Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: weather May 1-May 8th/CJ
In Response To: weather May 1-May 8th ()

Hi CeeJay,
Thanks for the update !!

Started to post before but the Monday early estimates started to come out.
Looks like a build of around 37 is a consensus at the moment. Some think that a print at that would be bullish. As the day went on, it looks like the bulls have gotten their horns into Ng Price and pushed it up !!!!

With K LTD on the 26th and the options expiring on the 25th the lead up to and response to this weeks report could prove interesting !!!???

I guess I am somewhat bullish with today's run up in price. Haven't seen anything on production cuts or rig counts recently, but Exxon earnings come out on the 26th I believe. May prove interesting if some production comments come with it ???

Appears the weather drought may curtail some fracking (check PA). You can get a better handle on that than I.

On This:
"I expect NG injections as reported on May 3rd will be significantly lower than average. "
What are you calling "average" here ??

Thanks and Good Luck,
Lee

Messages In This Thread

weather May 1-May 8th
Re: weather May 1-May 8th/CJ