Thursday, June 11, 2009

Nat Gas (UNG) inventories show smaller build than expected

Nat gas showed a build of 106 bcf vs the consensus build of 110 bcf.

I am long UNG. Based on a the cost of oil vs nat gas - nat gas should be a no-brainer to catch up in a big way.
Posted by The Honest Trader at 12:05 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

None of my content is a recommendation to buy or sell any securities.

Please do your own research or consult an advisor before making any investments.