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.
So is whatever spooked Dennis Gartman on Friday behind us now? The dovish Fed story is getting played today. It’s the ‘beat the crap out of ’em and then wash-rinse-repeat’ market. Longs, shorts, everybody into the spin cycle. All because this market is still 100% enthralled with these clowns and that makes it difficult to manage.
SPX held support (60 min. view below), Semiconductors never lost the uptrend and now the Fed comes with some dovish love making for the market. A bounce at the least was in the bag. (more…)
I’ve expressed enough confusion about the VIX to draw some attention from good-hearted folks who, unlike me, know a lot about the subject. One fellow in particular, whom has chosen to remain anonymous to readers, was good enough to compose the explanation beneath, complete with charts from his Bloomberg terminal; thank you! (more…)
Much of the recent weakness in equities (particularly Japanese equities) can be attributed to a weakening dollar vis a vis the Japanese Yen. Looking at this cross-rate, it seems poised to strengthen which, as much as I hate to say it, could certainly provide some meaningful relief to equity bulls. Of course, the Fed minutes (released two hours after the close today) will probably provide the most important direction, short-term.
I used to hardly pay SOCL, the social media fund, hardly any notice, but it’s actually a pretty interesting way to view that space as a whole for good set-ups. As my Slope+ readers know, I offered some very specific suggestions with respect to taking advantage of a bullish setup in FB and LNKD (yes, me, Tim Knight, buying calls; can you believe it?) Suffice it to say, they worked out nicely; a 79% profit in two days: (more…)