OK, I'm serious this time. I mean it. I'm leaving to take my test. This will be my last post before tomorrow (glancing about furtively). I'll just leave you with this one chart, which I consider bee-yoo-tee-ful. It was a very bright spot in an otherwise semi-yucky day.
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.
Love in the Afternoon
As I mentioned early this morning, I am taking my series 65 examination this afternoon, and I probably won't have an opportunity to do a post until early Saturday morning. Thanks for understanding the "light Slope day". Good night!
P.S. Thanks to whoever it was in the comments section that brought GOLD to my attention (the symbol). What a beauty! Going long precious metals today saved my bacon.
NZD/USD
OK, I've got time for one last post before the market closes. NZD/USD bears close watching. I have found this to be a very interesting way to look for extremes in US equities, and it's really pushing the envelope right now.
More Green Shoots
With the market up in the triple digits (and why not? our banks are healthy!) I figured I would be getting mauled. But as I kept glancing at the sum total of my portfolio, I was down, but not by that much.
How come? At first I thought all the stupid stocks in my IRA were saving the day, but they really weren't up that much. Then I looked at my options screen (I have 43 put options) and expected to see a solid wall of red. Instead, there actually was a fair bit of green, and a few of them were doing pretty well on a day like this.
To any of us, the most important "indicator" is our own bottom line. It looks like, even today, some of the more bearish patterns are actually still managing to act that way. Like one of my oft-mentioned favorites.
Anyway, I really have to study, so I probably won't be doing another post until a one-sentence comment cleaner after the close. Thanks for understanding.
Junk Worth Keeping
I have 28 long positions in my IRA, and although I view most of them with deep skepticism, there are a handful I actually consider "keepers." Here they are:
