Below is a chart of DBC, the commodity ETF, over its entire lifetime. I have taken the unusual step of making the range of the Y-axis extend to $0 to illustrate more plainly the prospect for lower prices as the third instance of overhead supply takes hold.
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.
This post title sucks, but I’m giving in to the tired, hackneyed custom of starting a post with a number, since humans seem wired to click on such things. So…………welcome!
Anyway, here are eight important ETFs whose price gaps have held beautifully. I like what I see here!(more…)
Here are a couple of long ideas. The first, AAXN, has been a solid stock for a long, long time. I see no reason this is going to change. It’s a huge, beautiful pattern.(more…)
Here are ten new short positions I just entered. These will be small positions, as their stops tend to be rather loose. I have zoomed in on what I consider the most germane portions of the chart, and I have placed my stop-loss prices in the caption of each. (The first three are free; the other seven are for paying members only).(more…)
This is simple.
Here’s how much the top brass at General Electric pulls down every single year:(more…)