Monthly Archives: May 2014

US Natural Gas Storage Fill … Challenge On!

The US Natural Gas industry has a challenge – refill working gas in storage to pre-winter levels by the first week of November. That’s no small order. Let’s take a look at the US Lower 48 working gas in storage

Posted in Crude Oil, Energy, Natural Gas, NY Harbor ULSD, RBOB Gasoline, Uncategorized Tagged with: , , ,

Consolidation Overload!

Portfolio managers across the globe will tell you they’d take a trending market any day over a market in consolidation. Markets in consolidation are difficult to trade, especially for the hedger. Prices will often provide false breakouts while volatility and

Posted in Copper, Crude Oil, Energy, Gold, Metals, NY Harbor ULSD, Platinum, RBOB Gasoline, Silver Tagged with: , , , , , , , , , , , , , , , , , ,

Silver … Building a Base

Silver futures (symbol: SI) have experienced a large, yet choppy, sell off from its $49.82 high of Apr11. The movement down to $18.185 in Jun13 represents a 76% retracement, a common retracement target. The Jun13 retracement also tested, and failed

Posted in Metals, Silver, Uncategorized Tagged with: , , , ,