~ hop step jump everywhere with my Fox =^.^=
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$UGAZ ~ What Is Contango?
Contango is a situation where the futures price of a commodity is higher than the spot price. Contango usually occurs when an asset price is expected to rise over time. This results in an upward sloping forward curve.
i have a patience - i can wait for winter since i'm here for seasonal trade - not more not less.
thank you for the trading idea - i will get some DGAZ in February or March - til then, i will focus on my UGAZ trades.
the weather will be dramatically changed next week or so.
thank you for your reply and opinions.
Are you still bearllish?
Thank you.. I will study more.
why? December contract will be 18 days later.
Spark, do you know why UGAZ is up kinda big compare to NG price action? tia
very interesting - UGAZ is trading higher than actual NG price action? looks to me that way.
i knew it - NG bottomed yesterday.
i'm sure some politicians are working on this and if Trump admin. announces or just hints or just tweets about the 'plan' of exporting (sales) of NG to foreign countries, the pps will be X5 from here - its great for american economy and labors - pls never say never!
i think NG bottomed at $2.204 yesterday - when everyone started talking about negatively, it is the bottom.. i picked up more UGAZ at $12.40 ... i didn't expect but my order got filled.
I see, thank you so much!!!
hi researcher ! is this really bad or not so bad? tia
From famous Yahoo NG Guru Poster SAS:
Rig Counts will fall below 100 in the next 12 months. They will be nearly halved in 2020 from 2018 levels. Gas Production will be hit and prices will overshoot and then settle in the $3 - $4 range. This winter with some Polar Vortex action we could see $5+. Too many monkeys are short.
we are in the psychological period ~ some out, some in, some wait - i am in because the NG (UGAZ) rally has not even started .. i actually added a few more shares at $12.86
i agree with you 100% !!!
i agree with you 100% !!!
any specific reason for the flush ?
i really hope Trump Admin. can sell (export) Natural Gas to other countries - then, i will be rich instantly.
great point! that means less production! less inventory!
what do you mean? thank you in advance for your explanation.
$AMRN ~ i predict higher volume and higher price movement starting soon.
1) 3Q earnings 11/06 (some say 10/30)
2) Advisory committee meeting 11/14
3) #AHA19 session 11/16 ~ 11/18
4) PDUFA on 12/28
5) Approval in Canada (anytime now)
NG $16 ...i hope so... i will be rich!!!
me: NG producers will try their best to sell at higher price in winter season ~ if i were a producer, that is what i will do knowing the time is limited.
one poster from ST: Very soon they will have no choice -- control is out of their hands already since the cash from Wall St stopped 2 months back.
that poser meant massive pump in many ways are coming.
i think NG near $3 is coming.
NG hitting $2.35 as i type.
is it possible ---> $20 by the end of October?
NG ... more demands will come since one poster on StockTwits said its now getting cold in New York
$14.62 now
i hoe so ~!!! what i'm so sure is my area is getting very cold since this Tuesday.
thank you for the review!!! is this good for UGAZ long?
tia
how was the report?
NG - why produce too much knowing that will cause the price drop?
because they can't fire employees?
researcher, i do appreciated if you post the NG weekly report like last week!!!
you mean one person bought that much at $17 ?
btw, i'm hoping NG will go up a lot more in October and November.
UGAZ Natural gas demand continues to grow faster than any other generation source as utilities transition away from coal and nuclear power to gas-fired generating facilities. Natural gas demand has increased by 14 billion cubic feet per day since 2017 and is expected to jump 6% this year alone
Good Read (found this today on #ST board)
https://www.forbes.com/sites/daneberhart/2019/09/23/fracking-ban-rhetoric-might-appeal-to-woke-left-but-its-a-loser-for-america/amp/