Beyond Crude Oil: A Long Term Play In Natural Gas

Last week, I talked about the illogicality of recent moves in crude, and there has been more of the same this week, if anything even more pronounced. I guess I should be used to markets behaving illogically after nearly four decades of working in and around them. In fact, I am not even sure if a counterintuitive move such as we saw this week in crude can be called illogical when it happens so frequently.

Still, there are times when a move, particularly following a news or data release, puzzles or even shocks me. This Wednesday was a case in point.…