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.
I like the look of this both as a short and as an option position (that is, a directional play via puts).
Here is one of the few solid-looking bullish charts I’ve been following.
As with yesterday, my bright spot today has been my short position in metals – specifically, GLD and XME. I’ve covered both for now, but I think in the weeks (or months) ahead we’ll challenge the lowest levels I’ve marked in green.
I haven’t traded bonds (via TLT) in a while, but I’ve been watching them with interest (heh). I read this morning how all the big boys shorted the bejesus out of the bond market early this year and are seeing their positions get ripped to shreds. I think plenty more ripping is in store. The smart money, it seems, understand bonds as a safe haven for the shitstorm that’s forthcoming.
Here’s today’s swing-trading watch-list:
Long Kate Spade & Co (KATE)