Natural Gas: Will The Recent Rally Change The Bear Course?

A two-day 10.7% rally helped natural-gas futures to a three-week high of $2.684 per mmbtu on Friday Feb. 17, partly sparked by more-than-expected supplies decline, Encana (ECA) shutting in production, and traders’ short-covering.

U.S. natural gas futures just recently plunged to a 10-year low in mid-January hitting $2.32, and have dropped more than 50% from 2011 peak of about $5.00 in June, and the current market fundamentals suggest the recent artifical rally could not be sustained for long.
Natural Gas: Will The Recent Rally Change The Bear Course?

David Einhorn Buys Three New Stocks: These Are The Names And Theses (Q3 Letter)

david einhorn, reading, valuewalk, internet, investment research, Greenlight Capital, hedge funds, Greenlight Masters, famous hedge fund owners, big value investors, websites, books, reading financials, investment analysis, shortselling, investment conferences, shorting, short biasDavid Einhorn's Greenlight Capital funds returned 5.9% in the third quarter of 2020, compared to a gain of 8.9% for the S&P 500 in the same period. This year has been particularly challenging for value investors. Growth stocks have surged as value has struggled. For Greenlight, one of Wall Street's most established value-focused investment funds, Read More