Well, I’m back from a family trip to Denver, where we had a successful fencing tournament. I am heartened, now that I am back in front of my computer screens around midnight on Sunday, to see commodities continue to crash and burn. To my way of thinking, commodities represent the unvarnished truth about the world economy, far more germane than, oh, say, Facebook, Amazon, Netflix, or Google (just to grab four names out of the air).
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.
Natural Gas Price Approaching FREE
Weather Report (by Bob Kudla)
Ever since the Fed quit QE, the market has been oscillating based on OPEX. Many sites have been remarking on this as of late (so probably will not work this month) but technical patterns, seasonal s, and trend-lines suggest we take the trade short. Also, it looks likely that the market has readjusted back to levels prior to the we are going to raise rates meeting. Now what, back into the old rectangle, or as I think we are now in this new lower rectangle.
I am short ES and Biotech, but there are many ways to play this whether you are a conservative or aggressive trader.
