On this lazy weekend, I thumbed through all the components of energy fund symbol XLE and plucked out those stocks which seemed particularly poised for possible punishment.
Low 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.
Money Maps
I was driving one of my kids over to a friend’s house the other day. The destination was Atherton, which is adjacent to Palo Alto and a very rich town. The houses tend to be 10, 15, 20 million dollars, or much more, and the lots are vastly larger than those in neighboring communities.
As I was driving there, what was striking to me was the map on my display. Where I was driving, the streets were very far apart, whereas just on the other side of a particular road (the proverbial “wrong side of the tracks“) the density was far greater. Here is what I mean:
The Traitorous Eight
On Friday, the NASDAQ reached a level just a fraction of a percent from its highest point in human history. In spite of that, my 57 shorts – God love ’em – are in the green, and I offer below the eight which are doing the best so far during this dreadful and totally fake “market” of ours:
Gold Sector Correction is Maturing
The HUI Gold Bugs index has over the last 2 decades (encompassing both bull and bear markets) tended to bottom in July per stockcharts.com‘s data for the index. A seasonal average is not a directive, but it is a (+/-) guide to be factored. Last year gold stocks bottomed in May as we caught what would be a violent upswing. This year I expect the low to be in June or July.
Seems Legit
They said today’s OpEx would provide some serious f*ckery. They weren’t kidding. I have 57 shorts, all profitable. Onward!
