OK, forget all the opinions, speculations, and prognostications. It all comes down to what's making money. Here are the top ten most profitable positions for me right now in absolute dollar terms (from 1st place to 10th). Sorry for so many charts, but it's been a long week, and I'm going to skip any creative writing today. I hope it is self-evident which positions I am long and which I am short (just in case it's not, I am, in order: Long, Short, Long, Short, Short, Long, Short, Long, Long, and Long!)
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.
A Trio of Buys
My favorite long positions right now are SRS, TBT, and SLV, but here are some "normal" equities that look good to buy:
The Medical Chart with the Random Zig-Zag
Play it in the background. Enjoy a little TMBG.
One That Got Away
Oh, I hate when this happens (and it's not the first time). I've tried to short ATAC just about every day for the past week, but there's never any available. It's down over 20% this morning.
Overall today is booooooooooooooring. Maybe the market has started its three-day weekend early.
DBA Looks Primed
I like the look of this chart; I confess I'm going a bit commodity-happy these days, but it seems to be one of the few areas that is really shaping up to move up if it can push just a little higher from here.