I guess this is a dangerous post title, but it isn’t what you might think.
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Natural Blast
I know there are a lot of fans of natural gas here on Slope (with The Director recently placing a sensational trade). It all makes sense, given this beautiful sinewave pattern!
Gas Line
If you think trendlines matter, I suggest you look at the energy ETF symbol XLE, which has rallied to precisely the resistance side of its broken trendline.
Rocking the Casbah
I never understand where the empty-headed “Drill, Baby, Drill” moron-phrase comes from. It’s not like everything is shut down. On the contrary, NO ONE gets more oil out of the ground than the U.S.
PREMIUM: Toil and Trouble for Bears
by Moneymiser21
The oil market appears to be under a spell from the witches in Shakespeare’s Macbeth. They’ve cast “Double, double toil and trouble,” and a trading fire is burning in the cauldron beneath the surface of where most home traders look.
WHAT’S NOT ON THE MAIN CHART
1 – The current front month contract for WTI (/cl) oil futures will flip in two trading days, as March contract futures options expire.
Leading up into the end of last week’s trading, the March contract still showed a slight price discount to April. This is commonly known as ‘contango’ in the commodities market and is considered the ‘normal’ mode of operations.
(more…)