The energy ETF symbol XLE, by far my largest short position, is behaving itself.
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.
Junior Miners Chasm
I’d say the next year looks pretty bad for GDXJ……..
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.
ETF Reflections: Metals
Preface to all ETF Posts: I am composing this on Thursday afternoon, so the charts will be up-to-date as of then. I wanted to make some general comments about specific ETF groupings, principally to give me a little time to not have to worry about creating new content for you good people in the near-term.
I’ve confessed that I treat gold like an ex-girlfriend after an ugly breakup. My view is poisoned. All the same, I stand by my chart. I think we’ve started to reverse, and I’ve got a bunch of puts on GLD.
ETF Reflections: US Stocks
Preface to all ETF Posts: I am composing this on Thursday afternoon, so the charts will be up-to-date as of then. I wanted to make some general comments about specific ETF groupings, principally to give me a little time to not have to worry about creating new content for you good people in the near-term.
I’m not sure if you’ve heard, but I’m a stocks bear. I’d like to share a few major equity ETFs with that in mind.
The most important one, to me, is the small caps symbol IWM, which has been landlocked in a range for the entirety of 2021. It has made five serious attempts to break support, and this most recent one is particularly exciting, because it also happens to be near a very long-term supporting trendline (the red one). Break 206.52, and it’s bombs away.
