This is a fascinating look at the breakdown of where all the oil goes……(click on it so you can actually read it):
(more…)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.
Virtual Wipeout
Well, yesterday was my day in the sun for XLE, and today is TNRevolution’s. Just to show what a devastating effect a YOLO-style bet can make, take a danger at my virtual equity chart:
Stop WIGGLING!
Blind Squirrel mentioned yesterday that we’ve had well over 300 trading days without a single 5% pullback. Pathetic, isn’t it? What words leap to mind? Here are some suggestions: manipulated. Fraudulent. Fake. Canard. Illegitimate. Inorganic. You get the idea. Here’s the intraday chart of SPY for many months. Totally, totally under the thumb of that treasonous bastard Jerome Hayden Powell and butt buddies like Robert Kaplan who was actively trading the markets (and even equity futures!) while his friends were actively pumping trillions of dollars into the “market” to guarantee profits. These people are all criminals and should be put away for life.
The Oily Bird Gets the Worm
Good morning, everyone, and welcome back from your Labor Day holiday. Mercifully, we get a nice long chunk of time before some silly holiday comes along to spoil everyone’s fun. I’m truly delighted this “not working” nonsense is behind us again. Let’s take a peek at crude oil:
Time for Energy
For anyone who wanted a second bite at the Energy Bear apple, I think your time has come. Here is XLE, my instrument of choice.
