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January 28th, 2020

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Oil Market Update...
Clive Maund  Dec 12  

Oil Market Update - consequences of Saudi attacks...
Clive Maund  Sep 18  

Oil Market Update
Clive Maund  Jul 30  

Evaluating US Nuclear Competitiveness and its Future as a Carbon–Free Clean Energy Source
Keith W. Rabin  Jul 25  

Should We Rethink Nuclear Power?
OilPrice  Mar 09  

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expert analysis & newsletter briefs

NexGen Energy Ltd.

"My top pick for 2016 is NexGen Energy Ltd. . . Arrow is an emerging world-class deposit that is still in the early stages of discovery. The state—it being so early in the delineation and development process—means a lot of upside still remains. . .the company just closed a $21M financing, which means the company has enough cash to carry through 2016 and beyond." (12/23/15) - Gwen Preston, Resource Maven

NexGen Energy Ltd.

"My top pick for 2016 is NexGen Energy Ltd. . . Arrow is an emerging world-class deposit that is still in the early stages of discovery. The state—it being so early in the delineation and development process—means a lot of upside still remains. . .the company just closed a $21M financing, which means the company has enough cash to carry through 2016 and beyond." (12/23/15) - Gwen Preston, Resource Maven

Fission Uranium Corp.

"Fission Uranium Corp. announced it entered into a binding letter of intent with China's CGN Mining, a subsidiary of nuclear giant China General Nuclear Power Group, to acquire 19.99% of Fission as part of an CA$82M strategic investment, along with a potential future offtake agreement on production from Patterson Lake South (PLS). . .we urge investors to bolster positions in Fission as the deal derisks development financing, and in the interim, should fund PLS through full feasibility and permitting." (12/22/15) - David Sadowski,

Energy Fuels Inc.

"Energy Fuels Inc. is the only conventional uranium producer in the U.S. and the second-largest producer overall. It has the potential become #1, given the projects and mines it has on standby or that are close to being in development. At full ramp-up we expect the company to be able to produce 5–7 Mlb/year, in a country currently producing 4–5 Mlb/year. The U.S. consumes 55 Mlb/year, but only about 10% is supplied domestically. U.S. utilities seeking security of supply will greatly prefer U.S. producers over those from Kazakhstan, Russia or Africa. This company is well positioned to benefit from higher uranium prices. We have a Buy rating with a target price of $11.85/share." (12/22/15) - The Energy Report Interview with Rob Chang

Fission Uranium Corp.

"Fission Uranium Corp. announced it entered into a binding letter of intent with China's CGN Mining, a subsidiary of nuclear giant China General Nuclear Power Group, to acquire 19.99% of Fission as part of an CA$82M strategic investment, along with a potential future offtake agreement on production from Patterson Lake South (PLS). . .we urge investors to bolster positions in Fission as the deal derisks development financing, and in the interim, should fund PLS through full feasibility and permitting." (12/22/15) - David Sadowski,


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from the publisher
  Robert J. Moriarty

Welcome to 321energy.



The Corn & Ethanol Report

Daniel Flynn
http://www.pricegroup.com/
dflynn@pricegroup.com


The Corn & Ethanol Report 01/28/2020

Several Governments Warn Against Travel to China

Good Morning!

We kickoff the day with Advanced Durable Goods at 7:30 A.M., Redbook at 7:55 A.M., S&P/Case-Shiller Home Price YoY & MoM at 8:00 A.M., Consumer Confidence and Richmond Fed Manufacturing Index at 9:00 A.M., 52-Week Bill Auction and 2-Year FRN Auction at 10:30 A.M., 7-Year Note Auction at 12:00 P.M., API Energy Stocks at 3:30 P.m. and FOMC Meeting today with a rate decision tomorrow. It used to be if the U.S. sneezed the rest of the world would catch a cold. Times are now a changin… In this global economy it seems we have another black swan event that may slow down the pace that was moving to make more record breaking numbers in its path. More deaths in China due to the coronavirus and Hong Kong has suspended travel and cut rail links to and from China as the virus spreads. China is shutting down factories and all other business' as they attempt to lasso this growing outbreak without a proven vaccine. Market traders and speculators are watching with great anticipation. The FED may take retractive action on rates with crisis growing to stimulate and calm the market. On the Grain front the complex was spooked as well with the coronavirus slowing down everything that uses Energy, and concerns of larger global supplies and weaker U.S. demand. The March Corn settled 6 1/2 cents lower in yesterdays action. The one thing we do know quarantine or no quarantine people must eat. In the overnight electronic session the March Corn is currently trading at 381 1/2 which is 1 cent higher. The trading range has been 382 3/4 to 381 1/2.

On the Ethanol front the March contract is currently trading at 1.334 which is .013 higher. The trading range has been 1.336 to 1.324 with the market currently showing 2 bids @ 1.325 and 2 offers @ 1.334 with 5 contracts changing hands and Open Interest growing to 416 contracts.

On the Crude Oil front we are seeing Turnaround Tuesday with a little recovery from the panic sell and the prospect of OPEC to further their production cuts while the FED may make a move tomorrow as well. The API Energy Stocks ate out at 3:30 P.M. In the Overnight electronic session the march Crude Oil is currently trading at 5327 which is 13 points higher. The trading range has been 5361 to 5268.

On the natural Gas front the February Natural Gas Options expire today which could make for a rocky ride. The oversold market with demand fears and plenty of product is getting a little boost in the early going which could be attributed to profit taking. The weather modules are calling for warmer temperatures next week but who is to say we may see a spike if the Fed actually takes action tomorrow. In the overnight electronic session the February contract is currently trading at 1.937 which is 3 1/2 cents higher. The trading range has been 1.938 to 1.883.

Have a Great Trading Day!



A Subsidiary of Price Holdings, Inc. - an Employee Owned Diversified Financial Services Firm. Orders must be entered via direct verbal communication with a representative of our firm. We cannot be held responsible for orders left in any other manner. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. Investing in futures can involve substantial risk & is not for everyone. Trading foreign exchange also involves a high degree of risk. The leverage created by trading data-on margin can work against you as well as for you, and losses can exceed your entire investment. Before opening an account and trading, you should seek advice from your advisors as appropriate to ensure that you understand the risks and can withstand the losses. Member NIBA, NFA.

The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or futures. The PRICE Futures Group, its officers, directors, employees, and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. Reproduction and/or distribution of any portion of this report are strictly prohibited without the written permission of the author.

Contact Dan at (888) 264-5665 or dflynn@pricegroup.com.



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January 28th, 2020

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