I have put a trio of scheduled posts up. If all goes well (which it seldom does), they will appear at 11, noon, and 1 p.m. PST. Fellow Sloper pikertrader has kindly offered to be my NEW POST guy.
Good luck to us all! See you on the other side.
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 Plunging VIX
The shrinking VIX is heading for the low 20s. Current VIX values represent typical levels seen before any of the financial crisis even started happening.
Ya Never Know What Yer Gonna Get
I'm tilting more and more bullish. Part of it is that my shorts are blowing up one by one (which is what stops are for), part of it is that my IRA longs just keep kickin' butt, and part of it is that – – well – – let's face it, the sell-offs are pathetically tiny.
So I'm taking a simpleton's approach and going long on those items which look most promising. Here are some new positions with the stops I am using.
A 17.25
ATHR 14.81
BHI 35.04
CMG 71.29
COMV 7.99
FST 17.12
LUK 19.64
OIH 100.37
PBI 21.03
SII 26.54
SPWRA 24.29
TS 25.95
TXN 16.56
UPL 43.99
VFC 53.50
WFR 15.42
Trying to short this market over the past 11 weeks has been nothing more than a colossal waste of time. And that's all I've got to say about that.
EUR/USD Headed for Upward Breakout
If the horizontal line at 1.3739 gets broken to the upside (top of the tinted green area), I think we're headed to about where that horizontal blue line is drawn. This would probably be a big plus for precious metals and commodities.
Today’s Theme Song
Well, the big day (and little toe) is here. This is what I'll be singing (and, for once, my wish is virtually guaranteed to come true):
