A very cool perspective on commodity performance in recent years; click on the image for a larger and more readable version (if you have a big screen).
Periodic Commodities
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.
New Fund=Time To Sell?
A Sell Signal For An Asset Class?
In the video below, I note that Bitcoin has dropped by more than a third since the ProShares Bitcoin Strategy ETF (BITO) launched, and discuss a couple of other examples of similar phenomena that came to mind. The first was when Alliance Capital (as it was known at the time) launched its healthcare fund in the late ’90s. At the time, Pfizer (PFE) was one of its top holdings, and an archetypical one at that. It was selling two of the biggest drugs on the market: Warner-Lambert’s Lipitor (starting in 1996) and its own Viagra (starting in 1998). And yet Pfizer’s share price hit a high water mark a few years later that it didn’t regain until last year with its BioNTech (BNTX) COVID vaccine.
(more…)Fulsome Futures
PREMIUM: Futures News
(Note: this was originally intended as a premium post, and it still mainly is, since the “news” is for the Gold and Platinum members who have access to commodities data in SlopeCharts. However, I am opening this post up to all readers, simply to share the gallery of static futures charts with everyone).
Greetings, beloved Gold and Platinum members. I’ve got bad news, and good news, and better news for you.
- The bad news: Maybe “bad’ is overstating is, since, as Norm might say, it’s more of a comment, really: until now, a few of the futures were drawing data from non-standard exchanges, which frankly led to some weird price data. The shapes of the charts was accurate, but the prices were different (as if they were priced in another currency). The biggest example of this is Gold, and some of you have written, wondering why the gold chart looks good but the latest price is something like $200.
- The good news: This entire issue has been fixed! Not only is the shape of the chart proper now, but – holy of holies – the price data actually makes sense, too. Huzzah!
- The better news: Presently, the quantity of futures data is quite modest. This month, we will be expanding this data by an order of magnitude. I’ll also be updating the interface in SlopeCharts to better organize the data and make it easy to access. So………good things are on their way!
Here, then, for your viewing pleasure, are the futures available now, with a few mark-ups by me:
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