Even though the piece is from just earlier today, I wanted to revisit the Utilities Target Reached post. Please take a look at this chart:

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.
Even though the piece is from just earlier today, I wanted to revisit the Utilities Target Reached post. Please take a look at this chart:
A few years ago, if you were a compulsive gambler and wanted excitement, the world was your oyster thanks to meme stocks and crypto. Crypto in particular was insanely volatile, with Bitcoin, for example, zooming and crashing by tens of thousands of dollars on a nearly constant basis.
The homebuilders (symbol XHB) looked appealing to me, so I acquired January $80 puts on them today at $5.15. There’s a tremendous amount of overhead supply as well as some key broken trendlines.