My Gas Ready to Rock post of January 7th certainly has been a screaming success; the arrow marks the time of the post.

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My Gas Ready to Rock post of January 7th certainly has been a screaming success; the arrow marks the time of the post.

Since the topic of Tesla gets talked to death, I wanted to offer three more electric vehicle stocks which might have excellent long-term potential as longs (assuming the sector in general does well). These are quite speculative, but the returns could be spectacular (I’d like to gently remind my readers that I did some wildly bullish TSLA posts many years ago when it was, on a split-adjusted basis, a single digit stock).

OK, you’re going to think someone has hacked my account. This is not only a bullish post, but a bullish post on energy. Specifically, natural gas. I am impressed by this chart of UNG. Also take note of the volume:

This time of year, investors are dumping their worst performers for what is called tax-loss harvesting. For instance, if you have amazing capital gains on, let’s say, TSLA, but you had the misfortune of buying a bunch of HOOD when they went public, you might choose to dump your HOOD garbage to offset some of those sweet TSLA gains during tax times. Thus, the lousiest stocks have especially bad Decembers.
With that in mind, here are a hodgepodge of particularly-battered issues which you might consider as bounce plays with the looming new year. I’m not touching any of these, but I could certainly make an argument for bounces – – even substantial ones – – once trading resumes on Monday, with tax-loss harvesting behind us.
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