I took my profits (ahem, a word I'm not using much on this particular day!) on USO earlier. It's interesting how volume in shriveling in the face of an uptrend. Not good for bulls on oil, I'd say.
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.
Two TRUE Toxic Assets
Hi Ho, Silver!
I'm going long silver in a big way via SLV. Stop price=11.93
Rally Looks Shortable, but Avoid Tech
This rally is looking more and more shortable, although I am shying away from the $NDX, $COMPQ, and anything tech-related, which look like they could have more steam behind. If the $VIX was a stock, it would be a buy right now.
Digging DUG Again
I've been having surprising luck with overnight trades on ETFs like DUG, USO, and GDX. I'm buying DUG at these levels with a stop at 22.16
