Nat Gas is not hitting the levels of volatility it did last year but we were able to hop on a quick trade and make some good money. We went short Natty G on May 17th and sold out of our position yesterday for a 17% return, or $17,000 for each $100,000 invested. Not bad for a ten day investment. Some times you do well hitting singles as you wait to hit the long ball for a home run.
As a follow up to last year's Oil Market investment, and last year's volatility in the Oil markets, the direction of the price of Oil became quite clear with the roll out of vaccinations and the opening of the economy. Investors with Pecunia Capital were well rewarded as we were able to capture the bulk of the move of this once in a lifetime opportunity to create true wealth. As of now we are out of Oil and looking at Natural Gas and the VIX, which should provide superior returns for our investors. There will be another opportunity. Who knows when.
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Kent SteffesManaging Director at Pecunia Capital Archives
August 2024
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