Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Add to that funny toothed fatty in PyongYang firing big bottle rockets over Japan and TVIX is back in the 20's.
Yeah.... wife was in San Fran. Messed up weather. All the way up to Vancouver... they haven't had a drop of rain all summer up there. But y'all in L.A.? Ouch. Prayers and thoughts with you!
Exactly!!!!
But I love this seasonal 5-10-15 year chart:
">" />
And this old article..... still applies:
http://www.equityclock.com/charts/natural-gas-futures-ng-seasonal-chart/
100% with you!!!
Striking first, he loses support from the few that back him. Being the brat and having NATO / US strike first, Russia and China can still pretend to like this big toothed fatty.... I think KJU has the best hand geopolitacally, especially in a defensif mode - nuke or conventionnal
This one's for real. Confirmation from Norway...
https://www.norsar.no/press/latest-press-release/archive/large-nuclear-test-in-north-korea-on-3-september-2017-article1534-984.html
Doubt it. $1344 minimum upon open tonight
Although this is terrible news and will probably lead to increased military activity around the Korean Peninsula, it kinda feels like Christmas Eve. Loaded up Friday.... very hard to resist VIX front month in the 12's.....
Israel's TA-35 market index just closed... down 1.3%. Great start if one is bearish markets.
Seems it has one less now:
https://www.norsar.no/press/latest-press-release/archive/large-nuclear-test-in-north-korea-on-3-september-2017-article1534-984.html
Futures will be open tonight, early close on Monday. Should be good for a trade or two!
All the best!
Montreal. Same all over the NorthEast though....
That was the most bullishish report I've seen in ages. Not only did this build break a record dating back to 1994, but we're at 5 bcf from being sub 5 yr avg inventory for this time of year. Seasonality chart lifts off Sept 1 til Oct 15. Next week's build should be quite important. But... given Harvey, could be a surprise!!!
39 degrees here this morning. Many turning up the heat here.... NatGas being consumed!!!
Nice volume. Hit 34 resistance at open. Break that and 37.5 comes into play. Nice bid support at 31. Ask at 33.5...
Watch at close!
Finally broke through 30 now at 30.5 up 11%. If closes above 30 next level of interest is 34
Good morning!!! No... not trading it. Holding my 15.25's still though. Better places to trade... VIX, Gold, Oil....
Most interesting read of the present NatGas situation:
https://www.platts.com/latest-news/natural-gas/houston/gas-factbox-production-rises-demand-remains-down-21801284?platform=hootsuite
Cali heat... 53.5% power generated by NatGas according to CAISO.... bullish!
http://www.caiso.com/outlook/SystemStatus.html#Power%20Mix%20by%20Fuel%20Type
Good morning Dude!!!!
I'm bullish NatGas, storm or no storm. But Mexican exports down, Cheniere still exporting 2.2 bcf/f and price staying above 2.90....
ERCOT is the power supplier in the Texas area. They use little NatGas; heavy in wind and solar power gen... lord knows they're gonna need power....
California gonna need 51443 MW of power Friday from this
heat... breaking the previous record of 50270 MW.. but they're using mainly Hydro and wind/solar combo...
Northeast.... some HDD's (heating degree days) forecast because of the colder weather...
Cash now trading at 2.875....
What I"m basically saying is there are better odds out there. NatGas could go either way.... unless they find water in rhe salt storage then NG skyrockets.
I'm holding a small long position buy am not trading NG. VIX... on the other hand is a heavy buy. Traded it twice yesterday....
Great day, Dude!!!
Powered by hydro, solar and wind....
Crap!! Forgot about the fins. Thank you!
Thanks! Been vested here for a while, quite familiar with the company. My question was more about recent (since last Thursday) activity... price and volume. Bank of Montreal bought over 225,000 shares today. Was just wondering if i'd missed news!
Dude!!!! Not gonna mention levels as I haven't checked the chart or anything. But both short term and long term I say up. 2.95 now, should close green at contract roll (as it has 9 out of the last 11 rolls), ans a break of $3 will be bullish. One of the annual spikes occurs Oct 15, so I'll be selling then and going short. Quite a lucrative trade last year same time. And for Nov contract roll we got a 16% contango decau factor which gave us 40+% when played using DGAZ.....
But sentimeny here says bearish so who the hell knows!
What"s going on here? Why the sudden spike today!!! (Not that I'm complaining or anything!!!)
Pleasure! Hope you banked a little. Today was a great opp. Sold my longs earlier, went short. Holding cash now waiting for direction
Yeah no... UGA isn't leveraged. No leveraged ETF / ETN that I know of...... unfortunately
Good morning!!! $1400 possible with a bomb or 2, but Jan 2016 high of $1372 will be quite hard to break. Gold needs to retrace now though... $1317?
Great trades!
No I don't chart or use fractals or anything mumbo jumbo for vix. Watch for double digit contango, avoid contract rolls then. But mainly, 12 handle on front month (ie next month) futures is easy money long, 14 handle is easy money short (xiv). I'll watch qqq / gold / USDYEN as indices of tops and bottoms. But it's vix, the wildest poney out there, it's unpredictable and very fast. Only play money you can afford to lose.
Yes, last night i'd mentionned here that 1322 was my next target after $1300. But yes, expecting $1340 soon.
Keep in mind it could go either way. We didn't get a wild move like in gas, so it really could go either way. Premarket tomorrow will be very telling. Not pricewise, but volume. Watch the volume.
Great night!!!
Yo Dude!!!! The way I see it oil is getting to the refineries but is not being refined. Shell, Valero, Exxon, Phillips, Conoco and such all shut down their refineries. Sooo... no oil being refined, oil is building up in the reservoirs in Cushing, PADD's and such. Imports can't get in but will be able to unload within a couple of days. Exports are also down but of little concern as they're very small in the big picture... gasoline, on the other hand is up huge. What's left in storage is becoming more and more precious. Up 4.6% so far tonight. But unfortunately, no leveraged ETF to play gasoline (RBOB in NY harbour)....
Make sense?
Looks like we should have shorted oil. Doesn't look good at all!!!
Oh!!! I'm not back yet... still a couple of days before kids go back to school... so still in vacations...for now.
Played short oil last 2 weeks, did ok with that but I'm out now. No idea where it'll go. Seasonality says down but this Harvey dude makes things harder to call. USDCAD says oil up.... seriously no idea. Not gonna play it. Bullish gold and volatile VIX keeps me on my toes plenty....
Been trading XIV for quite some time. I never look at VIX spot per se. Totally irrelevant. Always trade based on VIX futures. First 2 months are most important.
Good morning SH!!! VIX has been quite lucrative of late. Still more to come, I think! Seasonality quite strong there as well. Buy when VIX futures is low 13, sell at mid 13, repeat 3 times a day. Short VIX has been quite generouse as well! Much more so than NG, who's been stuck in a 15 cent wedge all summer. Although I kinda feel it's about to breakup. Seasonal chary shows a spike up til Oct 15 or so....
Gold, break $1300 and we get 1320, JNUG $22+.
And...before anybody asks...yes I'm still holding $15.25's UGAZ.
Hope everyone's doing well!
Can't wait to see open tonight. Sorry for the delay...wife decided vacation in France...so in France now....
All the best!
Yessir and still holding my DWT's. It's metals that surprised me, didn't expect these tensions. Expecting the miners (especially Juniors) to catch up. $1300 gold!!! Wow!
Still plenty to go, Expecting more uncertainty next week!!!!
I was lucky, I set my sales before leaving for vacation. Didn't expect this strong a move.....
Bought some XIV's as well. 20%+ easily here!
In France now.... wife chose Europe....
Might be in Fla next week tho. I'll let you know! Lunch would be great!
Good morning!!! Yes, all back to normal, thank you.
This is great news for oil bears. If shale producers are hedging at these prices, they're expecting prices to go much lower. I went long DWT at $28 (I think....) and will be tempted to sell around $42 WTI but my real target is $39.
Vaca soon!!!!!!
Have a great one!