I would start averaging in a long position now before the winter. I bought the Jan 15 2016 strike 23 call. Just buy a few contracts at a time ...average down if warranted
Natural Gas does not fluctuate as much as crude does. Crude has to be inventoried in tanks and tankers while gas can be shut off online. I have had EOG next to my SWN for a long time. Today EOG is up and SWN is down. What will drive Nat Gas is severe cold winter projections
If this was a Growth Tech company w. no profits it would be exploding in valuation. WFM is still a growth company w. profits but gets hammered. The swings in valuation for a top of breed category
makes no sense. Competition in the Tech area is far more intense.
It plummeted last year ... one of the worst performers in the market .. then rebounded. Now its replay time. This pos is way too volatile to get a long term read on. I'm not short ...just haven't been successful on my entry points
I bot a few long term call contracts early last year and took a hit.
I guess its all about crop yield this year . I do not know enough to hazard a guess. If you ever get the chance to talk with a corn farmer , please share the info.
Subsidies to farmers for Ethanol is a joke and I hope the republicans will change these policies