ERCOT Cash – pretty wicked Houston Load Zone congestion all day - TopicsExpress



          

ERCOT Cash – pretty wicked Houston Load Zone congestion all day today – outage near Texas City, Texas causing the issue. Otherwise, calm day… PJM Cash – mild loads and unit outages keeping low level congestion into Baltimore persistent. ERCOT Forwards – quiet day – wraps are up over the last several days… PJM Forwards – much quoted – didn’t see much trade. NG – slightly up then down on a little action day. CL – slightly up on gasoline supply concerns – probably a short term issue. Stocks and Economy – Stocks sold off today as traders fear growth aspirations of China and UK. Heard that selling is good today so stocks can reset value lower to continue their build – continue to drink the Kool Aide… BITCOIN - $425 NG – $3.816 Crude - $91.56 SP500 – 1982.77 US 10-Yr – 2.525 Gold – 1222.20
Posted on: Tue, 23 Sep 2014 22:20:35 +0000

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