COLD WON’T GO AWAY
February 5, 2010 - Weather again continued to be the dominant price driver, and although eastern markets are expected to endure a near term blizzard . . .
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RECOVERY
February 4, 2010 - Natural gas traders had a lot on their plate Thursday, as a soft inventory report sent prices . . .
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LATE SELLING
February 3, 2010 -
Late selling by large accounts was enough to take what appeared to be a day of modest gains and turn it into a loss. Short term traders see the market . . .
(Read Full Article)..
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STILL HIGHER
February 2, 2010 -
Prices opened lower, and oscillated in a 16 cent range before settling on a positive note. Weather forecasts continued to show . . .
(Read Full Article)..
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CHANGE IN THE WEATHER
February 1, 2010 -
The day’s open had an eerie similarity to a week ago when prices opened up sharply higher as . . .
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PRICES INCH LOWER
January 29, 2010 -
At the open the bulls were in control as prices started the day with a 10 cent gain, but afterwards . . .
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BEARISH EIA NUMBER
January 28, 2010 - All eyes were nervously on screens after a weak open awaiting the release of storage figures. Problem was that . . .
(Read Full Article)..
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WEAK EXPIRATION
January 27, 2010 -
Prices continues their losing ways as weather forecasts continued to moderate, and cash traders . . .
(Read Full Article)..
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NEW WEATHER OUTLOOK
January 26, 2010 -
Bulls had no chance as the market opened up sharply lower following the revision of . . .
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RANGEBOUND
January 25, 2010 -
Futures opened lower but managed to carve out nearly a 20 cent range before finishing near the low end of the day’s range. Traders expected . . .
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THE WEEK THE GAS MARKET CHANGED?
January 22, 2010 -
The market opened sharply higher prompted by revisions to the weather forecasts which called for a . . .
(Read Full Article)..
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REPORT DRIVEN GAINS
January 21, 2010 -
All eyes were on the release of the government inventory figures, and the number proved to be to the liking of the bulls. The EIA reported . . .
(Read Full Article)..
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BIG DRAW EXPECTED
January 20, 2010 -
Short term traders had little to work with today as prices confined themselves to . . .
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TECHNICAL TRADING
January 19, 2010 -
Traders got something of a jolt Tuesday morning as prices opened with a double digit loss and continued to work lower in the early trading. Prices eventually . . .
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SHORT COVERING
January 15, 2010 -
Prices began rising before the open of floor trading and maintained a steady advance for most of the session before . . .
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OVER ANTICIPATED
January 14, 2010 - In what might be a classic case of an over-hyped inventory report, prices started out the day about a penny higher, but curiously the release of a near-record draw . . .
(Read Full Article)..
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UP AGAIN
January 13, 2010 -
Things were looking pretty glum for the bulls in early trading as the market posted a $5.43 low as bearish petroleum inventory were released. From there . . .
(Read Full Article)..
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REBOUND
January 12, 2010 -
Just prior to the open it looked like prices were headed lower, but a sudden turnaround ensued and the market began a more or less . . .
(Read Full Article)..
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BIG LOSS
January 11, 2010 -
Prices opened sharply lower and by mid-morning the market found itself in a hole more than 35 cents lower than Friday’s close. Much of the decline was . . .
(Read Full Article)..
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PRICES SLIDE
January 8, 2010 -
It was hard for the market to ignore the release of employment data before the open, and prices . . .
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$6 REMAINS ELUSIVE
January 7, 2010 -
Futures were trading as much as 13 cents lower prior to the release of inventory data which came in right at industry expectations. The EIA reported . . .
(Read Full Article)..
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MODELS POINT HIGHER
January 6, 2010 -
Trading opened at the low end of the day’s range, and prices made a non-stop advance before . . .
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PRICES SLIDE ON NEW FORECAST
January 5, 2010 -
All the talk of Monday’s cold weather was suddenly trumped by a NWS forecast showing . . .
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FORECAST COLD LIFTS PRICES
January 4, 2010 -
By the time open outcry trading began, prices had already shot 30 cents higher on expectations of . . .
(Read Full Article)..
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FUTURES SWOON ON EIA DATA
December 31, 2009 -
Trading was relatively quiet in the early going with prices holding in a tight range prior to the release of inventory data. The EIA reported that . . .
(Read Full Article)..
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DOWN AGAIN
December 30, 2009 -
February futures took over where the January contract left off and posted it’s high for the day shortly after the open similar to . . .
(Read Full Article)..
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RETREAT
December 29, 2009 -
The expired January contract attempted to trade over $6, but shortly after the open began a . . .
(Read Full Article)..
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WEATHER BULLS STAMPEDE
December 28, 2009 -
Prices surged higher as traders realized that not only will inventories take a big hit for the week ended Dec. 25, but a new weather system . . .
(Read Full Article)..
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PRE-HOLIDAY PLUNGE
December 24, 2009 -
It took only a moderate miss on the low side of expectations to send natural gas futures sharply lower in an abbreviated holiday session. The EIA reported . . .
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TRENDING UP
December 23, 2009 -
The lows of the day were made shortly after the open, and from that point prices were on a . . .
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DRIFTING HIGHER
December 22, 2009 -
Prices were able to recover some of Monday’s losses in slow, pre-holiday trading. Little news emerged on . . .
(Read Full Article)..
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DOWN DAY
December 21, 2009 -
Overnight weakness proved to be too much for the bulls and prices retreated in a rather uninspired session. Short term traders see the market . . .
(Read Full Article)..
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INCHING HIGHER
December 18, 2009 -
Prices opened higher and attempted to move lower, but rallied off session lows to make it . . .
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INVENTORY DRIVEN GAINS
December 17, 2009 - In overnight trading prices rose ahead of the weekly inventory report and by the open had risen about 10 cents. In a . . .
(Read Full Article)..
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MODEST DECLINE
December 16, 2009 - January futures opened lower and were barely able to trade in positive territory before settling into , , ,
(Read Full Article)..
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UP AGAIN
December 15, 2009 -
January futures were off to the races before the open, and traders’ perceptions of prolonged cold and a reduction in the storage surplus . . .
(Read Full Article)..
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ROLLER COASTER HIGHER
December 14, 2009 - January futures opened sharply higher, plunged to session lows early and then began . . .
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BULLS TAKE A BREATHER
December 11, 2009 -
January futures opened lower, but quickly reversed and made the day’s high early in the session. From the early peak prices began . . .
(Read Full Article)..
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BEARS TAKE A BEATING
December 10, 2009 -
The market opened a few pennies higher, and as expected all eyes were on the release of weekly inventory data. The EIA reported withdrawals of . . .
(Read Full Article)..
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BEARS BACK IN CONTROL?
December 9, 2009 -
Prior to the open January futures traded as high as $5.23 and hinted that important technical resistance levels might be at risk. But an open seven cents . . .
(Read Full Article)..
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UP AGAIN
December 8, 2009 -
Prices opened up higher and continued the advance from Monday finishing at the high end of the day’s range. Weather forecasts show . . .
(Read Full Article)..
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BIG GAINS
December 7, 2009 -
There was little doubt as to the outcome of the day’s trading when the market opened up nearly 20 cents higher. Changes in the weather outlook . . .
(Read Full Article)..
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MARKET LIFTED BY WEATHER, JOB STATS
December 4, 2009 -
Prior to the open the market reacted positively to employment figures which came in better than expected. An expansive influx of cold air . . .
(Read Full Article)..
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EIA DATA ON TARGET
December 3, 2009 -
The market opened slightly lower, but all eyes were on the release of weekly inventory figures. The EIA reported a build of 2 Bcf which was . . .
(Read Full Article)..
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WEATHER FORECASTS WARMING
December 2, 2009 -
January futures continued the week’s unbroken string of losses and finished at the low end of the day’s range, a bearish omen. Short term traders are focused on the . . .
(Read Full Article)..
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DOWN AGAIN
December 1, 2009 -
January futures opened lower and struggled to no avail to reach unchanged. Near term weather forecasts call for . . .
(Read Full Article)..
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PRE-HOLIDAY BOUNCE
November 25, 2009 -
January futures opened higher and began a mostly one-way trek upwards to end the day at the high end of the day’s range, a technically . . .
(Read Full Article)..
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UNEVENTFUL EXPIRATION
November 24, 2009 -
All but the expiring December contract posted a loss in today’s trading. Short term traders described the activity as uneventful, and the overall bearish price environment remains . . .
(Read Full Article)..
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SMALL GAIN
November 23, 2009 -
Prices not only opened higher but above $4.50 putting those options strikes in play. Throughout the session prices . . .
(Read Full Article)..
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FUTURES UP, CASH DOWN
November 20, 2009 -
December futures posted the lows of the session early and made a steady advance throughout the day ignoring the slumping crude oil. There was little . . .
(Read Full Article)..
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UGLY MATH
November 19, 2009 -
Natural gas futures managed to settle higher following the release of government inventory data showing continued additions to inventory.
(Read Full Article)..
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LOWER STILL
November 18, 2009 -
A weak tone to the market was set when less than favorable housing data was released. The market opened 3 cents lower and short term traders . . .
(Read Full Article)..
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CONFLICTED WEATHER FORECASTS
November 17, 2009 -
December futures retreated after opening sharply higher. The open proved to be the high water mark for the day, and the remainder of the session . . .
(Read Full Article)..
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END USERS SEE PROMISING FUTURE
November 16, 2009 -
Both crude oil and natural gas failed to react initially to a mostly positive retail sales report, but once trading in equities began . . .
(Read Full Article)..
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FUTURES INCH HIGHER; CASH CRUMBLES
November 13, 2009 -
It could be argued that the day’s modest gain in the face of a bearish storage report could be interpreted as positive. The EIA reported . . .
(Read Full Article)..
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SOMETHING CONSTRUCTIVE NEEDED
November 12, 2009 -
The handwriting was on the wall when the market opened up 10 cents lower.
(Read Full Article)..
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OVERSOLD
November 11, 2009 -
December futures opened at the low end of the day’s range and managed to post a gain during a session which saw a tight trading range . . .
(Read Full Article)..
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GAME CHANGING?
November 10, 2009 -
Natural gas futures plunged right at the open, and the day’s losses were mostly in place right at the opening bell. Perceptions of near term weather . . .
(Read Full Article)..
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TRENDING LOWER
November 9, 2009 -
The December contract opened lower and made its lows early in the day before grudgingly acknowledging the . . .
(Read Full Article)..
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BULLS SEARCHING FOR WEATHER
November 6, 2009 -
The market opened lower and was never able to dig itself out of a deep hole. Prior to the open, traders had to swallow . . .
(Read Full Article)..
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SLIGHTLY BULLISH EIA DATA
November 5, 2009 -
December futures managed a gain in Thursday’s trading, but it wasn’t enough to offset Wednesday’s losses. The EIA reported a build . . .
(Read Full Article)..
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SLIP SLIDIN’ AWAY
November 4, 2009 -
It seems as though the natural gas market can’t buy a day’s gain. Even with help from a positive equity market . . .
(Read Full Article)..
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BULLS NEED A RALLY
November 3, 2009 -
Prices opened unchanged, but bulls were able to lift the market off noon lows to a solid gain as economic data . . .
(Read Full Article)..
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UPTREND IN DOUBT
November 2, 2009 -
The market opened lower, was unable to reach positive territory and steadily ground lower closing at the low end of the day’s range. Traders noted there was little . . .
(Read Full Article)..
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HOLDING TIGHT
October 30, 2009 -
The market opened firm, made an attempt to breach $5, but at the end of the day settled only slightly lower to end the day still above . . .
(Read Full Article)..
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BUILD NOT SO BULLISH
October 29, 2009 -
The market managed to hold steady with the prompt December contract inching lower and the remainder of the board closing higher. The EIA reported an injection . . .
(Read Full Article)..
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DOUBLE DIGIT LOSS
October 28, 2009 -
November futures went out with a bang as the market opened slightly higher, but aggressive selling soon set in and prices had to survive . . .
(Read Full Article)..
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SMALL GAIN
October 27, 2009 -
November futures opened on a strong note but had difficulty breaking out of a relatively narrow 8 cent trading range. Prices hovered just above $4.50 as . . .
(Read Full Article)..
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SWAN DIVE
October 26, 2009 -
Prices opened sharply lower and most of the day’s losses were in place early in the trading session. Weakness in . . .
(Read Full Article)..
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DOUBLE DIGIT LOSS
October 23, 2009 -
November futures opened above $5 and it looked for a moment that the market might be poised to . . .
(Read Full Article)..
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MARKET UNMOVED BY EIA STATS
October 22, 2009 -
The day’s trading looked at first as though it was tailor made for a healthy advance. Prices did open slightly lower, but the market tested . . .
(Read Full Article)..
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LATE SESSION SWOON
October 21, 2009 -
At first it looked like futures were poised to post a solid gain, but just prior to the close . . .
(Read Full Article)..
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BIG ADVANCE
October 20, 2009 -
Futures opened above the key $5 level, hesitated only once, and marched higher to close at the high end of the day’s range. Short term traders . . .
(Read Full Article)..
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MODEST GAINS
October 19, 2009 -
November opened higher and managed to finish the day in positive territory. Traders cited near term . . .
(Read Full Article)..
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WEATHER MARKET
October 16, 2009 -
Prices were on the march higher from the opening bell, and posted a strong advance closing near the high end of the day’s range. Observers attributed . . .
(Read Full Article)..
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DOLLAR, OIL MARKETS IN PLAY
October 15, 2009 -
Bulls were greeted to a positive open, but trading activity on a Thursday typically holds its breath until the 10:30 ET release of EIA inventory figures.
(Read Full Article)..
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CONTINUED WEAKNESS SEEN
October 14, 2009 -
Prices opened at the high of the day and traded lower throughout the day to the tune of a steady grind. Traders cited . . .
(Read Full Article)..
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NEAR TERM WEATHER SUPPORTIVE
October 12, 2009 -
The day’s gains were mostly in place prior to the start of trading, but natural gas bulls managed to grab the reins and push prices . . .
(Read Full Article)..
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SETBACK FOR BULLS
October 9, 2009 -
After valiantly trying to hold on to Thursday’s gains, prices succumbed by midsession and started a protracted trek lower. Short term traders thought . . .
(Read Full Article)..
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REACHING FOR $5
October 8, 2009 -
Traders were clearly on edge in anticipation of the EIA inventory report. Prices opened about 9 cents higher but quickly . . .
(Read Full Article)..
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SMALL GAIN
October 7, 2009 -
In a pattern similar to Tuesday the market traded at its high for the day right at the open, and began the session up 12 cents but couldn’t hold on. $5 once again proved insurmountable, and those . . .
(Read Full Article)..
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$5 FAILURE
October 6, 2009 -
The market scored its high for the day right at the open, beginning the session up a stout 12 cents but . . .
(Read Full Article)..
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TWO IN A ROW
October 5, 2009 -
The November contract opened unchanged, but from there staged an impressive advance to close at . . .
(Read Full Article)..
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SHORT COVERING RALLY
October 2, 2009 -
Futures registered a small decline before the open when soft employment data was released, but upon the open of floor trading prices began . . .
(Read Full Article)..
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OFF A CLIFF
October 1, 2009 -
November futures had the trajectory of a safe falling from a ten-story window as a mildly bearish inventory report combined with a bevy of . . .
(Read Full Article)..
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CRUDE SURGE NO HELP
September 30, 2009 -
November futures opened sharply lower and posted the day’s low in early trading. On intraday charts price action showed . . .
(Read Full Article)..
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IMPRESSIVE RECOVERY
September 29, 2009 -
The market opened sharply lower, but shortly after the open staged a formidable rally of 35 cents before making a retreat before the close. Much to the delight of the bulls . . .
(Read Full Article)..
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MARKET STUMBLES
September 28, 2009 -
All the bullish enthusiasm of the prior week couldn’t bring the market to a positive settlement on today’s expiration of the October contract. Prices fell . . .
(Read Full Article)..
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POSITIVE FINISH
September 25, 2009 -
After spending much of the day in negative territory, October futures staged a 15 cent rally in the final hour to climb into positive territory. The early negative tone was . . .
(Read Full Article)..
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OCTOBER GRINDS HIGHER
September 24, 2009 -
The market opened cautiously lower perhaps anticipating a rerun of last Thursday which saw prices zoom higher and . . .
(Read Full Article)..
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TRADERS SEE $4.20 TARGET
September 23, 2009 -
October futures posted a higher open and never looked back throughout most of the day’s trading. Prices breached short-term resistance at . . .
(Read Full Article)..
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NOVEMBER STRENGTH
September 22, 2009 -
After a strong open the market traded in no clear direction barely surpassing Monday’s highs and lows. It did manage to . . .
(Read Full Article)..
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RETREAT
September 21, 2009 -
Prices opened lower, posted the lows of the day early, rallied, but fell again scoring a solid double digit loss for the bears. In spite of the day’s decline . . .
(Read Full Article)..
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RUSH TO COVER
September 18, 2009 -
Prices opened higher, momentarily dipped, and then began a steady advance to close near the high end of the day’s range. Currently fundamentalists argue that . . .
(Read Full Article)..
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END OF THE SQUEEZE?
September 17, 2009 -
Prices opened slightly lower and with only one significant interruption declined throughout the day. The EIA reported . . .
(Read Full Article)..
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BIG ADVANCE
September 16, 2009 -
Hefty gains were already in the cards at the open as the market began trading nearly 20 cents higher. Short term traders noted a desire by . . .
(Read Full Article)..
(view graph/chart)
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SMALL GAIN
September 15, 2009 -
Natural gas futures see-sawed throughout a volatile 34 cent trading range but October managed to carve out . . .
(Read Full Article)..
(view graph/chart)
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UP AGAIN
September 14, 2009 -
Prices started advancing from the opening bell and ended up finishing at the high end of the day’s range. Technical analysts were not yet ready to call a market bottom when
(Read Full Article)..
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RETREAT
September 11, 2009 -
Prices hit the highs of the day shortly after the open and began a steady slide from there closing at the low end of the day’s range. Short term traders . . .
(Read Full Article)..
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METEORIC RISE
September 10, 2009 -
After the open prices sagged as traders were expecting a build in natural gas inventories above seasonal trends. The first surprise came in the form of the . . .
(Read Full Article)..
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FAILED RALLY
September 9, 2009 -
Prices opened strong and at first it looked like a healthy advance was in the cards. Prices made a textbook intraday technical double top before plunging late in the session to close in positive territory. Even with the strength shown in recent sessions . . .
(Read Full Article)..
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SUPPORT HOLDS
September 8, 2009 -
Short term traders contended that natural gas got most of its price direction from crude oil. Although major technical support held, a widening of the October-November spread was still . . .
(Read Full Article)..
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SPREAD TRADERS TAKE PROFITS
September 4, 2009 -
What seemed like a meteoric market move was simply spread traders booking gains, according to traders. In recent days moves in the October November spread were . . .
(Read Full Article)..
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SELLING BECAUSE THEY CAN
September 3, 2009 -
Natural gas bears got further confirmation of just how weak the natural gas market is when an inventory report about in line with expectations prompted selling which took prices to the low end of the day’s range.
(Read Full Article)..
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HEAVY FUND SELLING
September 2, 2009 -
October futures actually opened slightly higher but were unable to withstand heavy selling volume. Short term traders suggested people were playing the widely noted . . .
(Read Full Article)..
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FREEFALL CONTINUES
September 1, 2009 -
The market opened lower again as traders elected to focus on weakness in equity and crude oil markets. The release of positive economic data was not enough to . . .
(Read Full Article)..
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NEW LOW TERRITORY
August 31, 2009 -
October futures opened sharply lower solidly under $3. Traders pointed to the usual suspects of a lack of weather, an uninspired tropical season so far, and plump storage, but others . . .
(Read Full Article)..
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OCTOBER FALLS OUT OF THE GATE
August 28, 2009 -
October trading got off to a rough start with a weak open and was never able to trade above unchanged. Prices finished at the low end of the day’s range suggesting . . .
(Read Full Article)..
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WEAK EXPIRATION
August 27, 2009 -
August limped off the board posting a moderate loss as government inventory figures came in slightly bearish. The EIA reported a build of . . .
(Read Full Article)..
(view graph/chart)
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SMALL GAIN
August 26, 2009 -
Today was another ho-hum trading session, and although tropical activity has kicked up again futures traders . . .
(Read Full Article)..
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DOWN A LITTLE
August 25, 2009 -
In the eyes of short term traders today’s activity was lackluster. Prompt futures were limited to a miserly 10 cent range, and traders cited . . .
(Read Full Article)..
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OPTIONS STRATEGIES IN PLAY
August 24, 2009 -
September futures opened about unchanged but were able to put together a healthy advance and ended up settling near the high end of the day’s range.
Traders suggested that . . .
(Read Full Article)..
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CATCH A FALLING KNIFE
August 21, 2009 -
Prices opened unchanged but continued selling pressure by funds and managed accounts helped push prices to new low territory. Traders noted . . .
(Read Full Article)..
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NOW BELOW $3
August 20, 2009 -
Natural gas bulls had a brief moment in the spotlight at the release of inventory data, but any bullish tone quickly evaporated.
(Read Full Article)..
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SLIGHT GAIN
August 19, 2009 -
The oft mentioned link between natural gas prices and oil was tested in today’s trading. Oil vaulted higher on . . .
(Read Full Article)..
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ANOTHER DECLINE
August 18, 2009 -
Prior to the open traders had to endure two economic reports failing to show any strength in the economy. Housing starts and producer prices . . .
(Read Full Article)..
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ECONOMIC FACTORS TAKE FRONT ROW
August 17, 2009 -
Early weakness in foreign equity markets rattled into U.S. financial markets and natural gas traders elected to . . .
(Read Full Article)..
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NATGAS FOLLOWS CRUDE LOWER
August 14, 2009 -
Prices continued their downward trek, but traders attributed much of the weakness to crude oil and the . . .
(Read Full Article)..
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STORAGE DATA NO HELP
August 13, 2009 -
Prices retreated once again as a somewhat supportive inventory report was more than offset by the breakup of . . .
(Read Full Article)..
(view graph/chart)
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STILL LOWER
August 12, 2009 -
Natural gas futures fell as traders continued to press the sell side of the market often utilizing bear spreads. Longer term analysts remain . . .
(Read Full Article)..
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NO STORM RESPONSE
August 11, 2009 -
The emergence of a tropical depression in the Atlantic Basin had little impact on Tuesday’s natural gas futures trading. Prices fell. Traders compared the storm to . . .
(Read Full Article)..
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SLIGHT LOSS
August 10, 2009 -
Natural gas futures suffered a mid-session fall and were never able to trade above unchanged in uninspired trading Monday. Heat-driven weather factors . . .
(Read Full Article)..
(view graph/chart)
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WEAK EIA DATA
August 06, 2009 -
Natural gas bulls received a stunning setback in Thursday’s trading as the government reported a greater increase in inventories than traders were expecting.
(Read Full Article)..
(view graph/chart)
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MODEST GAIN
AUGUST 5, 2009 -
Natural gas traders were content to follow a strong crude oil market which rebounded smartly off session lows following the release of generally . . .
(Read Full Article)..
(view graph/chart)
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HARD TO BE BEARISH
AUGUST 4, 2009 -
Natural gas bulls survived an early dose of weak economic data as the Commerce Department reported personal income figures . . .
(Read Full Article)..
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BIG GAINS
AUGUST 3, 2009 -
An early report apparently on a China purchasing managers index was enough to prompt hefty gains in oil and natural gas futures. September natural gas soared to . . .
(Read Full Article)..
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CRUDE UP, GAS DOWN
July 31, 2009 -
Natural gas futures were fighting an uphill battle all day as early economic data on GDP prove unsupportive. Although crude oil seemed able to ignore the unfavorable figures and . . .
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HELP FROM CRUDE, EQUITIES
July 30, 2009 -
September futures opened higher, posted an early low, and once the inventory report was released began a . . .
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FOLLOWING CRUDE LOWER
July 29, 2009 -
Natural gas futures opened lower and really never had a chance to move higher as an unsupportive petroleum inventory report not only weighed on the petroleum complex but also . . .
(Read Full Article)..
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WEAK ECONOMIC DATA
July 28, 2009 -
Prices started their trek lower before the open of floor trading as weak chain store sales and later consumer sentiment data dealt a blow to the case for . . .
(Read Full Article)..
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WELL OFFERED
July 27, 2009 -
Prices were confined to a narrow 9 cent range as traders noted little opportunity for prices to advance due to numerous . . .
(Read Full Article)..
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REBOUND
July 24, 2009 -
Prices opened up at the low end of its range and managed to sustain a strong advance before ending the day at the . . .
(Read Full Article)..
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BIG DROP
July 23, 2009 -
Prices opened on a firm note but after the release of inventory data, the market was on a one-way path lower. The EIA reported a build of 66 Bcf, right in line with wire service surveys, but . . .
(Read Full Article)..
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STILL GAINING
July 22, 2009 -
Prices opened stoutly lower, but that proved to be the low of the day, and from there natural gas prices showed a general tendency to . . .
(Read Full Article)..
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INCHING HIGHER
July 21, 2009 -
Prices opened lower and traded within a narrow 12 cent range in lackluster trading. No new fundamental news surfaced, but on the economic front . . .
(Read Full Article)..
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SMALL GAIN
July 20, 2009 -
Prices opened slightly higher but soon started a precipitous decline. Before it was over prices had dropped 15 cents but gains in crude oil . . .
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BASICALLY UNCHANGED
July 17, 2009 -
August futures opened lower, but soon after it looked like August was poised to make another advance on the heels of Thursday’s healthy rise.
(Read Full Article)..
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BIG ADVANCE
July 16, 2009 -
Prices opened a shade higher but from there posted a non-stop advance to close at the high of the day. In the mix was not only the EIA storage figures . . .
(Read Full Article)..
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RETREAT
July 15, 2009 -
Prices opened sharply higher but scored the day’s high early in the session and from there it was all downhill. A seemingly helpful petroleum inventory report . . .
(Read Full Article)..
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MODELS POINT LOWER
July 14, 2009 -
Prices opened higher and posted a healthy advance before closing at the high end of the day’s range. Traders noted that . . .
(Read Full Article)..
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NERVOUS SELLERS
July 13, 2009 . . .
Prices opened lower and the open turned out to be the high of the day. Although traders continue to view the market as weak and . . .
(Read Full Article)..
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SUMMER DOLDRUMS
July 10, 2009 - Traders noted a general malaise and little interest in trading as prices drifted within a narrow 5 cent range. The consensus of short term traders is that . . .
(Read Full Article)..
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BULLISH EIA DATA
July 9, 2009 -
August futures opened higher but soon posted the low of the day in the moments before the release of EIA inventory data. Following the release of storage figures . . .
(Read Full Article)..
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SEARCHING FOR A BOTTOM
July 8, 2009 -
Prices opened lower but remained confined to a relatively narrow range. The release of bearish petroleum supply figures prompted a healthy . . .
(Read Full Article)..
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RALLY OR ELSE
July 7, 2009 -
August futures did manage to open higher but it turned out to be just a head fake and prices finished in the loss column. Short term traders . . .
(Read Full Article)..
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WEAKNESS CONTINUES
July 6, 2009 -
August futures opened about 20 cents lower and had to make an uphill slog just to trim losses. Economic data was not helpful, . . .
(Read Full Article)..
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WEAK EMPLOYMENT DATA
July 2, 2009 -
Traders had to deal with two important reports, one of which appeared supportive and the other not. Prices nonetheless posted a sizeable retreat. Prior to the open of floor trading . . .
(Read Full Article)..
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DRIFTING LOWER
July 1, 2009 -
Prices weakened yet traders noted that natural gas futures experienced less of a loss than other energy contracts. Little impact was noted from an oil . . .
(Read Full Article)..
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DOWN AGAIN
June 30, 2009 -
Futures again glided lower as traders admitted that weather factors offered no immediate market support, but contended that prices were . . .
(Read Full Article)..
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BEARS SEIZE CONTROL
June 29, 2009 -
August futures undertook a forced march lower as traders could find no bullish factors to support prices. The ongoing bearish argument of abundant supplies and lack of demand . . .
(Read Full Article)..
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LACK OF CONVICTION
June 19, 2009 -
Prices were relegated to a narrow 12 cent range Friday, but bears enjoyed the upper hand with July futures losing over 6 cents. Short term traders . . .
(Read Full Article)..
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BEARISH EIA REPORT POUNDS FUTURES
June 18, 2009 -
The bears drew a couple of lines in the sand, and the bulls had to at least momentarily back off. The EIA reported a stout injection of 114 Bcf, well above expectations in the . . .
(Read Full Article)..
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REBOUND OFF THE LOWS
June 17, 2009 -
Prices opened slightly lower and were dealt a momentary blow when a petroleum inventory report proved . . .
(Read Full Article)..
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SLIGHT SETBACK
June 16, 2009 -
July futures discovered early in the day that the rarefied air upwards of $4.30 was too thin and prices began . . .
(Read Full Article)..
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MOMENTUM DRIVEN ADVANCE
June 15, 2009 -
Prices jumped higher even before the open of floor trading and never looked back. Traders scouring weather reports and any kind of strength in the oft-mentioned crude and equity markets were . . .
(Read Full Article)..
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REPORT-DRIVEN SHORT COVERING
June 11, 2009 -
Futures emerged out of their shell of lackluster trading from the last few days and moved sharply higher. Traders responded to a slightly bullish EIA inventory report showing injections of 106 Bcf, . . .
(Read Full Article)..
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NO DIRECTION
June 10, 2009 -
Prices moved in lackluster fashion within a modest 13 cent trading range, and ignored hefty gains in crude oil. Prices settled . . .
(Read Full Article)..
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LITTLE CHANGE
June 9, 2009 -
The market opened strong, but prices quickly fell to the lows of the day early in the session, and the remainder of the day’s trading was a struggle to . . .
(Read Full Article)..
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DOWN AGAIN
June 8, 2009 -
Prices established the lows and the highs of the day early in the trading session and remained stuck in negative territory until the closing bell. Short term traders suggest that for the moment . . .
(Read Full Article)..
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MODEST GAIN
June 5, 2009 -
Prior to the open of floor trading natural gas prices were off to the races following the release of supportive government employment figures. Short term traders see . . .
(Read Full Article)..
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REBOUND OFF THE LOWS
June 4, 2009 -
Natural gas bears were hoping that the release of EIA storage figures might provide fuel for a continuation of Wednesday’s 35.4 cent trek lower in the July contract.
(Read Full Article)..
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FREE FALLIN’
June 3, 2009 -
Futures prices reversed course from the sharp gains posted on Monday and had the trajectory of a . . .
(Read Full Article)..
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MARKET LOW IS IN
June 2, 2009 -
Prices opened about 3 cents lower and continued to trade lower throughout the day. After see-sawing lower, prices settled squarely in the loss column, but . . .
(Read Full Article)..
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UP AND AWAY
June 1, 2009 -
Bulls were in control from the opening bell, as prices had already staged over a 15 cent gain in overnight trading. Prices finished the day sharply higher. Short term traders suggested that . . .
(Read Full Article)..
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RETREAT
May 29, 2009 -
It looked like the bulls were going to firmly take control of the market when prices opened over 12 cents higher. The day’s descent began with the release of . . .
(Read Full Article)..
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BIG GAINS
May 28, 2009 -
July futures jumped higher in response to inventory figures somewhat less than the market had been anticipating, but traders noted that . . .
(Read Full Article)..
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LIGHT EXPIRATION TRADING
May 27, 2009 -
The last day of trading in the June contract proved uninspired as prices were limited to a narrow 12 cent trading range. Prices made their lows . . .
(Read Full Article)..
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SHORT COVERING SEEN
May 26, 2009 -
Prices fell sharply at the open putting in the low of the day’s range early in the trading session. Crude oil and equities markets gained when favorable economic numbers were released and . . .
(Read Full Article)..
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DOWN AGAIN
May 22, 2009 -
Natural gas futures continued lower in light pre-holiday trading carving out only a 9 cent range and settling near the low end of the day’s range. Risk managers . . .
(Read Full Article)..
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STOUT BUILD PROMPTS PRICE DROP
May 21, 2009 -
The market gave a hint of what was to come when it opened sharply lower. An oversupplied market became even more burdened with the release of . . .
(Read Full Article)..
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RANGEBOUND MARKET
May 20, 2009 -
Following Tuesday’s pattern natural gas futures opened lower, but this time was able to follow in crude’s footsteps and post . . .
(Read Full Article)..
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DOWN, DOWN, DOWN
May 19, 2009 -
Natural gas futures opened lower and in spite of a strong crude market fell relentlessly throughout the session. Short term traders suggested that the market was anticipating . . .
(Read Full Article)..
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MODEST GAINS
May 18, 2009 -
Natural gas futures managed a modest gain trading somewhat on the coattails of stronger crude oil. Oil markets were stronger as traders perceived a strengthening economy in spite of . . .
(Read Full Article)..
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FOLLOWING CRUDE
May 15, 2009 -
Natural gas prices opened lower and generally followed the decline in crude oil prices throughout the day. The markets keyed in on economic reports showing that . . .
(Read Full Article)..
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SELLERS READY
May 14, 2009 - Prices opened nearly 20 cents lower and remained mired in a deep loss until the release of government inventory data. The report showed . . .
(Read Full Article)..
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DIFFICULT RALLIES
May 13, 2009
June futures posted their high early in the session, but by mid-session began a one-way slide and ended the day squarely in the loss column. Traders noted that . . .
(Read Full Article)..
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SOLID GAINS
May 12, 2009 -
Natural gas futures posted a double digit opening gain but quickly succumbed to an early session drubbing which took prices down close to unchanged. A subsequent advance was considered . . .
(Read Full Article)..
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DULL DAY
May 11, 2009 -
Monday’s trading couldn’t match the action of Friday’s 23 cent advance, and futures remained in about a . . .
(Read Full Article)..
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BULLS IN CONTROL
May 8, 2009
Natural gas futures managed to score a healthy gain as employment numbers came in somewhat better than expected, and . . .
(Read Full Article)..
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EXUBERANCE
May 7, 2009 -
It was a wild day of trading as prices opened higher, but upon the release of government inventory figures which were . . .
(Read Full Article)..
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BIG GAINS
May 6, 2009 -
The June contract made a sustained advance throughout the day mirroring the gains in crude oil. Traders cited a natural gas pipeline explosion, but others said . . .
(Read Full Article)..
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OUT OF GAS
May 5, 2009 -
Natural gas futures ran out of momentum to the upside and settled lower on the day. Prices made their high early and not long after the open had . . .
(Read Full Article)..
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TWO IN A ROW
May 4, 2009 -
Natural gas futures opened on the lows of the day and staged a consistent advance throughout the day closing at the high end of the day’s range. Price movements in natural gas mirrored . . .
(Read Full Article)..
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UP DAY
May 1, 2009 -
Natural gas futures opened about 4 cents higher, and although Globex trading was interrupted, prices managed to close . . .
(Read Full Article)..
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