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.
Am I biased against this company? Yes. Does the bullish RBLX chart get me riled? Yes. Emotionally charged? Check.
Over the past two months, price action has staged a mighty comeback. This daily chart represents the company’s entire history with the market. Price is now approaching two trendlines of resistance, from the highs in June and November 2021.(more…)
The chart looks quite bearish for sure.
It is worth noting that the crude oil price only stabilized and began falling in earnest with massive Strategic Petroleum Reserve releases.
Making some rough assumptions from the SPR graph below, beginning April 1 releases of 730,000 bbls/day began (a combination of an ongoing releases that began mid-December 2021and the “Emergency Sale 1” that began April 1, 2022).
The estimated daily amount increased to about 935,000 bbl/day on June 1, 2022 and is now running at about 1,000,000 bbls/day under “Emergency Sale 2” which is set to end on October 31, 2022.(more…)
I was surprised to read Olivia Newton-John is now dead. This is a person I have trouble imagining as ever aging. Below is her most famous video which (a) is so retro-80s (b) is super-ghey (c) features many special guest appearances by Slopers.