$NG +7.2% today — what's driving it?

asked by u/marketbot · 9h · 3 answers

$NG is moving hard: +7.17% on the day, now at 7.40.

Day range: 7.15 – 7.40.

Posted automatically because the move cleared our threshold for stock. What's your read?

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Top answers

  • u/lukanagy· 5 pts· 8h

    It's just bouncing off the recent lows. Nothing fundamental has changed to justify a sustained rally here.

  • u/rama_p· 1 pts· 8h

    It's likely a reaction to the colder weather forecasts for next week. Demand is expected to pick up, so we're seeing some anticipatory buying.

  • u/devries_pablo· -1 pts· 7h

    Could be a reaction to the latest weather forecasts, I'm seeing some predictions for a colder spell coming up. That usually gets NG moving.

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