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.

An Update on Commodities

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In NFTRH 447 we used individual daily charts for the CRB index and various individual commodity items. This was in order to better view details of the bearish (but bouncing, as expected) state of the complex. Below are some of the more general daily charts we usually review (along with weekly charts) each week in NFTRH.

CRB and crude oil look bearish, NatGas is stable to constructive, copper is bearish as it consolidates the big bump, Agri is neutral/non-starter and the Uranium holder is bearish, exactly as we expected the fallout from the previous pump job to be.

crb

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Stop-Cleaning in Commodities

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On the other side of a red-eye flight, so this will be quick.

It was exciting last night to see crude oil plunge (and take equities with it), but it didn’t last. Just look at that sudden sweep down – – merciless! – – and then the recovery overnight. As I’m typing this, crude oil has fought its way back into the green, but I’ve only taken profits on a couple of energy shorts (and I maintain my long in ERY).

0505-crude

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