As you can see on Slope’s logo-based earnings calendar, the two biggest energy companies in the country are reporting before the opening bell on Friday.

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.
As you can see on Slope’s logo-based earnings calendar, the two biggest energy companies in the country are reporting before the opening bell on Friday.


A Liebherr mining truck at dusk at Peabody’s North Antelope Rochelle Mine in the Powder River Basin of Wyoming (photo via Peabody).
(more…)As I’ve mentioned, I’ve dedicated the entirety of one of my trading accounts to November XLE puts. Quite the YOLO, right? Well, kind of. But I feel quite strongly about this trade.

When the market is falling, it’s easy (and a kick!) to go on and on about how shorting stocks is the most fun you can have with your clothes on. When the market is vomiting higher (as it is at this very moment), it’s very, very tough to mention anything bearish. But here I am. I’m no foul weather friend.
As I’ve mentioned ceaselessly, there’s no sector I am more enthusiastically bearish about than energy, with XLE being my guiding light:


A Gadsden flag hung out of a Southwest Airlines 737 cockpit. Photo via American Greatness.
The apparent work slowdown at Southwest Airlines (LUV), snarling air travel last weekend, is the latest bit of bad news to hit the economy and markets. Since we shared our bear-proof portfolio back in July (“Building A Bear-Proof Portfolio“), we’ve had the ongoing energy crisis, the China Evergrande (EGRNF) crisis, and supply-chain crisis (“America Is Running Out Of Everything“). All together, this seems like a good test of a portfolio built to manage unforeseen risks. Let’s see how it’s done so far. First, a quick recap of how we built the portfolio.
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