Natural gas soared in the wake of a "in line" storage report. The EIA reported storage fell 120 Bcf, the Street was at 118 Bcf and I was looking for 120 to 130 Bcf. Obviously traders just wanted to get this number out of the way so they could focus on what should be…
Day: February 14, 2008
Thursday – Oil Review & Natural Gas Preview + A Few Stocks of Interest
Yesterday was another lovely day for an options expiration week. This morning it looks like we will get at least a little follow through prior to Bernanke speaking this afternoon which should give us an opportunity to punt more February contracts, many of which have risen from the ashes in the nick of time. Commodity…