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from dallas
Posted: Mon Jan 30, 2017 11:05 am
by setliff
oiles and gassers getting whacked pretty good today---i see no good reason for it??
end of quarter?
general market sell off?
anybody have any idea's. dnr and gpor are being damaged technically.
Re: from dallas
Posted: Mon Jan 30, 2017 11:33 am
by k1f
<<general market sell off?>> Risk is in play again. White House paranoia & incompetence has world markets spooked. Commodities down, partly because of weather. Dow's been toppy, Gold now up.
Re: from dallas
Posted: Mon Jan 30, 2017 2:40 pm
by bearcatbob
Re: from dallas
Posted: Mon Jan 30, 2017 2:59 pm
by setliff
i hear europe is getting all the winter again
Re: from dallas
Posted: Mon Jan 30, 2017 3:38 pm
by k1f
<<i hear europe is getting all the winter again>> Could be a perfect storm shaping up. More unnatural heat in N. America. Chilly Europe depending on Russia for gas (the war in Syria is partly about projected pipelines to Europe). So Putin keeps the heat on Europe while his American sweetheart is pursuing deflationary policies that freeze trade. Meanwhile many UK corps have hedged against Brexit, and as hedges run out, crunch time hits. Let's hope the hysteria in the WH and markets will run out of gas soon (!) and "natgas is bullish regardless of weather."
Re: from dallas
Posted: Mon Jan 30, 2017 4:25 pm
by setliff
i don't think the hysteria is in the wh nor majority of americans, but in the hired mobs.
Re: from dallas
Posted: Mon Jan 30, 2017 8:26 pm
by k1f
A number of large intl corps such as Starbucks complained that the WH immigration orders are disrupting their business plans, and global business commentators thought the paranoia signaled a "turning inward" that would hinder trade and deflate economies. Maybe back channel corporate pressure will restore some common sense in Washington and the markets will calm down.
If only the fantasy of "hired mobs" were true: the protests have been so large they'd eliminate all unemployment problems (!)
Re: from dallas
Posted: Mon Jan 30, 2017 8:42 pm
by bearcatbob
The winter heating season is toast. Forecasts for February are turning warmer. January was a warm month. IMO there will be NO WEATHER related price event on NG. Those forecasters who have screamed fire in the theater should simply go away. Any individual cold spells are now too late to worry winter availability.
After shoulder season we will see what the summer supply and demand balance is.
Bob
Re: from dallas
Posted: Tue Jan 31, 2017 12:11 am
by k1f
Re: from dallas
Posted: Tue Jan 31, 2017 1:25 am
by par_putt
have you tried the other topics index?