Well, people, there’s only so long I can plausibly offer up good short ideas in the face of a market which pukes to new highs each day. So below are a couple of retail-oriented stocks that have powerful bullish formations. First, there’s Macy’s (as an aside, I’ll note that Nordstrom, symbol JWN, has a similar pattern) (more…)
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.
When Will Gold Exhaust Itself?
In the span of just a couple of days – April 12 and 15 – gold plunged tremendously, and in the TEN days it has had to repair the damage, it’s only managed to undo the drop from the 15th. The damage is severe and, in my opinion, simply part of a larger trend. (more…)
TANSTAAFL
Back before the first world war there was a period when many bars in San Francisco gave away free food to customers. The only catch was that the food was heavily salted, with the intention that the diners would become thirsty and order plenty of drinks to wash the food down. I understand that this may be the origin of the observation that ‘there ain’t no such thing as a free lunch’, sometimes shortened to TANSTAAFL.
Any decent outcome tends to require a risk, and that’s particularly true in traded markets. There is never any certain outcome to a trade, the best that can be done is to trade when the odds favor one outcome over another. (more…)
Sometimes It’s All About Timing
There are times one just can’t help oneself from contemplating just how ignorant (or down right stupid) people are. You might think I’m speaking about the “mis” or uninformed. Or, the “under” as well as uneducated in matters of business, finance, politics, and more. Oh contraire!
I’m speaking of the people whom fill some of the highest positions within those very industries. Once again I have been left with my jaw planted firmly on the floor by some of the revelations or “explanations” from the so-called “smart crowd.” To paraphrase an old adage: “It’s better to keep ones mouth shut and be thought a fool rather than open it as to remove all doubt.” (more…)
Hedging The Most Actively Traded ETFs
Hedging The Most Actively-Traded ETFs
Fellow Slopers,
In this post we’ll look at the costs of hedging the most actively-traded ETFs, but first, a quick update on an old post. A couple of years ago on Slope (“A Nano Cap Bargain“), I mentioned I had purchased a few shares of nano cap mobile phone accessory maker, Wireless Xccessories Group (WIRX). Shares of WIRX were up significantly this week, after the company announced sizeable revenue gains. As I noted in my post a couple of years ago, it’s a thinly-traded OTC stock, with all the risks that implies, so caution is warranted. Now onto the most actively-traded ETFs. (more…)
