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United States Natural Gas ETF Message Board

  • bi_kcgirl bi_kcgirl Jun 12, 2014 6:08 PM Flag

    What was the anticapated number today if it wasn't 107? 108 and that is worth a jump of $1.25?

    I believe that traders are taking advantage that there will not be another report for a week. This is ridiculous that they price would jump this high.

    Sentiment: Strong Sell

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    • It is not. You will have to understand what is going on first. Storage is in a big hole and it is not refilling fast enough. Market was clearly pricing in the risk of 120 injection and that did not happen. Now everybody thinks that injections will reduce from here on.
      It is not the figure for the week -- it is an attempt to extrapolate it for the whole injection season.

      Sentiment: Sell

 
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