Natural Gas Fundamental Data

Bond Trader: Sweet Catch.

BTW, did you know that on a BTU-adjusted basis using E-85 fuel is about identical to using CNG? Any of you guys trade the ethanol crush?
 
Quote from PAPA ROACH:

I have been reading quite a bit of false misconceptions lately on rapid declines and huge price spikes being forecasted by bloggers that seem to really not know what is going on. So I wrote a piece yesterday about a key driver. For anyone here that has an interest-

http://seekingalpha.com/instablog/6...ng-natural-gas-pricing-and-continued-drilling
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Great Article - Except for what looks like a bit of short squeeze over the last couple days, the seasonal awaits weather that hasn't arrived and storage numbers remain huge :)
 
For the next several months, I will try to look for correlations between the HO Crack and the NG Calendar in terms of winter heating. Not a great correlation, but sometimes it offers a jump provided you don't play on Wed. or Thurs. mornings. I also like looking at the NOAA HDD data.
 
Quite a bit of chatter from private meteorologists going around about a blocking feature set-up to deliver frigid temps into the eastern 2/3rds to 1/2 of the US over the next several weeks. Overall winter forecasts are bearish, however this cold regime will likely spark a larger short covering into December, just in front of major index fund re-balancing purchases in early January.

We could see some oversized squeeze in the making here.
 
Quote from PAPA ROACH:

Quite a bit of chatter from private meteorologists going around about a blocking feature set-up to deliver frigid temps into the eastern 2/3rds to 1/2 of the US over the next several weeks. Overall winter forecasts are bearish, however this cold regime will likely spark a larger short covering into December, just in front of major index fund re-balancing purchases in early January.

We could see some oversized squeeze in the making here.
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Thanks for the info. With the thin volume in stocks during the coming holiday week the hedge funds are usually running low priced and/or low volume stocks. Is the trading volume for NG usually low enough in the holiday week to allow some extra upside move or are you just expecting a pop on the anticipated temps? TIA.
 
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