Tuesday, February 23, 2021 1:04 PM EDT
On the Natural Gas front, tomorrow is Last Trading Day on the March contract. The market may pull back with temperatures heading above freezing. And we could see peaks and valleys rallies and breaks as Texas works back to get back on-line. This is the perfect time to bring up these two scenarios’, when your government is selling and or high-pressured sales tactics to use 3rd rate wares in solar and wind power while natural gas is the only proven staple to provide electricity other than coal when the power grid is stressed to the max but survives because it can restart while you are waiting for the sun to come out or the wind to blow. In the overnight electronic session, the April natural gas is currently trading at 2.976 which is .060 lower. The trading range has been 2.932 to 2.860.
Disclaimer: A Subsidiary of Price Holdings, Inc. – a Diversified Financial Services Firm. Member NIBA, NFA Past results are not necessarily indicative of future results. Investing in ...
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Disclaimer: A Subsidiary of Price Holdings, Inc. – a Diversified Financial Services Firm. Member NIBA, NFA Past results are not necessarily indicative of future results. Investing in futures can involve substantial risk of loss & is not suitable for everyone. Trading foreign exchange also involves a high degree of risk. The leverage created by trading on margin can work against you as well as for you, and losses can exceed your entire investment. Before opening an account and trading, you should seek advice from your advisors as appropriate to ensure that you understand the risks and can withstand the losses. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or futures. The Price Futures Group, its officers, directors, employees, and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. Reproduction and/or distribution of any portion of this report are strictly prohibited without the written permission of the author. Trading in futures contracts, options on futures contracts, and forward contracts is not suitable for all investors and involves substantial risks.
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