ERCOT Cash – Built for 68+ gigs and currently only getting 62 - TopicsExpress



          

ERCOT Cash – Built for 68+ gigs and currently only getting 62 gigs – oversupplied today and this summer so far. PJM Cash – 70s – the temperatures across the ISO –prices are half this level… ERCOT Forwards – stronger in spots, but in general not much higher – active today. PJM – barely noticed pricing changes – if any… **Dog Days of Summer** NG – slightly higher on warm temps next week - $4.00 is a hurdle CL – lower on International Energy Agency demand forecast – also stated q2 demand grew at slowest rate in 2 years Stocks and Economy – very technical term here – “wishy washy”. No clear direction in this economy and geo-political issues EVERYWHERE. Bears encouraged and Bulls are weary – but NO ONE sees a major correction on the horizon because the economy is “too strong”… BITCOIN - $586 NG – $3.979 Crude - $97.37 SP500 – 1933.75 US 10-Yr – 2.451 Gold – 1310.00 **near market close
Posted on: Tue, 12 Aug 2014 21:58:04 +0000

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