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.

Heading Home……

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After a few days at Prophet North, I'm heading back to my beloved Palo Alto. Thus, my post will be quite late today.

But what a day it was! I think God heard (or read – – He has good taste) my bellyaching about the market and His Divine Trading Account intervened with massive selling. So I ended up wayyyyyyyyyy in the green today.

I trust my beloved readers did well too. I'll write to you again tonight from the Silicon Valley. Oh, and by the way, I've gone back to the original Disqus settings. Too many people remarking about quirkiness, so I'd rather keep the user experience superb.

Apple Short

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OK, I need to talk about something – anything – to get Hillary's face off the top of Slope. So it'll be AAPL.

I've got puts on this, and I might get some more at these levels. I like how this price has broken its major trendline, fallen hard, and now has retraced to close its gap.

Here's a closer view.

It was weird to see the headline "Worst GDP in Six Years" this morning with a gain on the Dow next to it. Oh, well. As of this writing (only about 40 minutes into the open), it looks like the SPX and NDX are down, and the Dow has whithered away to just about flat. Naturally I always worry that the bad news is already priced in!