gasoline

How to protect yourself from rising gas prices?

 

A smart way to protect yourself from rising gas prices is by hedging your annual usage using one ETF. A hedge is an investment that is taken out specifically to reduce or cancel out the risk in another investment. The ETF is UGA- United State Gasoline Fund L.P. It trades on the NYSE just like any other stock like Microsoft, IBM or Apple.

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Stock Symbol: UGA US GASOLINE FUND Stock Price: $51.51 Todays Change: -0.64 (-1.23%)

Inflation pressures ease despite food price jump

Good news this morning, giving the bulls some legs.

"Inflation pressures eased a bit in April despite the biggest jump in food prices in 18 years. The Labor Department reported Wednesday that consumer prices edged up 0.2% last month, compared to a 0.3% rise in March.

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Stock Symbol: ^DJI Dow Jones Industr Stock Price: $11220.96 Todays Change: +32.73 (+0.29%)