Given oil’s tremendous strength, the ETF dedicated to energy, XLE, has rebounded mightily. I have entered a new position with a tight stop (the price gap highlighted below).
Another Chance with XLE
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.
Sam or Scam?
The oddly-named Oklo, a nuclear energy firm helmed by Sam Altman, is up over 1,000% in just the past nine months, with government contracts being the key to their success.
Going Nuclear
Nuclear energy is a hot space right now, so here are seven stocks I found for you. Wouldn’t it be ironic if Trump, of all people, ushered in a new age of green energy?
Fake, Baby, Fake
There are three things I dislike about the political chant “Drill, Baby, Drill.” (1) it’s childish; (2) it’s based on the Vietnam War anti-war slogan “Burn, baby, burn” which I doubt the dummies uttering the other phrase even realize (3) it implies the U.S. doesn’t produce nearly enough energy for its own needs, when in fact it is energy independent and is making more than ever.
Meh – – these political ninnies don’t care about the truth. Just their stupid chants.
Energy Update
Crude oil has continued to fight its way higher, and it’s become dangerously close to violating an important resistance level. I want to emphasize “close to”, since it hasn’t done it yet, but it merits close monitoring.
