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COM - Natural Gas Market: Bad Trades And Bad Policies
October, 06 2021 01:00 PM
Direxion Auspice Broad Commodity Strategy
This Thursday, I expect the EIA to report 3,276 bcf of working gas in storage for the week ending Oct. 1. I anticipate seeing a build of 106 bcf, 25 bcf larger vs. the five-year average for this time of the year. The annual storage deficit is shrinking fast. Commodity traders face big margin calls as gas prices soar. Energy crisis in Europe is the result of man-made rules and regulations (and not the result of excessive demand or lack of supply). For further details see:
Natural Gas Market: Bad Trades And Bad Policies
Stock Information
Company Name:
Direxion Auspice Broad Commodity Strategy
Stock Symbol:
COM
Market:
NYSE
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