Yeah, yeah. This is Avenue Q obsession day for me. All the same, this is a wonderful song, and it'll give me time to put something together.
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.
Junior Miners at Lowest Price in Human History
Risk-on Risk-off Trades in JPM from 1990
Further to the comments in my post of May 11th pertaining to JPM, the Monthly comparison chart below of JPM (purple), the four Major Indices, and the Financials ETF (XLF) shows the major swings of JPM from 1990 to Monday's close.
As you can see, its swings have been very much more volatile and large in comparison with the Dow 30, S&P 500, Russell 2000, and XLF. It has, however, behaved more in line with the Nasdaq 100 Index (green). Both of these instruments have traded much more aggressively over the past 22 years, indicating a much greater appetite for risk than the others. However, when losses have happened, they have also happened to a much greater extent in these two on a percentage basis than in the others.
The price of JPM now sits down at 1998 levels, and, at the moment, the risk trade in it is OFF. I'll continue to monitor it relative to these indices and XLF in order to gauge its relative strength/weakness over the next weeks/months.
Brazil – Like I Said….
A follow-up to my post of May 8th….
