On a totally different topic, folks. Brace yourself. That Satanic Anti-Christ known as Jerome Hayden Powell is about to do his work. Be strong. I’ll see you on the other side.
Natural Gas Aflame
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.
Extreme Bloating
I don’t trade it myself, but I know natural gas has been a hot topic this year. Take a look at UNG: it seems unstoppable, all starting with its cup-with-handle bullish pattern.
What Happens When You Don’t Diversify
Unplugged
As a bookend to my post earlier today about electric vehicles, here are the companies which supply the chargers to juice them up. Why these were such red-hot stocks in earlier days is beyond me (although I suspect people figured they’d be on the rich Build Back Better gravy train, which never left the station). This whole sector is looking awfully flimsy.
Gaseous Rates
I look at my 50 ETF charts each day, and I was doing so, something odd occurred to me: the chart of the treasury bonds ultrashort fund (symbol TBT) sure did look similar to, of all things, natural gas (UNG). Just for the hell of it, I put them on top of each other, and my recollection was accurate…….
