Laughing

Is the Commodity Bull Market Over?

CHK pulled back just last week from $55 to $48 and change, that was your pullback and you should have bought it there. I've had heavy exposure to NG for years and it is finally paying off. In fact based on the price of NG, compared to the price of oil and compared to the price of it in other countries, its very undervalued. The US Dollar does not move NG either since it is a local commodity only, meaning we don't import/export it. What moves it is usage, domestic supply, weather, and to a lesser extent, the price of related energies, namely oil. Some will say that the shoulder season is beginning so NG is due for a pullback, I say its undervalued so no pullback will happen this year and if we see an active hurrican season in the Gulf of Mexico this summer it will definitely skyrocket.