Well, it’s been awhile since I’ve made you aware of a real estate offering in my fair city, so I present you now with 221 Santa Rita Avenue here in Palo Alto. For the low price of $3.4 million (well, that’s the ask – – it’ll surely go for a lot more with many offers) you can call this place your own personal palace:
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.
Higher Prices in Store for Crude Oil?
The last three day’s candle pattern on WTIC Crude Oil could very end up being a “Three White Soldiers” pattern, which is, technically, bullish [Definition (courtesy of StockCharts.com): “Three White Soldiers: A bullish reversal pattern consisting of three consecutive white bodies, each with a higher close. Each should open within the previous body and the close should be near the high of the day.”]
“Three White Soldiers” candle pattern
Cherishing Free Speech
I gotta tell ya, this sort of thing turns my stomach:
August, Die She Must
Well, the month of August 2015 is history now, and what an insane month it was. I ended it on a good note – – a nice profit today – – and I am once again aggressively positioned on the short side (having built up my positions from merely 48, on Wednesday, to a full 106 today). Broadly speaking, I am positioned for a diminishment in crude from present levels as well as general equity softness, by and large, all the way through the September 17th anti-Christ press conference.
Let us bid August adieu with one of the sweetest voices there ever was:
This Will Run Out of Fuel Soon
Crude oil’s long bear market has been met with a ferocious counter-trend rally. I can’t say precisely when it’ll stop, but I am highly confident this is going to re-sink soon (not necessarily to new lows, but certainly carving away most of this rally).