No, not everything. But, I think, this………..
Time to Buy
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.
Just Sine Here, Please
Just about the only bullish chart I shared on my show yesterday was natural gas, whose sinewave has been nothing short of incredible for a double-digit number of years.
Oil and Gas ETF
In recent days, one particular point of frustration for me has been XOP, the oil and gas producers fund, which lurched higher on a daily basis for weeks. I am confident, however, that this rally has ceased, and I am amping up my bearish position on XOP as well as the individual stock COP.
Take a look at the relationship between the price of XOP and its trio of exponential moving averages (50/100/200). I’d say the risk/reward on a bearish trade is appealing right here.
Zippy Electricity
One quirk of owning an electric car is you’d better get used to waiting at the charger for a while. Bring a good book, if you can. I’m surprised to see how much better Chinese car maker BYD is at this task than, oh, let’s say, Tesla.
My Worst Positions
I have two positions that have absolutely sucked: COP and CNQ. Based on their patterns, I am doing a total greenhorn move and adding to them. I think these suckers are eventually going to break, and I’m happy to just keep buying more puts.
