I’ve mentioned BLDP and PLUG many times this year, and they keep chugging along. Today, for some reason, just about anything related to electric batteries seems to be white-hot:
The Electric Company
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.
Finally On Top!
I wanted to call this out, because it surely won’t last – – but we’ve beefed up our Top Ten Traders page (based on the virtual trading system) and a certain someone finally crawled his way to the top spot. There are more improvements coming to this page – – notably, the ability to see what positions each person had in the past and has currently – – and I’m excited to see this taking hold.
GEX Says Beware
The Gamma Exposure Index (GEX) has made some seriously large negative divergences coming into the recent highs. In a simple sense, this shows that net option positioning has turned more and more negative the higher the S&P500 has become. It looks remarkably similar to March. Are we in for a repeat?
If you would like to read more about the GEX, I have attached the white paper below.
Groundhog Vaccine
“OK, campers, rise and shine, and don’t forget your booties cause it’s cold out there. It’s cold out there every day.”
Yeah, it looks like someone put in last Monday’s tape in. Sunday night pop higher. News in the wee hours of morning about a Covid vaccine. Explosion to record highs. We saw it last week with Pfizer, and we see it this morning with Moderna:
Gone to Pot
This is probably the most “un-Tim” idea ever, but I’d like to suggest that pot company Cronos (symbol CRON) looks like an interesting buy at these levels, with a stop-loss price at 6.50. I like the break of the downtrend, the price gap, and (although it isn’t shown here) the volume increase.
