Aug

14

Market Fatigue? from Ken Drees

August 14, 2012 |

What of the threat stringing out past the point of threat into a sleep? Market fatigue waiting for the euro mess to resolve, Iran to be bombed, Syria to fall, nat gas to get a pulse, gold to restart, Japan to rise again, GE to come, etc.

Steve Ellison writes: 

Natural gas, 6/15/2012: 2.467 (July contract)

2.196 (adjusted for rolls to August and September)

Natural gas now: 2.752 (September contract)

That's a 23% increase.


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  1. Craig Bowles on August 15, 2012 2:34 pm

    The short-term relative strength of oil prices and interest rates vs stocks seems have locked the S&P close to 1400. Maybe traders would rather go up to Saratoga than fight this setup.

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