Category Archives: Anecdotes

Fear of Boredom

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Ah get born, keep warm
Short pants, romance, learn to dance
Get dressed, get blessed
Try to be a success
Please her, please him, buy gifts
Don’t steal, don’t lift
Twenty years of schoolin’
And they put you on the day shift

The alarm I set for myself at 4:10 a.m. chimed, and I climbed out of bed to take one of my children to the airport. He’s off to a conference at Harvard, and we can look forward to seeing him again late Sunday night. Yet on Monday morning, at the more reasonable hour of 6 a.m., I’ll be driving him again to the airport to head to Costa Rica for a school trip.

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KC Masterpiece

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So……..any tweets from the President about the stock market this morning?

Hello from Flatland. I’m traveling all day today, so you’re not going to get the usual torrent of content. I will say that I’m pleased to see – – could it be – – a second day of weakness in equities. I hope D.C. rides to the rescue. Won’t someone think of the children?

I’ve got 50 short positions, some of which I’ve been augmenting quite a lot lately (particularly in energy), and I remain long SDS and ERY in my “etf-only” account.

0217-es

Crude Poop

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Two quick early-morning items. First, it’s good to see crude continuing to weaken. The grand and glorious goal is a break of support (green tint), since we’ve been range bound for two solid months now. As I’m typing this, it’s actually lower than the chart below, down over 1.5% now.

0207-CRUDE

Second, I’m in make-fun-of-SNAP mode these days, because I think it’s an IPO designed for buffoons who thought 1999 never happened, so I found this little snippet from their S-1 kind of fitting. Click the image to see a bigger version.

0207-poop

No, it’s really there. It’s on page 110. Honest.

A Fool and His Money

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Greetings from the Knight household, as each member of my beloved family is doing their own thing. Me? I’m composing you a post for absolutely no charge. I’m a helluva guy, aren’t I? Let’s begin our story.

About a week ago, I got a series of tweets from a fellow whom I don’t know and have never heard about. He wanted me to know about a big bet he was making………..

0201-tweetone

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Being Boring

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I want Slope to be exciting and interesting. I want people to seek it out on a daily basis to read what I’ve got to say. But, Good God in heaven almighty, just look what I have to work with these days, people:

0201-rut

That’s the Russell 2000 for the past two months. Day after day after day of going nowhere. Some days a little up. Some days a little down. On the whole: zilch.

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