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While natural gas futures sold off today (like many other commodities), Henry Hub gas spot...

While natural gas futures sold off today (like many other commodities), Henry Hub gas spot prices rose 1%. That helped some natural gas names rally on a down day. CHK +2%. APL +1.8%. OKS +1.2%. EROC +1.2%.
Comments (4)
  • Mike Maher
    , contributor
    Comments (2648) | Send Message
     
    The hot summer on the East Coast is exactly what natural gas bulls needed to start eating into some of the supply. A stronger global economy would help too, but that may not be in the cards.
    6 Jul 2012, 05:04 PM Reply Like
  • Shipwreck
    , contributor
    Comments (6) | Send Message
     
    After another hot week for most of the Eastern half of the country this week I expect next weeks report to be closer or at draw down amounts.

     

    http://bit.ly/ofCrGW
    6 Jul 2012, 05:12 PM Reply Like
  • HoeTamer
    , contributor
    Comments (186) | Send Message
     
    Looks like my gamble....I mean...investment...in CHK is going to pay off.
    6 Jul 2012, 06:19 PM Reply Like
  • Chris Bersaw
    , contributor
    Comments (600) | Send Message
     
    Natural gas has been rising mostly on short covering but with today's key reversal on a spike in volume crossed the T in short-term top, now its time for the correction which should take prices to around 2.500 especially if the new resistance seen at 2.816 caps upside attempts.
    6 Jul 2012, 07:30 PM Reply Like
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