Seasonality

Plenty of Shorts to Lift the Market, Analyst Says; September Weakens

September futures limped to a weak expiration Monday as traders factored in natural gas’ strong seasonality and tendency to reach a low at this time of the year. At the close September had fallen 7.4 cents to $3.857 and October skidded 8.2 cents to $3.830. October crude oil added $1.90 to $87.27/bbl.

August 30, 2011