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$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ [Share Lin...
That's a joke!!! We saw that price four weeks ago. Does that make sense? Look at the weather reports. (YouTube video) How cold does it have to be before the penny stock moves? Or is everyone heating with wood now? Summer 25 will be the death knell for this fraudulent share.
US natural gas futures dropped more than6,24% to below $3.25/MMBtu on Wednesday, as traders awaited the latest inventory data from the Energy Information Administration (EIA). Analysts anticipate a small storage build or a modest draw for the week ending Nov. 22, with larger withdrawals expected in the coming weeks as colder weather sets in. Export demand has remained strong in November, driven by Europe and Asia preparing for winter heating. To meet this demand, US production has increased, up by 1.5 Bcf/day from the 30-day average on Tuesday. Looking ahead, AccuWeather forecasts colder air and storms spreading east and south this week, which is likely to boost gas consumption heading into December.
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Captain Hamster : It’ll bounce shortly once the storage data is released at noon, 35 more mins…sit tight
The Doctor OP Captain Hamster : You’re kind… thanks for updating me…. It’s frustrating…. Terrible market…. Usually we have to go up %15 today about the weather news.
Captain Hamster : very welcome
Captain Hamster : Nov 27, 2024 -2B -4B -3B (actual/forecast/previous), not great, not devastating either, remember the number is one week delay…
The Doctor OP Captain Hamster : Let’s say…. Terrible like usual…. after this winter season I am done with the Black widow…..at least I am in plus… again thanks for the encouragement.
Stevie B : Down Down Down. but my credit spread is up. The weather and the supply doesn't matter. You might get a small pop. Right now boil is down 15% It would take 17.5 up to get back to yesterday close
The Doctor OP : Natural Gas is just sucks….Terible….