why would you buy DGAZ now when UGAZ is at the 52 week low.
Short term gain in DGAZ is not worth the risk of being stuck at the "high" of DGAZ when you can be in the "low" of UGAZ.
Please explain your reasoning for buying DGAZ at the high end...
Based on your experience does NG go lower in Sept and Oct or is it a coin toss too?
You can go to the USO board to discuss OIL
Unless another correction occurs, the bottom has been reached.
Do any of you believe that the bottom has occurred and it is time to go long?
I don't believe shoulder season will bring NG further down.
I think he'd make a great president. America will prosper with Trump or the same BS will continue and become worse with Hillary
Billy, you've been seeing too much red in your stock picks. If you look at the
NOAA 8-14 days outlook, there is absolutely no red out there. cpc.ncep.noaa.gov/products/predictions/814day/index.php
Mexicans will riot
Wow. NOAA maps are blue and white. Early shoulder season for NG
Working gas in storage was 2,912 Bcf as of Friday, July 31, 2015, according to EIA estimates. This represents a net increase of 32 Bcf from the previous week. Stocks were 535 Bcf higher than last year at this time and 64 Bcf above the 5-year average of 2,848 Bcf. In the East Region, stocks were 69 Bcf below the 5-year average following net injections of 36 Bcf. Stocks in the Producing Region were 114 Bcf above the 5-year average of 978 Bcf after a net withdrawal of 6 Bcf. Stocks in the West Region were 19 Bcf above the 5-year average after a net addition of 2 Bcf. At 2,912 Bcf, total working gas is within the 5-year historical range.
Oil 640 12
Gas 219 -9
Oil goes down in early September because driving season is over, hurricane season is over and maybe because they are preparing for the winter feul blends.
Can't go that far... If we focus on next week's report, it's cooler this week than last week therefore the injection next week should be higher than today's 75. Probably somewhere between 89 and 101.
The Western part of the country is in a heat wave and not able to inject much, only 7
While the Eastern part of the country is cool and has injected 53
Next week's number should be in the high 80's since the east is even cooler this week than last week.