19 Jan

What to Expect from Natural Gas Next Week

WRITTEN BY Rabindra Samanta

Implied volatility

On January 18, 2018, natural gas’s implied volatility was 53.9%, 10.2% above its 15-day average.

What to Expect from Natural Gas Next Week

A surge in asset prices can result in higher implied volatility. For example in the trailing week, natural gas (GASL) (GASX) futures rose 3.4% and implied volatility also rose 9.7%.

Natural gas prices

There’s a 68% chance natural gas futures could settle between $2.95 and $3.43 per MMBtu between now and January 25, 2018. The forecast is based on the assumption that prices are normally distributed and natural gas’s latest implied volatility of 53.9%.

On January 18, 2018, natural gas prices settled at $3.19 per MMBtu. On January 13, natural gas futures closed at $3.42, the highest closing level since 2017. Higher natural gas prices could have a positive effect on the United States Natural Gas ETF (UNG), the ProShares Ultra Bloomberg Natural Gas (BOIL), and the First Trust ISE-Revere Natural Gas ETF (FCGbecause they have exposure to natural gas futures. For more analysis on natural gas prices, check out our Energy and Power page.

Latest articles

This year, Pfizer (PFE) stock has fallen 0.34% and Bristol-Myers Squibb (BMY) stock has fallen 6.48%. Both companies are focused on strengthening their position in the high-growth oncology and immunology markets. Let's take a closer look at each.

Walt Disney’s (DIS) latest movie, Toy Story 4, has reportedly broken records in the opening weekend with $118 million in sales. However, the opening weekend collection was behind analysts’ expectations of at least $150 million in the first weekend.

24 Jun

Will Home Depot’s Upward Momentum to Continue?

WRITTEN BY Rajiv Nanjapla

As of June 21, Home Depot (HD) was trading at $209.39, which implies a rise of 9.7% since the announcement of its first-quarter earnings on May 21. Also, the company was trading at a premium of 32.4% from its 52-week low of $158.09 and a discount of 2.8% from its 52-week high of $215.43.

On June 21, Aurora Cannabis (ACB) made an announcement that indicated that it will move towards higher margin vape products. In addition, the company also believes concentrates and edibles will command higher margins. In anticipation of this development, the company announced the expansion of its facility to capitalize on growth related to these segments.

Shares of Mondelēz International (MDLZ) are scaling new heights thanks to its stellar gains so far this year. Mondelēz stock is up 38.0% on a YTD (year-to-date) basis, and it closed at $55.25—just a shade lower than its 52-week high of $55.71—on June 21.

24 Jun

How Long Will Facebook's Libra Fuel Bitcoin Rally?

WRITTEN BY Mayur Sontakke, CFA, FRM

Ever since the news about Facebook’s (FB) cryptocurrency project broke, Bitcoin has rallied on the hope that Facebook’s entry in the space will help make cryptocurrencies mainstream. Facebook’s cryptocurrency will be called Libra and will be governed by an association with 28 founding members across industries.

172.31.38.64