Good Morning,
TradeBook was down overall this week after dropping $4.5 million, but hey, what’s a few mill between friends? And what’s four mill when your book is up 156 million?
The losses were explained by the collapse of Socal Citygate and a net long book. Sadly, our biggest short position was at NP and that Citygate hardly moved. The book now is net long with most of the length in MidC. We are excited about that position given the impending heat hitting the Northwest and collapse of WY18 inflows.
[render_email_report name=”TradeBook – Speculative” date=”2018-06-14″]