I’ve mentioned BLDP and PLUG many times this year, and they keep chugging along. Today, for some reason, just about anything related to electric batteries seems to be white-hot:(more…)
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 think I’ve mentioned my strong bearish attitude on energy (and energy companies) a few thousand times over the past month, both here and on my show. Sunday evening trading seems to have given thunderous applause to my disposition.
First off, be sure to read the prior post if you didn’t already, since it covers a variety of improvements here on good ol’ Slope of Hope.
I’ve made no secret of my long-term bearishness on crude oil and the energy sector in general. Manipulation of markets comes in all forms, but crude is special, in that its price is artificially elevated by a successful global cartel. Crude is about $35/bbl right now, where economic reality should be placing it at, oh, say, about $10/bbl. Thus, there is a persistent tension between natural market price and synthetic cartel-sanctioned price. Observe how this strain is getting severe in the form of this absolutely gorgeous rounded top.(more…)
I’ve said it a hundred times in the past, and I’m sure I’ll say it a hundred times in the future: energy is in big trouble, and I believe crude oil, and the companies that suck it out of the ground, are heading into prolonged bear markets. Today’s action is indicative of the general trend……..(more…)
Both of these have been mentioned over the course of 2020 and continue to do well; I guess not everyone involved with cutting-edge energy is another Nikola. These are well-formed bullish patterns:(more…)