Reiterate Buy on CHK and Weakness Today

For Speculative Accounts ONLY: CHK Calls $8.00 2/17/17 at $0.47.

Temperatures may first drop into the teens or single digits Fahrenheit from the Great Lakes to the East Coast this week, said Shunondo Basu, a meteorologist and gas analyst with Bloomberg New Energy Finance in New York.  The cold may boost so-called heating degree day values, an indication of how much energy’s needed to heat homes and businesses.

There’s also a chance that snow blankets the northern Midwest and upper Great Plains through Christmas, he said Monday.

“The biggest cold outbreak is Thursday and Friday,” Rogers said. “It is going to be brutal.”

Leave a Reply

Your email address will not be published. Required fields are marked *