GASX News and Press, Direxion Daily Natural Gas Related Bear 3x Shares Direxion Shares ETF Trust From 04/08/20

The Weather Last week Last week (ending April 3), the number of heating degree days (HDDs) dropped by almost 16% w-o-w (from 107 to 90). We estimate that total energy demand (as measured in total degree days, or TDDs) was 7.6% below the 30-year norm and as much as 11.5% below last ye...

Oil prices plunged today but natural gas prices (NG1: COM) surged +8.1% to $1.75/MMBtu, its highest level since mid-March, on forecasts for cooler weather and higher heating demand next week than previously expected. More news on: Range Resources Corporation, Antero Resources Corp...

The Weather Last week Last week (ending March 27), the number of heating degree days (HDDs) edged down by 4.8% w-o-w (from 113 to 107). However, we estimate that total energy demand (as measured in total degree days, or TDDs) was 5.3% above the 30-year norm and as much as 17.6% above las...

In one of our previous articles , we explained why natural gas traders should care about the latest trends in the Electric Power sector and what indicators they should be monitoring. In this article, we would simply like to update you on some of the latest trends and also discuss the impact o...

The Environmental Protection Agency says it will ease enforcement of a range of legally mandated public health and environmental protections, saying industries could have trouble complying with them during the coronavirus. More news on: Energy Select Sector SPDR ETF, SPDR S&P Oil &am...

April natural gas (NG1: COM) settled +3.2% at $1.655/MMBtu after yesterday hitting $1.53, its lowest level since 1995, as some overnight models and NOAA's latest 6-10-day forecasts turned cooler , slightly raising heating demand expectations. More news on: Cabot Oil & Gas Corpo...

Ten of Direxion Shares leveraged funds will now seek  daily leveraged, or daily inverse leveraged, investment results, before fees and expenses, of 200% or -200%, instead of 300%/-300% previously. More news on: Direxion Daily Russia Bear 3x Shares ETF, Direxion Daily Natural Gas Rela...

Trend-following traders and speculators tend to flock to the natural gas futures arena. The energy commodity offers both liquidity and volatility. Since natural gas futures began trading in 1990 on the New York Mercantile Exchange division of the CME, the price has traded as low as $1.02 and a...

NEW YORK , March 20, 2020 /PRNewswire/ -- Recent and near unprecedented volatility across global markets, driven by the impact of the COVID-19 pandemic and oil price war, has dramatically increased the explicit and implicit cost of trading in the energy and commodities markets. While...

This report covers the week ending March 20, 2020. Total Demand We estimate that the aggregate demand for American natural gas (consumption + exports) totaled around 730 bcf for the week ending March 20 (up 5.8% w-o-w (week over week) and up 2.8% y-o-y (year over year)). The deviation ...