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.

Reassuring Words from 2007

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From testimony to Congress:

The ongoing tightening of lending standards, although an appropriate market response, will reduce somewhat the effective demand for housing, and foreclosed properties will add to the inventories of unsold homes. At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained. In particular, mortgages to prime borrowers and fixed-rate mortgages to all classes of borrowers continue to perform well, with low rates of delinquency. We will continue to monitor this situation closely. (more…)

How Two Microsoft Hedges Reacted To Friday’s Drop

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How Two Microsoft Hedges Reacted To Friday’s Drop

Tim raised an interesting question in a post on Friday (“Does Microsoft Matter“). As Tim noted, apparently its earnings miss and plummeting share price didn’t matter much to the broader market. But it did, of course, matter to Microsoft longs. Last month, when Microsoft hit a new high, I posted two ways for those longs to hedge against greater-than-19% drops over the next several months (“Two Ways Of Locking In Microsoft Gains“). In this post, we’ll look at how those two hedges reacted to the stock’s drop on Friday. (more…)