I realize my commentary stinks today because I am so busy, but at least my calls are good. I am buying DIG now with a stop of 29.99. Exiting shorts as swift as possible. Bought 19,000 shares of SSO at a good price earlier.
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.
Trimming Shorts
Moving into QLD and SSO. Sold OIH calls, DUG. Updating stops.
China Breakdown?
The Amex China Index ($CZH) is in the throes of an interesting triangle formation.
I own FXI puts, so this is encouraging. By the way, I was really embarassed when I realized that my fussing about why the FXP moves so much more than the FXI was absurd, since the FXP is a double-inverse whereas the FXI is just a normal "single" bullish ETF. So – duh – they aren't opposites. Sorry.
Intraday Cleaner
Too busy to even make a single chart; just trying to get comments back to the double digits.
SPYs Like Us
The market continues to be quite weak, and the handful of surviving longs I had (about a dozen), I just dumped. The SPY looks like it could head to 86 without much trouble.
