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09.11.26 - 20:48
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NatGas Shorts "Forced To Cover" As US Cold Blast Threatens Record Hedge Fund Bear Bets (ZeroHedge)
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NatGas Shorts "Forced To Cover" As US Cold Blast Threatens Record Hedge Fund Bear Bets
US natural gas futures jumped Monday morning as forecasts shifted sharply colder across the Mid-Atlantic and Northeast, colliding with the record hedge fund short position we flagged Sunday.Incoming Cold Blast"A midweek cold front is expected to bring a noticeable cooldown across portions of the central and eastern Corn Belt. By Thursday and Friday, temperatures will trend toward or below seasonal averages across much of the region, while warmer conditions persist farther west," private weather forecaster BAMWX wrote on X.A midweek cold front is expected to bring a noticeable cooldown across portions of the central and eastern Corn Belt. By Thursday and Friday, temperatures will trend toward or below seasonal averages across much of the region, while warmer conditions persist farther west.Stay… pic.twitter.com/2IAfAsC56z— BAM Weather (@bam_weather) November 8, 2026
Washington, DCPhila...
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08.11.26 - 16:00
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Could One Big Cold Snap Torch Hedge Funds′ Record US NatGas Shorts (ZeroHedge)
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Could One Big Cold Snap Torch Hedge Funds' Record US NatGas Shorts
Meteorologists are tracking a potential cold blast across the eastern half of the Lower 48 next week, just as hedge funds' short-only positions in US natural gas futures have surged to record highs. That crowded bearish positioning leaves the market vulnerable to a short squeeze if colder weather translates into stronger heating demand.The Commodity Futures Trading Commission released data on Friday showing that money managers' short-only positions across seven benchmark Henry Hub contracts soared to 636,576. That marked the third consecutive weekly record and the largest position in data stretching back to May 2013.Record high:US NatGas prices have traded in a tight range between $2.60 and $3.30 since early February of this year.So what are meteorologists looking at?Forecasts have shifted to show colder weather across the Lower 48.The cold is expected to be more pronounced in the Mid-Atlantic and Northeast. Average temperat...
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05.11.26 - 21:39
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Hedge Fund Walleye Returns Capital, Fires Head Of Equities After Worst Month Since COVID: Read The Full Letter (ZeroHedge)
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Hedge Fund Walleye Returns Capital, Fires Head Of Equities After Worst Month Since COVID: Read The Full Letter
One week ago, when Nomura's Charlie McElligott told clients that the October "pod purge" was the multi-strat model simply "cleansing" itself, we were less sanguine: "we suspect the next round of stop-outs is probably just a matter of time." Well, Charlie was wrong, we were right: it took about a week. And this time it's an entire fund.Moments ago, Bloomberg reported that Walleye Capital, the $17 billion multistrategy hedge fund run by CIO Will England, is returning a portion of its capital to investors and gutting its internal equities business after its worst month since March 2020. Walleye lost 5.9% in October, bringing its 2026 losses through last month to 6.8%, according to people familiar. Anil Gondi, the firm's head of equities, has been let go along with a "substantial" portion of the internal long/short teams, according to a letter se...
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