Natural Gas

[winston]

Get Out of This Trade Right Now

By Jeff Clark

At $3.24 per MMBtu, natural gas is trading at its highest price in almost two years. But over the past few months, as the price of natural gas has made higher highs, the MACD indicator has remained below its previous high.

This is called “negative divergence.” It tells us the momentum behind the rally is fading. And it’s often an early warning sign of an impending decline.

Natural gas has enjoyed a terrific rally. But it now looks like that’s coming to an end.

Source: The S&A Short Report

http://dailytradealert.com/2016/10/14/g ... right-now/

[winston]

If $6 Natural Gas Is Coming, Buy These Stocks

by Bryan Rich

Source: Forbes

http://www.forbes.com/sites/bryanrich/2 ... d054da10c6

[winston]

Where Natural Gas Prices are Headed in 2017

by DR. KENT MOORS

Despite a small decline yesterday, the U.S. Henry Hub natural gas benchmark rate is now up 36.7% for the month.

At close yesterday, the price was $3.61 per 1,000 cubic feet or million BTUs (British Thermal Units), the standard measurement in the U.S.

To put that in some perspective, the price was $1.96 as recently as May 26, and the year-to-date low was $1.65 on March 3. Meanwhile, the $3.65 level reached at close on Monday, December 5 was the highest in two years.

Traditionally, the price for natural gas in the U.S. has been heavily by the seasons, with the severity of winters generally being the main determinant of how high prices would go.

But that’s no longer the case…

With demand for natural gas coming from many new sources, the price is no longer tied to the weather – setting prices up to go higher.

I estimate natural gas prices will test $4.50 before the current cycle flattens out. By that point, probably mid-2017, the demand for broader uses will determine the next price level.

Source: Oil & Investor

http://oilandenergyinvestor.com/2016/12 ... d-in-2017/

[winston]

Freezing Winter Sees Natural Gas Prices Surge

by Nick Cunningham

The EIA reported a surprise drop in storage levels in the week ending on December 16, falling by 209 billion cubic feet.

That decline puts total storage levels at 3,597 Bcf, or just a small 78 Bcf above the five-year average.

The heating degree days (HDD) – a measure of demand for gas pertaining to home heating – was 11 percent above average.

In the first three weeks of December U.S. natural gas consumption averaged 92 billion cubic feet per day (Bcf/d), up 21 percent from year-ago levels and also 17 percent above the five-year average.

The gas rig count is now up to 129, up more than 30 percent in just the past few months

Petrochemical companies, using gas as a feedstock for a range of products including plastics and fertilizer, will have to pay more. So too will consumers.

Source: Oilprice.com

http://finance.yahoo.com/news/freezing- ... 00613.html

[winston]

Chart of the day: New highs for Nymex gas?

The year of 2016 has been a gas for natural gas futures prices on the New York Mercantile Exchange, having rallied since March and trading in the fourth quarter almost at the psychological US$4 per million British thermal units – the highest in two years.

Obviously, the energy industry is looking ahead at what a new US president might do. All has been well and good, but will this continue? Probably not, and therefore traders should start looking for signs of a new interim high forming, something that may have started with last week’s shooting star candle.

This happens to take place at the measured target based on the 61 per cent Fibonacci projection taken from the height of the irregular inverted head-and-shoulders base, coinciding with a 50 per cent retracement of losses since 2014.

Be careful!

Source: SCMP

http://www.scmp.com/business/commoditie ... -nymex-gas

[winston]

Natural Gas Is A Buy

By Dan Flynn

It seems that some powers that be, gave us a surprise changing the weather reports and created a large downward gap opening this holiday weekend, which certain protective sell stops were not elected.

Unfortunately, we cannot demand an investigation or a recount. However, when reality settles in and this weather report will be proven wrong, this is only another buying opportunity.

In the overnight electronic session the February Natural Gas is currently trading at 3.454, which is 27 points lower. The trading range has been 3.568 to 3.401 and when volume picks up caught short will feel the cold as Old Man Winter blesses us with his appearance.

On the Crude Oil front the market achieved $55 a barrel in the overnight electronic session and is on its way to $60 a barrel before you know it.

When we have Thursday EIA Gas Storage and EIA Energy Stocks we can be in for a rude awakening as far as supplies for this winter.

In the overnight electronic session the February contract is currently trading at 5492 which is 120 points higher. The trading range has been 5524 to 5391.

Natural Gas Is A Buy

Source: Investing.com

https://www.investing.com/analysis/natu ... -200171331

[winston]

not vested

Here's How To Play The Natural-Gas Plunge

By Gareth Soloway

Natural gas took another beating on Monday, dropping by over 5%. As it comes crashing down, many investors have asked me where I would buy the commodity. More specifically, the UGAZ, the 3X Long Natural Gas ETF.

When it comes to finding major support, I always look at the single ETF. This is because it does not lose such massive value over a small period.

As everyone should know, all triple and double ETFs always head to zero quickly. They are only short-term trades.

For natural gas, I analyzed the United States Natural Gas (NYSE:UNG). It is trading at $7.80 but does not have major support until it gets into the $7.00 to $7.15 range.

Once UNG gets to this range, I will be a buyer of UGAZ, expecting a sharp bounce that will multiple my gains 3X. This will be a quick bounce and not something you want to marry for months.

Source; In TheMoney Stocks.com

[winston]

Natural Gas Is on the Front Burner

By Sean Brodrick

United States became a net exporter of nat gas in November 2016. That’s the first time that’s happened in nearly 60 years.

Most of the nat gas we export goes via pipeline down to Mexico. In fact, exports of U.S. natural gas to Mexico via pipelines recently grew to 127.4 billion cubic feet (Bcf).

Exports to Mexico went way up in 2016, rising 79% year over year.

The volume of U.S. exports of nat gas to Mexico has tripled since 2010.

Source: The Non-Dollar Report

http://nondollarreport.com/2017/01/natu ... ?src=email

[winston]

Natural Gas Futures Rally on Bullish Stockpile Draw

by Nilanjan Choudhury

With winter turning out cooler than expected, natural gas demand has picked up on the back of elevated power sector consumption due to space heating use.

What’s more, the heating fuel is set to rise further with lower-than-normal temperature predictions over more than half of U.S. for the next two weeks.

Source: Zacks

http://finance.yahoo.com/news/natural-g ... 11841.html

[winston]

Trump to crash oil and gas prices

The deregulatory bonanza underway in Washington could cause oil and gas prices to crash in 2018, according to Bank of America Merrill Lynch. That is because supplies could rise quickly, leading to another state of oversupply.

“The industry has high hopes for less red tape, a more pragmatic approach to regulation and lower costs of having to comply with climate change rules,” BofA analysts said.

The big uncertainty is over the pledge to implement a border-adjustment tax, which would have far-reaching implications for the oil and gas industry.

Source: Oil price Intelligence