Post by
marketsense on Oct 25, 2022 5:07pm
Stuck
All the NG producers were stuck in neutral today. BIR hardly budged and NG up almost
10% today. My beta theory for BIR looks like a joke right now but its still early days
before winter sets in. Are buyers waiting on the BOC decision tomorrow before
jumping on board? Trading volumes on BIR were heavy but no price movement.
Looks like a lot of instutional repositioning going on IMO.
Comment by
DaveE92 on Oct 26, 2022 8:57pm
Above average temps for the East Coast of USA till Nov 8. Once the temps drop you will see NG move up.