Alternative Nat Gas Fund Could Surge 15% by Winter's End

I live on the West Coast, and the weather here is warm, unseasonably warm, in fact. Now, I admit that sometimes I like to rub in my good fortune to my friends, family and colleagues in the Midwest and on the East Coast.
Much as I am fond of jesting about the 80-degree sunny days here of late, the weather situation in much of the country is no laughing matter. In fact, Mother Nature has been downright cruel this year, with the "polar vortex" and sub-zero temperatures making life miserable for millions of Americans.
While there's not much anyone can do about the cold-hearted vixen's actions, traders could take some solace in making a few extra bucks trading one sector that benefits from this big chill -- natural gas.
Since November, the metrics in the natural gas space have been firmly in the bulls' favor. The chart of the United States Natural Gas Fund (NYSE: UNG) shows the big spike higher in the commodity that began in early November and sent UNG well above both the 50-day and 200-day moving averages.

In Friday trade, UNG surged more than 8%, making a 52-week high, as natural gas futures broke to a three-and-a-half year high, topping $5 for the first time since 2010.  (more)
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