Avoiding Head Fakes In War & In Markets
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.
Avoiding Nuclear Armageddon
Crude Cracks!
It’s about f’ing time. I’ve been pounding the table about energy shorts lately, and I’m glad to see it finally succumbed, As God Intended.
Bounce: Blame Biden (by Moneymiser21)
Historically when high oil and gasoline prices hit Americans ahead of major elections, politicians do everything they can to lower prices.
And earlier this year the Biden administration fired its largest bullet trying to hit that target, by announcing months of releases from the Strategic Petroleum Reserve (SPR).
But as everyone turns to OPEC to blame for this week’s spike in oil and gasoline prices, we must note a different interesting factor that took place three weeks ago as /cl ramped its bearish price decline.
Note this headline that hit the major financial media websites on September 13th (link is to Bloomberg): Biden Officials Weigh Buying Oil at Around $80 to Refill Reserves
And now let’s look at where /CL bottomed recently via SlopeCharts:
(more…)Gas Cycle Rocking
I think natural gas is going to be “the new IYR” for me, as the one that got away. This long-term cycle was absolutely glorious, and even with energy ripping higher today, natural gas is getting beaten to smithereens. I hope some readers here took advantage of my insight, because I sure never do!
