NextEra Energy Follow-Up
Slope of Hope Blog Posts
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Back to Energy
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).
The Knights Who Say NEE
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!
Noocular
Radiation and a Target
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!
