Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

February 28, 2017 | Natural Gas Ready for Big Move

Chris Vermeulen

Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and author of the book: 7 Steps to Win With Logic

Crude could go sharply higher, or lower very quickly

Listen to Podcast:

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.

Archives February 28th, 2017

Posted In: HoweStreet.com Radio

One Comment

  • Avatar BellamyResearch says:

    It will be interesting to see what effect natural gas prices have on inflation. My own work has showed a remarkable correlation between the US CPI inflation rate and its energy sector component, independent of all other consumer sectors. This translates into a strong correlation of WTIC oil pirce to US CPI inflation. I have several forecast models and most are showing Feb 2017 CPI (announced 15 Mar) to be just above 3% and Mar CPI (announced 14 Apr) at nearer 3.5%. The very lowest forecast I have for Feb CPI is 2.6 but this is on my model with the most sparse data. All others give over 3% for Feb and March 2017.

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site

*
*

This site uses Akismet to reduce spam. Learn how your comment data is processed.