I’ve had a SlopeAlert set for DBC ever since Mamie Eisenhower was trying out for the swimsuit edition of Sports Illustrated, and it finally fired this morning.
At Last, Commodity Failure
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.
I Dig Oil
Energy + Crypto
Good morning, everyone. Well, another exciting week is ahead of us, with FOMC being the highlight on Wednesday, and we’re already off to a good start.
Last night, the /ES tried to mount a rally against the selling. It managed to beautifully match its failure point from Friday before simply resuming the bleeding, As God Intended.
Oil: Where It’s At
An anchor tenet of 2022 for me continues to be oil’s breakdown. In spite of all the narrative-based evidence to the contrary, my view is that oil is heading back down to $70/bbl.
Semi Tough
