Gosh; even Google doesn't understand me……..
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.
The Daily Exasperation
This market is clearly designed to take as much money away from bulls and bears on a daily basis as possible.
Look at the chart of the /ES below. We have a nice orderly formation of a descending right triangle. We break below the support line. The market moves lower in a nice waterfall fashion, making for clean entry points and neatly-placed stops.
Then, in the span of a single hour, it rockets higher twenty points, blasting me out of my /ES short (and FAZ, for that matter). So a fat big green number early in the morning becomes a small but still red number a little later. Infuriating!
As an aside, I will say that the commodity ETFs continue to look interesting as long plays (DBC in particular).
Your Morning WTHs
Timmay! spotted at a concert:………
Bill Gates releases a swarm of mosquitoes at TED conference……..
And Google sometimes has the most interesting auto-fill-ins (try it yourself)……..
Sweep the Leg, Johnny!
I felt bad when I woke up this morning to a post with almost 300 comments, so I'm starting a fresh one. In case you missed it earlier, here's the awesome Star Trek Opera.
