A large utility company isn’t typically what might occur to a person as a good short candidate, but I present to you Pacific Gas & Electric (PCG) which is looking awfully woozy:

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.
A large utility company isn’t typically what might occur to a person as a good short candidate, but I present to you Pacific Gas & Electric (PCG) which is looking awfully woozy:

With so much attention focused on Davos this week, I thought I’d mention a portion of my novel Solid State is actually set there. Give it a read – it’s free!

There are plenty of risks in the equity and bond markets this year, and the Greenland drama over the last week has been a good illustration of that. There was a lot of political drama last year and so far this year it seems that might even accelerate.
Next year Donald Trump will probably be a lame duck President without control of the House (very likely) and possibly also the Senate (theoretically possible but unlikely), and that may slow the chaos down, though he will still likely have a lot more power than lame duck Presidents have traditionally wielded.
In my post on Monday 19th December I was looking at a setup for possible new all time highs on SPX, QQQ, DIA and IWM in the Santa rally, and some of that played out over the remainder of December.
(more…)Many times starting in 2021, and reaching a fever pitch late in 2024, I wrote loving missives about gold, silver, and – – later – – palladium and platinum. It’s those two I’d like to highlight with this post, as they are both rallying mightily this morning. Below is the chart of palladium /PA over the past few years, with its exquisitely formed rounded bottom followed by a series of lurching, forceful rallies.

Just a sampling of some of the mega-gainers in recent months from the world of precious metals mining:
