RBC U.S. Banks Yield (CAD Hedged) Index ETF T.RUBH

Gas

[ANALOG GUY]

Gas at $2.23

Should be a Huge draw tomorrow, but with all the gas in storage and the mild forecast I think any strength will be short lived 

next week it will be struggling to stay above $2 is my guess

[InvrsContrarian]

Bought at 6.82 sold hnu @6.89 +210 Up and down. This market can be swift today and then has a lull. Testing my patience. 

[ANALOG GUY]

Huge draw of 326 BCF, and gas falls 3 cents  $2 next week is still my prediction 

[InvrsContrarian]

Bought 250 Hnd 73.70

[InvrsContrarian]

Out at 76.79 +772. See you tomorrow.... 

[ANALOG GUY]

Excellent trade I'm waiting for $100 next week :) Should have doubled down  at $70 but you know, Shoulda Coulda Woulda!  [img]https://[/img]  

[InvrsContrarian]

This week's report shows an increase in supply about 5cf supply report Second graph down under supply table.......... Plus the working natural gas table shows only the 5 year max average. It's so bad they didn't include the 5 year minimum average. Still playing the daily game. I don't want a repeat of November show. So the new normal is playing the 5 year max average line and where

[InvrsContrarian]

Also with nat gas being cheap, more demand will have to be filled. We've seen a jump in nat gas electricity the last few years replacing coal. If anything we may see the more gas the better but at a stable price maybe $2-3 range for the next few years.. power sector I'm thinking the demand will be met if needed, all they'd have to do is drill more horizontal wells to supply the

[InvrsContrarian]

Ok ok the working underground storage graph is sophisticated, you can control the lines by clicking on the legend and de/activated them . But either way with increased demand, I think the states would be better. Off with higher storage for cases like last week with that huge draw and new power generation using nat gas. 

[ANALOG GUY]

Stopping new export LNG projects means more gas will be left onshore and thus holding down prices imo  https://www.theguardian.com/us-news/2024/jan/26/biden-delays-cp2-louisiana-lng-export-project

[ANALOG GUY]

Bot 4000 at 6.04 Sold 4000 2 minutes later at 6.10 Needed a little adrenaline this morning +$240

[InvrsContrarian]

Good trade. Bought 3000@6.10 sold at 6.12 +90 I put In a stick bid for Hnd and missed by 10¢ and missed that drop in price. Missed a $1000 trade. Well I got errands to do today good luck and see you Monday