RE:RE:RE:RE:DGAZ going to 30$Oil stocks are going to have some really bad earnings in the 1st Q 2016 because of the el nino and the glut of Opec and US shale glut. It is still too early to bottom fish on energy stocks.
I would say that D products have more upside and U products have lots of downside.
The trend is there in NG futures as the storage is high and will remain high for the rest of the winter and end up at record high coming into the spring shoulder season due to a well freeze off period that will not happen at all.
Bottom for energy prices and stocks will be April or May IMHO.