fmx | energy | connect - Natural Gas Alert – WeatherInsight

Categories:

Tools

FMX 2010 Energy Expiration Calendar

follow FMX on

Data Reports:: market snapshot; energy >> crude report; energy >> options report; energy >> natural gas report; commodities >> metals report; weather >> full report

<< FMX Natural Gas Daily – March 1, 2010 | Natural Gas – Options Report – March 1, 2010 >>

Natural Gas Alert – WeatherInsight – March 1, 2010

March 1 2010, 11:44

Natural Gas Alert – WeatherInsight – March 1, 2010

Consensus: The 12Z model is revising its expectations for colder weather over the coming week.

(WI|FirstTrigger|Weather) AvgTemp: 12Z GFS, Day 8: 03/05, KLGA, 7 degrees F below 30-year avg
(WI|FirstTrigger|Weather) AvgTemp: 12Z GFS, Day 7: 03/05, KLGA, 7 degrees F below previous 0Z GFS
(WI|FirstTrigger|Weather) AvgTemp: 12Z GFS, Day 7: 03/05, KLGA, 15 degrees F below 30-year avg
(WI|FirstTrigger|Weather) AvgTemp: 12Z GFS, Day 8: 03/06, KLGA, 11 degrees F below 30-year avg
(WI|FirstTrigger|Weather) AvgTemp: 12Z GFS, Day 13: 03/11, KLGA, 5 degrees F above previous 0Z GFS
(WI|FirstTrigger|Weather) AvgTemp: 12Z GFS, Day 13: 03/11, KLGA, 6 degrees F below 30-year avg
(WI|FirstTrigger|Weather) AvgTemp: 12Z GFS, Day 8: 03/09, KLGA, 9 degrees F above previous 0Z GFS
(WI|FirstTrigger|Weather) AvgTemp: 12Z GFS, Day 8: 03/09, KLGA, 7 degrees F above 30-year avg

About the alerts:

NOAA weather forecast models update during the day and night. The 12Z model updates daily at 11:30am.

WeatherInsight’s alerts are released when the 30-year departure temperature (East Coast NY LaGuardia) is more than 6 degrees F and the 12 hour change in the forecast is more than 4 degrees F. Their research has shown that during winter, when the natural gas market is in a “bullish” trend and the forecast is much below normal temperatures, historically there is a short-term rally 70-75% of the time. Similarly, in a “bearish” market and with a warmer forecast, the market comes off 70% of the time.

Courtesy: WeatherInsight

-----

About FMX: FMX Connect is an information, data, and analytics portal for Commodities. The portal provides an all-in-one package including essential market data, independent third party research, industry news, and commodity trading tools. FMX Connect provides efficient, effective, and thorough data that bridges all aspects of commodities onto one screen. The Result; A user friendly application for hedge fund traders, OTC brokers, individual investors, and industry participants
-----
Note: The information presented, while from sources generally believed to be reliable, is not guaranteed and may not be complete. FMX | Connect makes no representations or warranties regarding the correctness of any opinions or information. Past results are not necessarily indicative of future results. Nothing in this report should be construed as a representation to buy or sell shares, futures or options, which contain considerable risks. For internal client distribution only. Any reproduction, re-transmission, or distribution of this report without permission is prohibited. Media correspondents or reporters may not quote any one page or section in its entirety and must attribute all quotes, ideas or concepts herein. Copyright FMX | Connect, ©2008-2009. All rights reserved