ETRN might be a nice US energy play this week.Strange week for Cdn energy most of the stocks did nothing despite higher Oil prices and mostly good leading indicators. This is why I sold CPG despite decent fundamentals ( I got $9.30 Cdn which was a good guess ). Maybe the fires are a temporary negative catalyst all I see is the stocks are ignoring higher Oil prices lately and that inventory number should have been a positive catalyst ( especially considering the SPR dilemma ).
In this kind of environment, range bound trades on mid to small caps seems best and stay off the larger names except as one year investments. Now if Oil makes a larger move say to $80 then we may see some decent stock moves regardless.
It'll be pricey pre-market I bet. If for some reason there's no volume on it, $6 might make for a nice quick trade. If it gaps up too high pre-market... short it lol. A huge gap will get sold.

