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 grew up in Louisiana, where it rains eighty inches a year fairly consistently. We have real seasons down there, so I’ve always been amused at the attitude of those in the Bay Area who get all worked up about tiny temperature fluctuations or the occasional bolt of lightning.
Over the past few years, there’s been less rain than normal, and of course purveyor-of-all-things-gloomy ZeroHedge was having a field day with stories about how this wasn’t just a normal drought, but the end of California. Article after article appeared stating that the “new normal” for California was the desert-like condition that, according to some, was the norm for the state. (more…)
There is a yawning gap taking place between high yield instruments (such as HYG and JNK) versus the equity market in general. My view is that this spread will reconcile, which is a polite way of saying that stocks are prone to some hard-core selling.
Here’s today’s swing-trading watch-list:
Short Eaton (ETN)