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+ 2.62
(Bidding 2.56)
Bidding 2.64 (edit N 2.64)
Out for a nickel.
Wow! Got out too early. Who’d a thunk it? Still, no one ever went broke taking a profit. Waiting on next opportunity.
Out 2.75 (+3.7%)
I held - maybe shoulda sold on that bounce to 2.73 - but I think I am well positioned for the morning, provided we get the usual run up - 2.80 would make me happy.
Nibbling below 2.70
Don’t like the season, do like the price range. One thing I’ve learned with this one. “Get in, get out, and don’t get run over.”
In $CVE
It sure does. Looking at seasonal charts for the last 5-10-15 years, natty ‘should have’ had a decent run from midApr to around mid-Jun rebuilding inventory and adjusting for the summer cooling season.
I now see no reason to think we get any bullish rally until Sept, but then again, natty is either irrational or I’m just not smart enough to figure it out.
Kudos to ya. You’ve played this well. I missed the last two runs here thinking it would come back to me. Really good volume today too.
One more leg down and this thing is going to get interesting again
I posted this yesterday. Of course, $boil set a new record yesterday obliterating the previous.
— Shep (@ShepRules) May 16, 2023
Highest redemption of shares EVER. 19.7MM
Highest % of trading volume representing shorts covering at 36%#natgas https://t.co/Gyt55bTWXa
Still going! All I have to do is buy a couple hundred shares and it will end this run. LOL
Completely missed this last run. Got a little gun shy after that last downdraft. So many stocks to play, so little brains. Trying to keep watch over this for the next opportunity.
Completely missed this last run. Got a little gun shy after that last fiasco. So many stocks to play, so little brains. Trying to keep watch over this for the next opportunity.
N CDTX
N $LAC today
CDE: Coeur Mining Non-GAAP EPS of -$0.11 beats by $0.01, revenue of $187.3M beats by $21.63M
Pulled my 2.72 bid - don’t wanna own this overnight. Maybe tomorrow.
Never got my 2.72’s - started @ 2.77, but changed my mind. Prolly shoulda stayed there. Trying to break my habit of buying in too early.
Volume rather anemic today.
I’m on the sidelines. Watching. Trying to get a sense of the cycle again.
Hopefully no one got caught in THAT
Out 2.88 whew! Deep breath.
Looks like the $USD is headed back below 100 for the first time since May of 2022
Agreed - however, everything is jiggly tonight, hard to say what morning will bring.
I hear more and more people climbing aboard the “Gold is overvalued” train.
Yeah, sure it is. That’s why central banks around the globe are adding it in record amounts.
Another frequently posted comment is, “Gold is overbought”!
With an RSI of 55 !?!?!?!?
There WILL BE corrections along the way, but as long as they keep printing money (and they can’’t seem to stop)
PM’s are going to rise, along with food and energy.
4God
I hear more and more people climbing aboard the “Gold is overvalued” train.
Yeah, sure it is. That’s why central banks around the globe are adding it in record amounts.
Another frequently posted comment is, “Gold is overbought”!
With an RSI of 55 !?!?!?!?
There WILL BE corrections along the way, but as long as they keep printing money (and they can’’t seem to stop)
PM’s are going to rise, along with food and energy.
4God
I hear more and more people climbing aboard the “Gold is overvalued” train.
Yeah, sure it is. That’s why central banks around the globe are adding it in record amounts.
Another frequently posted comment is, “Gold is overbought”!
With an RSI of 55 !?!?!?!?
There WILL BE corrections along the way, but as long as they keep printing money (and they can’’t seem to stop)
PM’s are going to rise, along with food and energy.
4God
I think big money is doing the same thing to natty that they are doing to gold. Drive the price down, then accumulate. Rinse and repeat. Can’t beat them, but you can get a few crumbs from the table.
Everyone have a great weekend.
Shep blip. Comments as interesting as the post:
#natgas down 46.4 cents since Friday morning. Almost 20% in a week.
— Shep (@ShepRules) May 5, 2023
Nothing to see here. Move along.
Yet open interest keeps climbing every day. Who exactly is buying it?
LOL, Sorry, I only buy when it’s tanking. Maybe later this afternoon.
Yup, just sold another 1/5 @ 2.80 - my avg is now 2.84 - I can live with that over the weekend. Might just get outta this alive.
Sold 2/5 @ 2.77 - avg now 2.93