The bottom line is gas stocks are in a secular bull market that is likely to last for years. Natural-gas demand growth is outstripping supply growth in the US and companies involved in this industry are going to thrive on persistently higher gas prices. Higher gas prices mean higher profits which ultimately lead to higher stock prices as investors bid up gas stocks to chase these profits.
Gas-stock investors will probably win big in the coming years, and watching XNG technicals and oil-stock levels will probably yield great trading signals for buying and selling gas stocks.
Adam Hamilton, CPA
Sorry.... I couldn't help myself! Check it out.
NEO
nuenco nl
