26
Nov
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The ZLT was up 2% last week and is down 14.5% on the year and up 15.0% in the last 3 months. The XOP was up 1.0% last week and is down 14.7% YTD.
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Questions and comments under The Wrap will be addressed in the Monday post.
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The Blotter is updated.
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The ZLT remains roughly 21% cash.
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November 26th, 2017 at 3:39 pmperfect storm on weds for ng futures caused them to crash– up 10 c 3 % in pretrade for monday :
1.traders closing out positions before 4 day wknd.
2.stop loss orders
3 warm weather
https://www.bloomberg.com/news/articles/2017-11-24/weather-jitters-send-u-s-gas-futures-tumbling-most-in-a-month
November 26th, 2017 at 11:08 pm