Short Chemtura (CHMT)
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.
Ag’s Hole
One of the big beneficiaries of the sabre-rattling lately has been the agricultural sector, as illustrated by the surge in DBA. It’s mashed right up against its Fibonacci retracement, and it’s also very close to a huge descending trendline. I went ahead and shorted a bunch of DBA just now. (more…)
Blowing the Big Burrito
I have no idea what the Mexican economy encompasses besides illicit drug smuggling and the manufacturing of diabetic citizens by way of Coca Cola, but whatever it is they make down there, it’s not going well. I remain cheerfully short.
From Russia Without Love
Russia was taking steps to secure post-imperial interests in Ukraine over the weekend, and while there seems little chance that there will be any armed response from the West, it seem likely that this can be the trigger for a much needed short term retracement from the SPX weekly upper bollinger band, which was tested at the high on Friday. (more…)
