Started By
Message

re: Hot Take: Natural gas prices do not coorelate with temp

Posted on 1/17/24 at 9:35 am to
Posted by Jag_Warrior
Virginia
Member since May 2015
4172 posts
Posted on 1/17/24 at 9:35 am to
quote:

I see on stocktwits or other forums people say "cold front is coming in. I'm going to buy SWN or EQT now bc it'll go up".


There’s a reason that nat gas trading is called “the widow maker”.
Posted by slackster
Houston
Member since Mar 2009
85470 posts
Posted on 1/17/24 at 5:26 pm to
quote:

There’s a reason that nat gas trading is called “the widow maker”.


Got my arse burned many many years ago trading 3x leveraged nat gas ETFs. Carried forward losses for nearly a decade.


Ultimately, OP is kinda right in that you can’t just buy nat gas going into the winter because it will be cold. That’s already priced into futures contracts.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram