Valor View - 02/06

Valor View - 02/05

Valor View – NG – Feb 4 – Market Volatility & Weather Uncertainty

Market Overview * Weather continued to add and market started talking about biggest draw ever and what price point we will need to fix it * It seemed that $5.00 OI which was only 2 tics pre-long weekend was still on the books and market was caught short Feb and March

Valor View - 02/04

Valor View - 02/02

Valor View - 01/08

Valor View - 02/01

Valor View – NG – Jan 30 – 50 Cent Rally & Weekend Weather Risk

Market Overview * And... just like that a 50 cent move * Market is now running in scared, what ifs mode * What if we get more weather with no SALTs or low SALTs * No one wants to go short over the weekend. Not outright anyway * Especially when everyone is scratching their head

Valor View - 01/30

Valor View - 01/29

Valor View - 01/28

Valor View - 01/26

Valor View - 01/22

Valor View - 01/21

Valor View - 01/20

Valor View - 01/19

Valor View - 01/16

Valor View - 01/14

Valor View - 01/13

Valor View - 01/06

Valor View - 01/03

Valor View – NG – Dec 18 – Weather Plays & Holiday Distractions

Market Overview * War and weed is in the air to keep you distracted from the E files * The distractions also include announcement of "Hunger Games" * Similarly, Natty market tried to be distracted with some weather coming back story, but traders are not having any of it * Even with

Valor View - 12/18

Valor View - 12/16

Valor View - 12/12