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.
Here's a video 2Sweeties of Retracement Levels fame put together for Slope this morning:
I'm having some fun playing with ProphetCharts new "ratio" feature – – I entered (UNG/GAZ) to see what the ratio of these two ostensibly similar ETFs was like. UNG describes itself in the following way:
The investment seeks to replicate the performance, net of expenses, of natural gas. The trust will invest in futures contracts on natural gas traded on the NYMEX that is the near month contract to expire.
Whereas GAZ says…….
The investment seeks results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones-AIG Natural Gas Total Return Sub Index. The fund is designed to reflect the performance of natural gas. The index is composed of the Henry Hub Natural Gas futures contract traded on the New York Mercantile Exchange.
Let's take a look at that ratio: