~ hop step jump everywhere with my Fox =^.^=
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$19.14 currently! ~ i turned on the heater this morning again! :)
i'm contributing to NG
NG might pass $3 before the end of November?
booooyah!!!
Analyst says: if NG price broke $2.73 (current $2.70), it will go up $2.90 area (that means $UGAZ way over $20) ... and he says that hedge funds started short covering since the weather is expected to be colder than normal for next few weeks (East) --- also mentioned that NG export is higher.
hahaha!!!
haha! i'm very skinny and easy to feel cold (^_^)
Indeed! It's getting cold here in the southern California especially in the early morning!
thank you spark! today is the first day that i turned on the heater :)
NG - did we have news today?
bounce to $17 ~!
UGAZ is up trend since it hit $12.30 area a week ago :)))
NG price $2.71 currently ~ UGAZ up Big!
Ok, thank you.
now the gap is 7.5 cents ~ dropped from 20 cents
i agree with you, spark!
UGAZ might pass $17 soon, imo.. $20+ by end of November would be great:)
contango narrowing - now 9 cents (dropped from 20 cents gap).. risk reduced some, i think?
It is trading at $15.35 currently... keeps going up since it hit $12.40 just a week ago - and the gap is 10 cents while it was 20 cents last week.
ok, thanks! :)
https://www.avatrade.com/trading-info/cfd-rollover-dates
so, today was the date of rollover to December.
NG opens up nicely! ... hope it holds and runs to the winter - winter is approaching fast!!!
spread is already < 14 cents. Nov could easily expire with same spread in place ... need weather to continue and production to settle down.
and also this one ---> https://www.barchart.com/futures/quotes/NGZ19/overview
ok, thank you!! i check Henry Hub.
looks like back to normal trade? now UGAZ is trading X3 on the base of NG price ... when NG price is +0.78% (current), UGAZ is +3.09%
it wasn't like this last few days as far as i know.
Thank you researcher as always!
so, its ok? tia
i was just asking you question but you didn't answer and i asked on other board and someone replied to my post - then, posted here for your review.
you are so emotional.
i'm doing just fine.
received info from other board: he says that --->contango already priced in when ng rolled over to dec last week.
actually GAZ tracks an index SPGSNGP, which tracks the thereotical returns of NG traders. So ng is like a benchmark instead. Go to velocityshares.com and look up UGAZ. you can find the info about SPGSNGP in GAZ’s prospectus.
thank you NQ for the info and links!!
Natural Gas: November To Start Off Colder Than Normal, Bullish For Prices
https://seekingalpha.com/article/4296657-natural-gas-november-start-colder-normal-bullish-prices
good morning Spark :) NG is at $2.364 currently.
is this true that NG producers are lose money if they sell NG under $3.50 ?
if so, they should reject to sell cheap!
most of the times (not always), your common sense will be your best trading adviser - winter is coming!
ps: i am not a day-trader (limited time seasonal trader here)
my last add was at $12.40
Great strong finish!
USA NATIONAL FORECAST
Blizzard Conditions Persist as Historic Snowstorm Spins in the Northern Plains, Upper Midwest
https://weather.com/forecast/national/news/2019-10-06-first-snow-of-season-rockies-plains-early-to-mid-october-forecast
$UGAZ .. is this true? Yahoo poster (ID: Office in Charge) says ---> Energy is included in the phase one trade deal.