYSEAMEX:BOIL): -1.80 (-10.63%)
- Direxion Daily Natural Gas Related Bull 3x ETF (NYSARCA:GASL): -4.08 (-10.28%)
- ProShares Ultra KBW Regional Banking ETF (NYSEARCA:KRU): -2.54 (-5.78%)
Today’s top ETF winner and ETF loser involved the natural gas market, which, as mentioned yesterday, made a slight comeback after major producers scaled back on production, alongside new natural gas exploration opportunities allowed by the Obama Administration. However, natural gas prices dropped nearly 5% today, probably on lack of supply and more of demand. The ProShares UltraShort Natural Gas Related Bear 3X ETF (NYSEAMEX:GASX) thus gained an additional 10.10%. Keep in mind this is a leveraged, shorted fund of natural gas, so it tracks natural gas inversely and any profits or gains are further magnified. NYSEAMEX:GASX’s counterpart, the ProShares Ultra DJ-UBS Natural Gas ETF (NYSEAMEX:BOIL) was out top ETF loser today, likely because of its leveraged nature and long position of natural gas prices.
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Disclaimer: Wall Street Sector Selector trades a wide variety of ETFs and positions can change at any time.








