Archive | Energy

Rayno Snow Blog: Nat Gas sell-off on inventory; LaNina Advisory

After an inventory report the bulls paused off intermediate top in the 4.60 range then headed for the sidelines as January Futures were off 13 cents to $4.47. Support is $4.40. The decline in storage was -89 bcf from the previous week not enough to spark buying. Weekly Natural Gas Storage Report Latest NOAA weather […]

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Rayno SnowBlog: LaNina Strengthens, Nat Gas Gets Weather Boost

Nat Gas Approaches Breakout at $4.50 Cold weather is forecasted for the NE and SE for the next 10 days giving a boost to nat gas prices reaching a five day high near $4.50 today. November price highs are in the $4.52 area which could spark a bull camp move to $4.92. The next inventory […]

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Rayno SnowBlog: LaNina Advisory-Nat Gas Up on Cold Weather- Update

11/23/10 Nat Gas is approaching its mid-Sep highs as cold weather is forecasted to continue for the next 10-14 days. Today’s high is $4.29 up from lows around $3.70 on Oct 25. The Jan.’11 Futures Contracts is at $4.39 Quotes & Charts with Indicators – Stocks Options Futures Forex – Traders Log Storm and Nat […]

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Sierra SnowBlog 2010 La Nina Pattern Next 3 Months: Cold for Northern U.S.

A weather pundit came on CNBC today reiterating La Nina and it impact on energy markets beginning in November. He is forecasting cold weather for the Northern tier in the U.S. (see below). Watch Nat Gas come off its lows to low $4 range, now trading at $3.935. Also The Rayno Report has a ski […]

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Market Reversal Today -Be Cautious

The market reversed today about 1:30p EDT as positive Bernanke chat yielded to Trichet and the Baklava Bailout. The NASDAQ Comp was up to the 2430 range then closed at 2397. The Rayno Life Science Index of 34 mid-cap biotechs was up 1.7% with 32 greens at 1:30p  then finished down 0.5% with only 8 […]

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Caution Flag Up with broad sell-off of 2-3%; Deflation risk back?

The market took a thrashing today with the biggest one day slide since July 2; major indices were down 2-3% but materials and financials were down 4%. The Dollar Index DXY was up 0.7% to 77.2% just off its one year low of 75. Equities have been tracking the dollar and oil trade and with […]

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