TNR Energy

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When most folks think of TNR, it means Terms & Regulations, but here on Slope, it refers to TNRevolution. I feel a debt of gratitude to the man today, since his comment about the small caps bottoming inspired me to GTFO of my IWM puts at just about the best possible price yesterday morning.

TNR has also been kicking my butt with his energy bullishness (in sharp contrast to my energy bearishness). I stumbled upon this futures chart today which will make him happy. If we cross above that horizontal, I think TNR’s energy bullishness is going to go to “11”.

slopechart BZ