Given oil’s tremendous strength, the ETF dedicated to energy, XLE, has rebounded mightily. I have entered a new position with a tight stop (the price gap highlighted below).
Another Chance with XLE
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.
Tweet Junk
I’m participating in x.com less and less these days, and the reason is simple: in spite of having over 25,000 followers, almost ALL the replies I get to my tweets are just garbage spam. I mean, honest to God, I even sent out a cute picture of Dukie, and every single reply was some bot promoting some stock “analyst”. I just don’t have the interest for this crap anymore.
Sam or Scam?
The oddly-named Oklo, a nuclear energy firm helmed by Sam Altman, is up over 1,000% in just the past nine months, with government contracts being the key to their success.
The Kings of Plunder
In more naive days, I assumed private equity firms were sharp and sophisticated optimizers of capitalism, but after reading Plunder (which I reviewed here a year ago), I now understand them as the most shameless of criminals which make Samuel Bankman-Fried look like a saint. Anyway, here are the most successful criminals in the world:
Towing the Lines
Since yesterday morning, a fascinating transmogrification has taken place with the small caps, as represented by the /RTY futures. I am a bit obsessed with this, not only because I consider the $RUT to be the “last man standing” in bear-land, but also because I happen to own a whole bunch of August $212 puts on IWM. Here’s the /RTY since yesterday morning:
