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AltaGas Ltd T.ALA

Alternate Symbol(s):  AGASF | ATGAF | ATGFF | T.ALA.PR.A | T.ALA.PR.B | T.ALA.PR.G | T.ALA.PR.H | ATGPF

Utilities Utilities - Regulated Gas Utilities
AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.


TSX:ALA - Post by User

AltaGas Ltd
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(1267)
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Comment by Vega1357on Apr 07, 2020 11:34am
195 Views
Post# 30886711

RE:RE:Swing trade

RE:RE:Swing trade
Fantome wrote:
marketsense wrote: Day traders are swing trading this market and selling the spikes.   It is nothing more than that.
Fundamentals are irrelevant at this point in time IMO.  Volatilliy is a consequence of uncertainty
and there is still a lot of uncertainty out there.   Got a long way to go before this is all resolved.

Yep...

Case in point...

I mentioned in an earlier post that Jamie Dimon Chairman of JPM yesterday talked about a significant recession which could last until the end of the year.

I just read that two of his researchers said on Friday that everything was good and the S&P should hold at current levels and we have seen the bottom of the market

Two opposite views on consecutive days from the same outfit!!!


I am sure one of them will be right..but the question is..which one???

This illustrates the uncertainty in the market and the wild swings we are seeing...



"It don't mean a thing if you ain't got that swing." --- Duke Ellington.

 

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