It would seem to be natural gas is poised to “catch up” with its long-term up cycle.
Gas Leak
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.
Super Right Triangle
Super Micro Computer (SMCI) came out with earnings after Tuesday’s close. I was toying with the idea of a small put position, but I didn’t have the guts. Too bad! Because this is a classic right triangle top, and in spite of the company announcing a 10-for-1 split, the stock, last I checked, was collapsing.
Metal Works
I’ve shared this chart many times, and it’s working great. It is the XME/GDX ratio, which has suggested that, over the long haul, being long GDX and short XME would be a great pairs trade. So far, so good, and plenty more to come!
Big Jack Attack
Tech Trend Failure
There’s no doubt about it: the /NQ channel is totally broken.
