1 Relatively Unknown Energy Stock You Won't Want to Miss
Key takeaways
- NG=F NVDA EQT Oil equities are performing well this year, but it s a different scenario with natural gas stocks.
- Recently, natural gas prices retreated due to rising inventories and declining exports (the U.S. is the largest exporter), among other factors.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NG=F NVDA EQT Oil equities are performing well this year, but it s a different scenario with natural gas stocks. That makes sense because natural gas is notoriously volatile.
Recently, natural gas prices retreated due to rising inventories and declining exports (the U.S. is the largest exporter), among other factors. So it s not surprising that some natural gas equities are struggling. Down 15.1% for the month ending June 18 and 25.7% below its 52-week high, EQT (NYSE: EQT) is part of that dubious group.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »