Jan. 25 at 7:06 PM
$BOIL $KOLD $UNG Sun 12z HDD delta to Fri 12z:
AIFS+EN: +6.6
EPS: +1.7
GEFS: +5.6
Final results of the HDD delta is slightly bullish on a normal weekend but with the current cold shot priced in and the tail at normal I am leaning to not bullish if we aren't factoring everything else in.
However it's a complicated weekend and I am going to defer to others for analysis on week 3 and 4 weather, freeze offs, LNG feed gas and so forth. If Mets are pounding the table with regards to teleconnections and a cold Feb we could be looking at supportive prices. There is still another 4 hours till open, so let's see how everything pans out. I will say, freeze offs appear to not be as bad as expected and there was a larger drop in LNG, so that component leans more bearish. Good luck!