I’ve got to scoot a little while before I write a post, so here’s a beautiful song for you. Please listen to it, particularly the lyrics. There is some very simple, truthful advice in it (and, on a side note, I honestly hope Janet is OK; she’s a fellow human, after all).
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.
Awaiting Granny
It seems people are really, really hung up on the fact that our Chief Oatmeal Cookie Baker is making a speech this afternoon. What’s she going to say? That she’s awaiting more data? That they’ll lift rates when it’s appropriate? Listen, people, they are never going to raise rates, and if the market gods smile upon me, her effect on the market will be little different than it was one week ago today, when she did her usual blather which sent the Dow into a 1,000 point tailspin. Look, I’m sure she’s a nice old lady. It’s just too bad she gets all this attention.
As for myself, I lightened up today (down from 170% committed to 125%, and down from 117 positions to just 88 shorts). I intend to crank it up ungodly aggressively next week. It was a good day overall, my portfolio pushing up 0.93% versus the overall market being down 0.29%.
Swing Trading Watch-List: CBI, DIS, FIVE, AVGO, BF-B
Fall of a Legend
Breathtaking – – one of the great names of American industry, down 94%.
