NEW YORK ( TheStreet) -- Here are this week's winners and losers.
United States Natural Gas Fund ( UNG) -2.4% A solid performance on Friday was not enough to keep the futures-backed UNG off of this week's losers list. The Energy Information Administration's weekly storage report proved to be a major drag on the fuel source; over the past week, the agency found that stockpiles had increased by more than expected. Although I continue to urge investors interested in tracking natural gas to turn to equity-backed options like the First Trust ISE Revere Natural Gas Index Fund ( FCG) in the days ahead, those watching UNG will want to keep a close eye on the $10.50 level. Since breaking above this level in mid-March, the fund has bounced off this level on four separate occasions. Written by Don Dion in Williamstown, Mass.