I am excited and delighted by what’s happening with crude oil. As many of you know – particularly my Slope+ subscribers, for whom this has become an obsession – I’ve been very enamored of energy lately. One of the big appeals for me is that unlike so many equity stocks, energy and its related producer stocks seem to be one of the last “honest” markets to trade. It actually – gasp – reflects supply & demand as well as honest-to-God economic realities. It’s certainly refreshing, which is why a full third of my 81 short positions are directly related to energy.
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.
Well, my friends, I’m ducking out the moment the “market” closes today in order to have a meeting about a special project I’ve been working on for a number of months now. I promise to get a market-oriented post done when I get back in a few hours; thank you!
I’m not sure if people only discovered that hamburgers exist a couple of years ago, but here – – for all who want to be amazed – – is what fine culinary artist Jack in the Box has been doing recently – up over 400% in the past few years:
Here’s today’s swing-trading watch-list:
Long International Business Machines (IBM)