(NGX26) (NGZ26) (NGF27) (TGF27) (UNG) (KOLD)
by Jim Roemer - Meteorologist - Commodity Trading Advisor - Principal, Best Weather Inc. & Climate Predict - Publisher, Weather Wealth Newsletter and Co-Producer of Climatelligence
Scott Mathews - Editor and Co-Producer of Climatelligence
Our video addresses the following:
1) How strong and steady LNG exports and “feed gas” demand previously helped natural gas prices rally to over $4.00 per MMBtu
2) How Jim called the top in the market a couple of weeks ago, as trader sentiment always shifts to the weather and the “shoulder month” symptoms when mid-October arrives
3) What is the POL index? Its positive nature means the polar vortex could stay well north of the U.S. for most of this winter
4) Our initial December temperature outlook. If this verifies, natural gas prices could fall below $3 in the winter contracts
Jim Roemer, Scott Mathews, and the BestWeather Team
Mr. Roemer owns Best Weather Inc., offering weather-related blogs for commodity traders and farmers. He is also a co-founder of Climate Predict, a detailed long-range global weather forecast tool. As one of the first meteorologists to become an NFA-registered Commodity Trading Advisor, he has worked with major hedge funds, Midwest farmers, and individual traders for over 35 years. With a special emphasis on interpreting market psychology, coupled with his short-term and long-term trend forecasting in grains, softs, and energy markets, he holds a unique standing among advisors in the commodity risk management industry.