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Chris Bersaw

Chris Bersaw
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  • Real Chance Natural Gas Storage Dips Under 1 Trillion Cubic Feet [View article]
    Yet prices are lower by 14 cents despite the supportive weather, would hate to be long when we have unsupportive weather.
    Mar 31, 2014. 12:03 PM | Likes Like |Link to Comment
  • Natural Gas Production Must Increase Dramatically To Refill Inventories [View article]
    Weather trending warmer for the first week of April is what's likely chasing away NG longs.
    Mar 21, 2014. 09:40 PM | Likes Like |Link to Comment
  • On the hour [View news story]
    No. Key reversal is an open over prior day high and close under the low which did not happen today with S&P500. Nasdaq 100 price action is very close to a key reversal however.
    Mar 21, 2014. 07:03 PM | 1 Like Like |Link to Comment
  • Natural Gas Production Must Increase Dramatically To Refill Inventories [View article]
    Could see 4.250 before prices attempt to stabilize or perhaps NG wants to challenge 4.000 again?
    Mar 13, 2014. 09:13 PM | 1 Like Like |Link to Comment
  • Drought Fears Propel Coffee Prices Higher, Rains In Brazil Key Over Next Few Weeks [View article]
    While I like your numbers, first thing first, coffee needs to successfully challenge resistance around 1.800 but the fact market hasn't sold off yet is encouraging.
    Feb 26, 2014. 02:52 PM | Likes Like |Link to Comment
  • Drought Fears Propel Coffee Prices Higher, Rains In Brazil Key Over Next Few Weeks [View article]
    Large specs are net LONG coffee, the other article you mention is incorrect.
    Feb 26, 2014. 02:46 PM | Likes Like |Link to Comment
  • The Brazilian Drought Is Over [View article]
    The futures only COT shows large specs even more net long, 25134 then when considering options.
    Feb 24, 2014. 09:49 PM | Likes Like |Link to Comment
  • The Brazilian Drought Is Over [View article]
    COT Data week ending 2/18 published on 2/21 including both fut/options.

    Managed money long: 43608
    Managed money short: (19317)
    net position: 24291

    Data shows combination of short covering AND new buying as shorts flip LONG, prices are prone to profit-taking from recent gains however.
    Feb 24, 2014. 08:04 PM | 2 Likes Like |Link to Comment
  • The Brazilian Drought Is Over [View article]
    Commercials are net SHORT because managed money is net LONG. That's how futures markets work, Commercials, or hedgers, transfer price risk to the speculators who reap the gains (or losses).
    Feb 24, 2014. 07:38 PM | 1 Like Like |Link to Comment
  • The Brazilian Drought Is Over [View article]
    Not quite, large specs are net LONG highest since 2010.
    Feb 24, 2014. 07:26 PM | Likes Like |Link to Comment
  • Investors rush back into stocks [View news story]
    The retail lambs being led to slaughter?
    Feb 22, 2014. 11:39 AM | Likes Like |Link to Comment
  • Real Chance Natural Gas Storage Dips Under 1 Trillion Cubic Feet [View article]
    Best to wait for a pull back, market is bit over extended at these levels.
    Feb 18, 2014. 08:57 PM | 1 Like Like |Link to Comment
  • Real Chance Natural Gas Storage Dips Under 1 Trillion Cubic Feet [View article]
    Yes and April becomes the lead month which is interesting since March is trading 82.3 cents over April.
    Feb 18, 2014. 07:06 PM | Likes Like |Link to Comment
  • Real Chance Natural Gas Storage Dips Under 1 Trillion Cubic Feet [View article]
    Sure looks that way to me.
    Feb 18, 2014. 06:49 PM | Likes Like |Link to Comment
  • Real Chance Natural Gas Storage Dips Under 1 Trillion Cubic Feet [View article]
    Not only did the pre-holiday gains hold but April put in a new contract high with March not too far behind, looks bullish.
    Feb 18, 2014. 06:46 PM | Likes Like |Link to Comment
COMMENTS STATS
618 Comments
315 Likes