We’ve talked not so long ago about Natural Gas becoming boring, if not an outright flight to quality trade for many (in the Jap Yen, it can’t go any lower mold), but it didn’t used to be that way. The term Natural Gas futures used to scare traders silly – with double digit percentage gains/losses in a day not all that rare.
Well – all it took to bring that back was a polar vortex plunging a big portion of the US into bitter cold (like, -20 below wind chill cold in Chicago), and Natural Gas shooting upwards, with a 19% range this week as it tacked on a gain of 9.4% today {past performance is not necessarily indicative of future results}. This is on top of gains in November and December – and is just the kind of move momentum traders love to see. CTA’s that we work with currently long Natural Gas and cheering on the cold temperatures include: Covenant, Quantum Leap, Brandywine Symphony, and Sona Trading.
So… while everyone else will likely be talking about the Dow’s back to back days losing about 500 points – we can help but give a little love to Natural Gas with a special Nat Gas edition of our weekend reads:
- Natural Gas Volatility Exploding — (Attain Capital)
- CNN talked Natural Gas highs and made mention of one of our Natural Gas Tweets — (CNN)
- Natural Gas Tops $5 for First Time Since 2010 — (Wall Street Journal)
- This guy was calling for $8 Nat Gas in 2012. He was off by a year but looks right now… low prices reliant on warm winters: — (Forbes)
- Fun Facts for Natural Gas — (Spectra Energy)
- Big gains for natural gas fuel big losses for hedge funds — (Reuters)
- Arctic Cold Cuts Fuel Supplies as Refineries to Pipelines Freeze — (Bloomberg)
- You think Nat Gas is bad… Propane prices doubled in two days — (Press Citizen)
For those of you new to the Natural Gas conversation, We happen to talk Nat Gas on our blog quite a bit, it turns out…
Back in March, Natural Gas was stuck in a trading range of between $2 and $6 for 5 years.
2. The Oil/Nas Gas Slide Continues
The impressive decline of the spread between Crude Oil and Natural Gas in 2012.
3. Nat Gas: Return of the Widowmaker?
We stack up and compare Nat Gas average daily moves percentages with largest daily move percentages.
4. “Sky High Talk on Low Natural Gas Prices”
Someone (who wanted to remain anonymous) with 35 years of experience in the natural gas industry, shares his insights.
5. Natural Gas 2011 Yearly Performance
The yearly performance of Natural Gas Futures along with the other futures contracts back in 2011.
6. The Curious Case of Natural Gas
Would T. Boone Pickens natural gas legislation provide more supply to the industry, and therefore push down prices, or would the markets not follow supply and demand rules?
7. Natural Gas Price Increase a Natural Result?
Would the T. Boone Pickens legislation change the landscape of not only the natural gas industry, but also the Crude Oil industry as well? Look and find out.
8. Natural Gas 2010 Yearly Performance
The yearly performance of Natural Gas Futures along with the other futures contracts back in 2010.