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 believe it was LZ who mentioned last night how interesting energy might be as a bearish opportunity, since it had fallen so out of favor with the bears. True! In point of fact, two of my put positions I dumped yesterday (Schlumberger and Marathon) would have been just FINE to hang on to, since they have reversed handsomely. In any case, I still think there is opportunity here, so I have re-entered both of them (at worse prices, obviously).
I’ve been so obsessed with Utilities, I’ve latched on to individual companies as well. One beauty was NextEra (symbol NEE) with a massive topping pattern. Look at this sucker get walloped!
This is a bit of an odd post, since I want to briefly mention two things.
First, I saw some chatter in comments about how well uranium is doing (which I guess makes sense, since we’re heading straight for global thermonuclear war). This particular symbol URNM was mentioned, and it is certainly impressive!
I was surprised by this; I never realized the U.S. was the top producer!
